French AI lab Mistral AI has obtained $830 million in debt financing to construct a new data center near Paris that will run on Nvidia chips. The facility, slated for Bruyeres-le-Chatel, is expected to be operational in the second quarter of 2026. Mistral also announced a $1.4 billion investment in Sweden and aims to deliver 200 megawatts of compute capacity across Europe by 2027, underscoring its push to scale AI infrastructure and reduce reliance on third‑party cloud providers. Read more →