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Microsoft, Mistral AI Seal Multibillion-Dollar European Compute Deal

7/23/2026

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Story summary
  • Microsoft Corp. and Mistral AI signed a multibillion-dollar pact to expand AI compute in Europe.
  • Mistral will add thousands of NVIDIA Vera Rubin GPUs to reach 1 GW capacity by 2030.
  • Mistral Medium 3.5 and OCR 4 models are now in Microsoft Foundry, Copilot Studio and Azure, where users can run them in public cloud, Azure Local or offline.
  • Brad Smith said the deal meets Microsoft’s 2025 European Digital Commitments for data sovereignty.
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