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Mistral's $830 Million Move Reveals AI Reality [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Mistral AI is making a big infrastructure bet, raising $830 million in debt to buy 13,800 Nvidia ( NASDAQ:NVDA ) chips for a new data center near Paris. The funding comes from a group of 7 banks, including BNP Paribas, HSBC, and MUFG, and will go toward a facility in Bruyeres-le-Chatel expected to go live in Q2 2026. The sheer size of the chip order says a lot about where the AI race is headed. It's no longer just about building better models, it's about securing the hardware to run them. Warning! GuruFocus has detected 4 Warning Signs with TM. Is ASML fairly valued? Test your thesis with our free DCF calculator. And this is just part of a bigger plan. Mistral is aiming to secure 200 megawatts of AI capacity across Europe by 2027, alongside a second data center in Sweden. The company already has backing from Microsoft ( NASDAQ:MSFT ), while ASML ( NASDAQ:ASML ) took an 11% stake through a 1.3 billion investment last year, one of Europe's largest AI deals. The strategy is pr
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