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Chronicles

The story behind the story

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Mistral says it will spend €1.2B to build AI infrastructure in Sweden with partner EcoDataCenter, set to open in 2027 as its first data center outside France

French startup Mistral AI is investing €1.2 billion ($1.4 billion) to build AI infrastructure in Sweden …

Bloomberg Yazhou Sun

Discussion

  • @christianmiele Christian Miele on x
    Proud on our portfolio company @MistralAI and the exceptional @arthurmensch for driving change in Europe 💪🏻🔥
  • @paulbz Paul Murphy on x
    Mistral's revenue numbers are impressive and growing insanely fast but the bit that's most exciting as an investor is the durability of this revenue. Mistral selects who they work with carefully to ensure they actually achieve AI transformation. [image]
  • @paulbz Paul Murphy on x
    Mistral has one of the best science teams in the world The untold story: insane eng + infra team led by co-founder Timothée Lacroix, shipping frontier models at eye-watering efficiency Now investing >€1bn to take this directly to customers [image]
  • @nxt4eu Nxt Eu on x
    Arthur Mensch, Mistral AI CEO: “In the US, it is a big market. Their strength is they can scale quickly. We need to think of Europe as a unified market, with enterprises buying European technology, with states buying European technologies.” [image]