The Dutch ASML is committing 1.3 billion euros ($1.5 billion) for Mistral’s 1.7 billion euro (~$2 billion) fundraise and is expected to get a board seat at Mistral, said the people, who requested anonymity to discuss private negotiations.
- ASML invests $1.5 billion in Mistral’s $2 billion Series C
- Mistral to become Europe’s most valuable AI company at $11.7 billion valuation
- ASML’s investment aims to boost European tech sovereignty, sources say
alt source
Yeah, that’s how those huge US companies keep getting bigger and bigger, and end up shitificating the world whilst making lots of money.
They have the Buy_Out capital, and any possible competition just gets eaten up or assimilated by these Borgs.
We really need to up our game with the capital markets union, and like yesterday or asap.