AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

Core Insights - Mistral AI, backed by Nvidia, achieved a valuation of 11.7 billion euros ($13.8 billion) in a Series C funding round [1] - ASML, a Dutch chip equipment maker, invested 1.3 billion euros in Mistral AI's total funding round of 1.7 billion euros, acquiring an 11% stake in the company on a fully diluted basis [1] Funding Details - The Series C funding round raised a total of 1.7 billion euros, with ASML being the lead investor [1] - ASML's investment of 1.3 billion euros represents a significant commitment to Mistral AI, indicating confidence in the company's potential [1]