Mistral secures $830M debt to back European AI data center

French AI startup Mistral has secured $830 million in debt financing from a seven-bank consortium to fund a Paris-area data center powered by Nvidia GPUs (13,800 GB300s, about 44 MW initial capacity), with plans to reach 200 MW of European compute capacity by 2027. The center is slated to be operational in Q2 and supports Mistral’s broader push to build AI infrastructure in Europe, including a 1.2‑billion-euro plan for data centers in Sweden.