The French AI startup plans to build a data center in Sweden to power Europe’s AI infrastructure and host next-generation models by 2027.
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France/Sweden: French artificial intelligence startup Mistral AI announced that they would invest 1.4 billion dollars (1.2 billion euros) At a new data center in SwedenThis will be the first infrastructure project outside France.
arthur menschMistral AI’s CEO and co-founder said the move was a “concrete step towards building an independent AI capability in Europe”. The investment is aimed at ensuring Mistral’s technology and cloud servers remain in Europe, unlike some U.S.-based competitors.
Swedish data center management company eco data center We design, construct, and operate new facilities. The center is expected to: open with 2027 It will also support Mistral’s next-generation AI models and provide massive computing power for the company’s growing business.
This strategic investment is part of Mistral AI’s broader investments. Initiatives to strengthen Europe’s AI infrastructure Reduce dependence on overseas cloud providers. With its servers located in Europe, Mistral aims to provide a secure and independent platform for AI development and operations.
The Swedish project will help European AI startups connect with local infrastructure. self-sufficiencywhile also positioning Mistral AI as a key player in the continent’s AI ecosystem.
Mensch added that the partnership with EcoDataCenter will ensure that the project will benefit from local expertise in building and managing advanced data centers, creating a solid foundation for European-focused AI innovation.
Source: Global Banking and Finance
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