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Microsoft Corporation (MSFT) investors have grown accustomed to watching Azure margins and artificial intelligence (AI) spending for clues about the direction its stock heads next, but this week the bigger signal came from Europe instead.
On Tuesday, July 21, Microsoft and French AI start-up Mistral AI announced a major expansion of their strategic partnership through a multi-billion-euro agreement. Under the deal, Microsoft will gain greater access to European GPU infrastructure, while Mistral will deepen the integration of its AI models across Microsoft's enterprise ecosystem.
