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Mistral AI raised $830 million in debt to fund the construction of a data center in Bruyeres-le-Chatel, near Paris. The data center will use Nvidia chips and is expected to be operational by the second quarter of 2026. The company had previously announced a $1.4 billion investment for AI infrastructure in Sweden. Mistral AI aims to achieve 200 megawatts of European compute capacity by 2027, driven by the growing demand for dedicated AI environments from governments, enterprises, and research institutions.
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