1 of 1
Story summary
- Mistral, a French AI startup, secured $830 million in debt financing to build a data center near Paris powered by Nvidia chips.
- The funding came through a consortium of seven banks, enabling Mistral to build its own infrastructure instead of relying on American cloud providers.
- Founded in 2023, Mistral has raised over $3 billion in total equity and aims to compete with major US AI firms.
