Mistral Secures $830 Million in Funding, Plans to Deploy NVIDIA Chips in Data Centers

Mistral AI, a rival to OpenAI, has secured $830 million in debt financing for a data center project in the suburbs of Paris, France. This funding will be used to purchase up to 13,800 NVIDIA chips for the facility located in Bruyères-le-Châtel. The startup plans to provide 200 megawatts (MW) of computing power capacity at sites across Europe by the end of 2027.

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