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Mistral AI buys Austrian physics AI startup in industrial push

May 19, 2026
Source: economictimes.indiatimes.com economictimes.indiatimes.com
News Snapshot:
Europe's leading artificial intelligence firm, France's Mistral AI, said on Tuesday it has acquired Linz-based Emmi AI for an undisclosed sum, aiming to enhance its offering for industrial clients across Europe.Emmi AI, which raised 15 million euros in Austria's ?largest funding round ?in ?2025, specialises in models capable of handling complex physics such as airflow, heat transfer and material ?stress.Industrial AI is playing a growing role in Europe's re-industrialisation. The European Commission last October named manufacturing among the AI-critical sectors, as part of a push to cut the bloc's reliance on U.S. and Chinese technologies.Mistral told Reuters the deal ?strengthens...
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