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Mistral AI Raises EUR 1.7bn, Strengthens European Language AI Push

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  French AI startup Mistral AI  has once again made headlines by securing a massive $2 billion in Series C funding , pushing its valuation to $13.8 billion . Announced on September 9, 2025, the investment round highlights the company’s growing role as a leading force in Europe’s artificial intelligence ecosystem. The round was led by ASML Holding NV , the Dutch semiconductor equipment maker, with a significant contribution of $1.5 billion . Existing investors—including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, and NVIDIA —also participated, reaffirming their confidence in Mistral’s vision and strategy. ASML  added  that partnering with Mistral “will allow both companies to innovate faster together.” Founded in 2023 by former Meta and Google researchers, Mistral has quickly positioned itself as one of Europe’s most prominent AI startups. The company  stressed  that the new funding “reaffirms the company’s inde...
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Google Says There’s a Better Way to Create High-Quality Training Data for AI Translation In an October 14, 2024  paper , Google researchers highlighted the potential of AI translations refined by humans or human translations refined by  large language models  (LLMs) as alternatives to traditional human-only references. Talking to Slator, Zhongtao Liu, a Software Engineer at Google, explained that their study addresses a growing challenge in the translation industry: scaling the collection of high-quality data needed for fine-tuning and testing  machine translation  (MT) systems.  With translation demand expanding across multiple languages, domains, and use cases, traditional methods that rely solely on human translators have become increasingly expensive, time-consuming, and hard to scale. To address this challenge, the researchers explored more efficient approaches to collect high-quality translation data. They compared 11 different approaches — including ...