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Mistral AI Secures €1.2 Billion for European Data Centers

2/13/2026

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Story summary
  • Mistral AI, co-founded by Arthur Mensch, announced a 1.2 billion euro investment to build data centers.
  • The plan marks Mistral's first foreign infrastructure project to boost Europe’s AI and reduce reliance on U.S. companies.
  • EcoDataCenter will open an AI data center in Borlänge, Sweden, next year.
  • French President Emmanuel Macron has supported the move.
  • Mistral raised 1.7 billion euros and aims to exceed $1 billion in annual recurring revenue by 2026.