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WillNelson
WillNelson
September 9, 2025

French AI startup Mistral AI, developer of chatbot Le Chat, gains €11.7B valuation after a €1.3B investment from ASML in Sept 2025. The firm expands its open-source AI models and enterprise partnerships while competing with OpenAI. Le Chat surpassed 1M downloads post-mobile launch and now offers multilingual reasoning, image editing, and memory features.

French AI startup Mistral AI, developer of chatbot Le Chat, gains €11.7B valuation after a €1.3B investment from ASML in Sept 2025. The firm expands its open-source AI models and enterprise partnerships while competing with OpenAI. Le Chat surpassed 1M downloads post-mobile launch and now offers multilingual reasoning, image editing, and memory features.
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