European AI Unicorn Mistral in Talks for €3 Billion Financing: Valuation Could Reach €20 Billion, ASML to Become Largest Shareholder

According to Insight Beating's monitoring, Europe's AI startup Mistral AI is currently in talks with investors for a new funding round. Insiders revealed that Mistral AI plans to raise around €30 billion (approximately $35 billion), with a valuation expected to reach €200 billion, and possibly even higher due to investor demand. This represents a significant increase from the €11.7 billion valuation during its funding round in September last year. The negotiations are still in the early stages, and specific terms may change.

Semiconductor equipment giant ASML is Mistral AI's largest shareholder. ASML invested €1.3 billion last year, holding an 11% stake. Mistral AI was founded in 2023 by former researchers from Google DeepMind and Meta. The company primarily offers cloud infrastructure services to European governments and businesses, managing local data centers in France and Sweden, and has recently signed partnership agreements with Airbus and BMW.

To expand its business, Mistral AI is in discussions with European banks and other institutions, planning to provide a cybersecurity model to replace Anthropic's Mythos model. Previously, Mistral AI CEO Arthur Mensch publicly stated that overreliance on external sources for cybersecurity vulnerability detection poses a national security risk, and Europe must autonomously control relevant technology.