How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions
“... a marvel of financial engineering: Meta Platforms is building a $27 billion data center in Louisiana, financed with debt, and neither the data center nor the debt will be on its own balance sheet...
Nvidia plans to build its first industrial AI cloud platform in Germany for European manufacturers, combining AI with robotics to assist carmakers like BMW
but warns Europe risks falling behind Mercury News : Nvidia CEO sees tenfold boost to Europe's AI computing power Mona Guichard / Tech Xplore : Nvidia marks Paris tech fair with Europe AI push Taipei ...
Mistral AI CEO Arthur Mensch says European companies and governments increasingly want non-US AI tools, and Mistral is on track to pass $100M in annual revenue
The AI developer says European customers are seeking independence from Silicon Valley, leading it to build a new Nvidia-powered facility near Paris
A profile of nine-month-old Mistral AI, which wants to be the “most capital-efficient company in the world of AI”, has raised $500M+, and is valued at $2B+
Led by 31-year-old CEO Arthur Mensch, Paris-based Mistral believes AI systems can be built more efficiently—and much more cheaply X: @carnage4life . LinkedIn: Sam Schechner and Philipp Schmid X: Dare ...
As regulators probe Microsoft's OpenAI alliance, Microsoft takes a minor stake in Mistral and plans to help bring the Paris-based startup's AI models to market
Tech giant unveils partnership with French AI start-up as regulators probe $13bn alliance with ChatGPT maker
Paris-based Mistral AI raised €385M from a16z, Lightspeed, and others, sources say at a ~$2B valuation, and releases its open-source La plateforme model
The company has publicly released its latest technology so people can build their own chatbots. Rivals like OpenAI and Google argue that approach can be dangerous.
French billionaire Xavier Niel plans to invest €200M in AI projects, including an Nvidia cloud supercomputer, a research lab in Paris, and an annual conference
and we can — create a European AI champion. It's a question of sovereignty...supercomputer powered by Nvidia”. European sovereignty, powered by Nvidia. 🤷🏼♂ ️ https://www.ft.com/... Hussein Kanji / @h...
Epic Games and Lego partner to “shape the future of the metaverse” by building a digital experience where children can play safely online, but offer few details
Welcome to another edition of Lab Weekly! Transistori : Epic Games ja Lego metaverse-yhteistyöhön Karandeep Oberoi / MobileSyrup : Epic Games and Lego join forces to develop a kid-friendly metaverse C...
French startup NukkAI says its NooK AI beat eight world champions at bridge at a two-day tournament in Paris, winning 67 out of 80 sets
Laura Spinney / The Guardian : Tweets: @olimpiuurcan Tweets: Olimpiu Di Luppi / @olimpiuurcan : “An artificial intelligence has beaten eight world champions at bridge, a game in which human supremacy...
Uber and French grocery chain Carrefour partner to launch rapid grocery deliveries from nine micro-fulfillment centers across Paris
Ivan Levingston / Bloomberg :