global-tech-competition

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ASML Leads $2 Billion Funding Round Valuing French AI Startup Mistral at $14 Billion

Paris-based AI company Mistral has secured $2 billion in funding led by ASML, valuing it at $14 billion. The investment highlights Mistral's focus on open-weight AI models amid global concerns over reliance on U.S. and Chinese technology. Cofounders each hold stakes worth $1.8 bi…