Arthur Mensch
arthur-mensch-0a034b97·4 events·first seen 1mo agoAliases: Arthur Mensch
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Mistral AI Raises €1.7B Series C at €11.7B Valuation, Led by ASML
Mistral AI has closed a €1.7 billion Series C funding round at an €11.7 billion post-money valuation, led by semiconductor equipment giant ASML Holding NV. The round includes participation from existing investors DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, and NVIDIA. The partnership with ASML is framed around developing AI solutions for semiconductor and industrial engineering challenges. Mistral emphasizes continued independence and focus on custom, decentralized frontier AI for strategic industries.
Mistral AI Acquires Physics AI Startup Emmi AI to Expand Industrial AI Capabilities
Mistral AI has entered a definitive agreement to acquire Emmi AI, an Austria-based Physics AI company specializing in large engineering models, real-time simulations, and digital twins for industrial applications. The acquisition brings over 30 researchers and engineers to Mistral's Science and Applied AI teams. Mistral aims to build best-in-class AI agents for engineers in sectors like aerospace, automotive, and semiconductors by combining Emmi's physics modeling expertise with its own foundation models. The move is framed as advancing Mistral's 'Science roadmap' and positioning it as the leading AI transformation partner for industrial enterprises.
Mistral AI Acquires Physics AI Startup Emmi AI to Expand Industrial Engineering Capabilities
Mistral AI has entered a definitive agreement to acquire Emmi AI, an Austrian Physics AI startup specializing in large engineering models, real-time simulations, and digital twins for industrial applications. The acquisition brings over 30 researchers and engineers into Mistral's Science and Applied AI teams. Mistral aims to build AI agents for engineers in sectors like aerospace, automotive, and semiconductors, replacing multi-day computations with real-time physics simulations. The move advances Mistral's stated mission to become the leading AI transformation partner for industrial enterprises.
Mistral AI joins NVIDIA Nemotron Coalition as founding member, co-developing open frontier models
Mistral AI has announced a strategic partnership with NVIDIA as a founding member of the newly formed NVIDIA Nemotron Coalition, a multi-lab initiative to advance open-source frontier foundation models. The collaboration will combine Mistral's model architectures, multimodal capabilities, and fine-tuning expertise with NVIDIA's DGX Cloud compute and synthetic data pipelines. The coalition's first deliverable is a base model trained on DGX Cloud that will underpin the upcoming NVIDIA Nemotron 4 model family, to be open-sourced. Coinciding with the announcement, Mistral is also releasing Mistral Small 4.