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Mistral AI Secures $830 Million in Debt for Nvidia-Powered Data Center in France

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French lab Mistral AI has announced securing $830 million in debt to fund the construction of a new data center near Paris, which will be powered by Nvidia chips.

  • The plan was first revealed last year by Mistral’s CEO, Arthur Mensch, who expressed interest in exploring financing options in February 2025.
  • The data center is expected to be completed and operational by Q2 2026 in Bruyères-le-Châtel.
  • Mistral has already committed $1.4 billion to build AI infrastructure in Sweden and aims to deploy 200 megawatts of compute capacity across Europe by 2027.
  • The investment is part of the company's strategy to support AI innovation and autonomy within Europe.
  • Mistral has raised over €2.8 billion ($3.1 billion) in total funding from notable investors such as General Catalyst, ASML, a16z, Lightspeed, and DST Global.