05:50 AM EDT, 09/08/2025 (MT Newswires) -- ASML ( ASML ) is poised to become the top shareholder of Mistral AI, a French artificial intelligence startup, Reuters reported, Sunday, citing unnamed people familiar with the matter.

The company has committed to invest 1.3 billion euros ($1.5 billion) in Mistral's 1.7 billion-euro fundraising and is expected to secure a board seat, according to the report.

Reuters also said that this fundraising values Mistral at a 10-billion-euro pre-money valuation, making it Europe's most valuable AI company in its latest series C round.

Mistral declined to comment on the matter, while ASML ( ASML ) did not immediately respond to MT Newswires' request for comment.

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