EuropeanStartups News & Analysis

Mistral Secures $830M Financing for AI Data Center with 44 MW Capacity

French AI startup Mistral has secured $830 million in debt financing to build a data center equipped with 13,800 Nvidia GB300 GPUs, providing a total capacity of 44 MW. The data center, selected in 2025, aims to support Mistral's AI model training and inference services and is expected to be operational in Q2 2026. Mistral has raised a total of $2.9 billion since its founding in 2023, significantly less than U.S. competitors like OpenAI, which has raised $180 billion. The company plans to expand to 200 MW of capacity across Europe by the end of 2027.