{"id":409874,"date":"2025-09-09T07:38:10","date_gmt":"2025-09-09T07:38:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/409874\/"},"modified":"2025-09-09T07:38:10","modified_gmt":"2025-09-09T07:38:10","slug":"european-ai-gets-boost-as-dutch-tech-giant-invests-e1-3b-in-frances-mistral-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/409874\/","title":{"rendered":"European AI gets boost as Dutch tech giant invests \u20ac1.3B in France\u2019s Mistral \u2013 POLITICO"},"content":{"rendered":"<p>ASML, one of Europe&#8217;s largest tech companies by market value, takes an 11 percent stake in Mistral, which is one of the few European companies to develop AI models and chatbots that rival OpenAI&#8217;s ChatGPT, both companies <a href=\"https:\/\/www.asml.com\/en\/news\/press-releases\/2025\/asml-mistral-ai-enter-strategic-partnership\" target=\"_blank\" rel=\"noopener\">announced<\/a> Tuesday morning.<\/p>\n<p>ASML&#8217;s investment is part of a larger funding round of \u20ac1.7 billion for Mistral. The French company is valued at \u20ac11.7 billion.<\/p>\n<p>&#8220;This investment brings together two technology leaders operating in the same value chain,&#8221; Mistral&#8217;s CEO Arthur Mensch said. <\/p>\n<p>Currently, U.S. cloud providers service two-thirds of the European market, and the EU  <a href=\"https:\/\/pro.politico.eu\/news\/194752\" target=\"_blank\" rel=\"noopener\">represents<\/a> only 7 percent of global AI investments.<\/p>\n<p>Dutch European Parliament lawmaker Bart Groothuis <a href=\"https:\/\/bsky.app\/profile\/bartgroothuis.bsky.social\/post\/3lydomrugvk22\" target=\"_blank\" rel=\"noopener\">called<\/a> the investment \u2014 after Reuters reported Sunday about the upcoming deal \u2014 a &#8220;brilliant move.&#8221;<\/p>\n<p>&#8220;It helps to build a European AI ecosystem,&#8221; he added. <\/p>\n","protected":false},"excerpt":{"rendered":"ASML, one of Europe&#8217;s largest tech companies by market value, takes an 11 percent stake in Mistral, which&hellip;\n","protected":false},"author":2,"featured_media":409875,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5309],"tags":[1942,141040,14035,2437,2000,299,36,2817,1197,2441,1199,53,49],"class_list":{"0":"post-409874","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-france","8":"tag-artificial-intelligence","9":"tag-bart-groothuis","10":"tag-cloud","11":"tag-companies","12":"tag-eu","13":"tag-europe","14":"tag-france","15":"tag-intelligence","16":"tag-investment","17":"tag-markets","18":"tag-services","19":"tag-technology","20":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115173202691659740","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/409874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=409874"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/409874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/409875"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=409874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=409874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=409874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}