Close Menu
    Facebook X (Twitter) Instagram
    KSA News TodayKSA News Today
    Facebook X (Twitter) Instagram
    • KSA
    • Business
    • Technology
    • Sports
    • Lifestyle
    KSA News TodayKSA News Today
    • KSA
    • Business
    • Technology
    • Sports
    • Lifestyle
    Technology

    Mistral AI makes acquisitions as part of an industrial push

    Editorial TeamBy Editorial TeamMay 21, 2026
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mistral AI, a French company, recently entered into a deal to acquire Austrian start-up Emmi AI. This move is part of a larger strategy to expand Mistral’s offering to industrial customers in Europe.

    Founded in 2024, Emmi AI develops models to improve operations across various sectors including aviation, energy, semiconductors and automotive, using its engineering capabilities to adapt and train AI based on data provided by customers.

    It raised €15 million in an Austrian funding round in 2025, pumping cash into models dealing with complex areas such as airflow and heat transfer, Reuters reported.

    In a statement announcing the sale to Mistral, chief scientist Johannes Brandstetter said the tie-up will “change the scale of what we can attempt”.

    “Mistral brings a world-class science team, a fast-growing applied science organisation, the compute we need and enterprise customers who want engineering transformations”.

    He indicated the possibilities now open to it were unthinkable one or two years ago. “The signals are unambiguous. The time to turn computer-aided design, computer-aided engineering, workflow automation and digital twins upside down is now”.

    For Mistral, the deal complements a push by the European Commission around industrial AI and manufacturing, which was cited in October 2025 by the organisation as a critical AI sector.

    In its statement, Mistral said as part of its mission to build leading AI systems that accelerate engineering and manufacturing globally, “we’re extending our models’ capabilities to understand and model physics; and are enabling AI agents to use existing engineering tools”.

    It added Emmi AI’s 35 person team will join Mistral from this month onwards.

    Value of the deal was not disclosed.

    Source: Mobile World Live

    Image Credit: Mistral AI


    Source: Tahawul Tech

    Previous ArticleCMA fines former Saudi German Health officials SR18 million over financial statement manipulation
    Next Article Saudi CMA refers 17 Cenomi Retail suspects to Public Prosecution over alleged market violations

    Related Posts

    Data and AI set to drive next phase of GCC government transformation: Artefact official

    June 27, 2026

    Nokia collaborates with AWS on autonomous networks

    June 26, 2026

    Amazon to invest $13 billion in India

    June 26, 2026
    Latest Posts

    Shoura Council speaker chairs coordination meetings of Arab and Gulf parliament speakers in Cairo

    GCC-Stat: GCC Countries Strengthen Efforts to Combat Desertification, Restore Rangelands in Support of Food Security, Environmental Sustainability

    Saudi Arabia condemns Iran’s attacks on Kuwait, Bahrain, Strait of Hormuz

    Record June heat grips Europe as deaths rise and major events are canceled

    Latest News

    Data and AI set to drive next phase of GCC government transformation: Artefact official

    June 27, 2026

    Nokia collaborates with AWS on autonomous networks

    June 26, 2026

    Amazon to invest $13 billion in India

    June 26, 2026
    Facebook X (Twitter) Instagram Pinterest
    • KSA
    • Business
    • Technology
    • Sports
    • Lifestyle
    2026. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.