Paris-based Mistral is set to acquire Austrian startup Emmi AI, which develops foundational models to carry out simulations of complex engineering processes.
News
May 19, 2026
Mistral strikes second M&A deal in months with Austrian AI startup Emmi
The move comes as competitors increasingly ‘verticalise’ their offerings with models specialised for certain sectors
3 min read
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Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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