Overview
- Mistral said Monday it closed its first debt financing of $830 million to fund a new data center in Bruyères-le-Châtel that is slated to go live in the second quarter of 2026.
- The funding came from a seven-bank consortium that included Bpifrance, BNP Paribas, Crédit Agricole CIB, HSBC, La Banque Postale, MUFG, and Natixis CIB.
- The capital will buy 13,800 Nvidia GB300 chips for a 44‑megawatt site designed to train AI models and run them in production.
- The build is part of a broader plan to secure 200 megawatts of compute across Europe by the end of 2027, alongside a separate investment program in Sweden.
- CEO Arthur Mensch said the expansion aims to keep AI innovation and autonomy in Europe and to serve governments and enterprises that want locally hosted options, including clients such as the French armed forces.