LONDON -- ASML, a leading Dutch maker of chipmaking gear, is investing 1.3 billion euros ($1.5 billion) into French artificial intelligence startup Mistral AI, the two said on Tuesday, announcing a partnership between two of Europe's top technology companies. ASML Holding, based in Veldhoven, Netherlands, holds an important role in the global tech industry because it makes equipment used to manufacture semiconductors, including the most advanced microchips used for cutting-edge AI systems. Mistral was founded two years ago in Paris by former researchers at Google DeepMind and Meta Platforms and quickly became a European tech darling. The partnership underscores Europe's efforts to reduce exposure to American technology. President Donald Trump's increasingly hostile attitude to European Uni
ASML invests $1.5B in French AI startup Mistral, forming European tech alliance

40