On September 9, 2025, Mistral announced the closing of a €1.7 billion Series C round, valuing the company at €11.7 billion. The round was led by ASML with a €1.3 billion investment, an almost 11% stake and a seat on the strategic committee - solidifying the intersection of chip infrastructure and the hyper-scale modeling race. ASML's entry aims to reduce European reliance on US computing providers-with talk of integrating Mistral's capabilities into chip manufacturing tools. Investors such as a16z, DST, and Bpifrance also participated. Stake and valuation figures have been consistent across major reports, though dollar variations in other press coverage. Precise details on the time use of the capital other than expansion in research and computing have not been published.
OpenAI (American Modeling Lab) merges its teams and recognizes the survival of hallucinations.
