Mistral raises $830mn to build Nvidia-powered AI centres in Europe
French company’s debut debt financing follows rising demand for alternatives to US groups
French company’s debut debt financing follows rising demand for alternatives to US groups

French start-up is riding a growing wave of demand from European businesses for alternatives to US tech

French AI start-up seeks additional firepower to compete with deep-pocketed US and Chinese rivals

Release of French start-up’s latest system comes amid growing concern that Europe is falling behind US and China

Dutch chip equipment maker backs French artificial intelligence champion as US-China tensions rock tech industry

A revenue-based charge would protect the livelihoods of copyright holders and bring legal certainty

ASML deal connects two impressive tech companies but the capital available is a fraction of that in the US