Mistral AI acquired Vienna-based startup Emmi AI to expand its industrial AI offerings across Europe. Emmi AI, which raised 15 million euros in Austria's largest funding round in 2025, specializes in AI models that simulate physical processes such as airflow, heat transfer, and material stress. Mistral AI builds custom AI systems for clients like ASML, Stellantis, and Veolia. The purchase price was not disclosed.
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