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Radio France Internationale
Radio France Internationale
National
RFI

Mistral to borrow €750m for Paris data centre as Europe ramps up AI capacity

Mistralis stepping up spending on the costly computing power and infrastructure required to build competitive AI systems. © LIONEL BONAVENTURE / AFP

France's Mistral AI is stepping up investment in the computing power and infrastructure required for the company build on its success, in a drive to roll-out data centres on European soil.

Europe’s leading artificial intelligence company Mistral AI has secured over €750 million ($830 million) in loans to fund a major expansion of its computing power, underlining Europe’s growing ambition to compete with the US and China in the global AI race.

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