Mistral Secures €3 Billion Funding Backed by Samsung and ASML to Accelerate Open AI Plans

Mistral secured a €3 billion financing round focused on open‑source AI development, a sum that places the French startup among the most heavily funded AI ventures in Europe and signals a major push to build large language models outside the United States.

Samsung is identified as a principal backer, bringing its semiconductor manufacturing capabilities and global market channels to help Mistral scale the compute power needed for training next‑generation models.

ASML also participates in the consortium, offering its advanced lithography equipment that could accelerate the production of custom chips essential for the high‑performance computing infrastructure Mistral plans to deploy.

Investors anticipate the capital will enable Mistral to expand model size, launch commercial AI services across Europe, and deepen partnerships with hardware makers, positioning the company as a central player in the continent’s emerging AI ecosystem.