Mistral AI, the French generative AI company, has secured $830 million in debt financing to build its first dedicated data center near Paris, announced plans to explore custom chip designs, and unveiled an enterprise AI platform called Vibe.
The data center, located in Bruyères-le-Châtel, will house 13,800 Nvidia GB300 GPUs and deliver 44 megawatts of compute capacity. Operations are expected to begin in the second quarter of 2026.
The infrastructure play
Mistral’s $830 million debt raise, funded by a consortium of banks, is aimed at constructing its own facility, stocked with Nvidia’s latest GB300 chips, to serve enterprise clients directly. The company has set a target of 200 megawatts of total AI compute capacity spread across European sites by the end of 2027.
This isn’t Mistral’s first infrastructure bet on the continent. The company has previously invested in a $1.4 billion-equivalent venture in Sweden.
