Mistral AI raises $830M to build NVIDIA-powered data centers in Europe

#Mistral has secured $830M in debt to acquire 13,800 #Nvidia chips for an AI data center near Paris, as Europe pushes to boost its #AI competitiveness. The debt was arranged by a seven-bank consortium, including BNP Paribas, Crédit Agricole CIB, HSBC, and MUFG. The company expects its data center in Bruyères-le-Châtel to go live in Q2 2026.

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