Mistral AI Secures $830 Million for New Data Center

2 sources·2 updates

Mistral AI has raised $830 million in debt to establish a new data center in Bruyeres-le-Chatel, near Paris. The facility, which is expected to be completed by Q2 2026, will utilize 13,800 NVIDIA Grace Blackwell GB300 GPUs and aims to expand to 200 megawatts of computing capacity across Europe by 2027.

Key Points

The loan is backed by a consortium of banks including BNP Paribas and HSBC.

The new data center will initially provide 44 megawatts of output capacity to meet rising AI demand.

Timeline

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Mistral AI Secures $830 Million for New Data Center | Trace