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Mistral Raises $830 Million in Debt to Build Its Own Data Center Near Paris with 13,800 Nvidia Chips: Europe Wants to Stop Renting Ai to the Us.
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Mistral AI, the French IA startup founded in 2023 by former Google DeepMind and Meta researchers, has closed its first debt financing: $830 million from a consortium of seven banks (BNP Paribas, Crédit Agricole CIB, HSBC, MUFG, Bpifrance, La Banque Postale and Natixis) to purchase 13,800 Nvidia GB300 chips and build a 44 megawatt data center in Bruyères-le-Châtel, south of Paris. The facility, operated by Eclairion, will be operational by the en…
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