‘Europe needs AI cloud infrastructure’: Mistral raises $830M for data centre near Paris
‘Europe needs AI cloud infrastructure’: Mistral raises $830M for data centre near Paris
Publish Date: 2026-03-30 11:02:00
Source Domain: www.euronews.com
- Mistral, a French AI company, secured $830 million to construct a new data centre near Bruyères-le-Châtel, south of Paris.
- The data centre will be powered by over 13,000 NVIDIA chips to train Mistral’s AI model, offering a compute power of 44 megawatts (MW), approximately 1.5 times more than conventional data centres.
- The funding was provided by seven banks to support Mistral’s vision of providing ambitious AI cloud infrastructure in Europe.
- Mistral aims to scale up to 200 megawatts of compute capacity across Europe by next year.
- In addition, the company recently announced a $1.4 billion investment in Sweden to expand AI infrastructure.
- Mistral plans to build what is expected to be the largest artificial intelligence campus in Europe, with a capacity of up to 1.4 gigawatts in France before 2030, in partnership with NVIDIA and an investment fund from the United Arab Emirates.
