With the investment, equivalent to just over 14 billion kronor, ASML will become the largest shareholder in Mistral with an 11 percent ownership stake, according to a statement from the companies.
ASML's CEO Christophe Fouquet says that the deal's primary purpose is to integrate AI within the company rather than building a European AI challenger.
–We want to flood the entire ASML organization with AI, says Fouquet in an interview.
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