French lab Mistral AI has raised $830 million in debt to build a new data center near Paris that will be powered by Nvidia chips, according to reports from Reuters and CNBC.
Mistral first announced plans to build a data center last year, when its CEO Arthur Mensch said it would explore different financing options in February 2025. It plans to complete building the data center in Bruyeres-le-Chatel and make it operational in the second quarter of 2026, Reuters reported on Monday.
Originally reported by TechCrunch
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