Mistral Raises $830 Million to House Nvidia Chips in Data Center

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Mistral AI, a French startup trying to build a European alternative to OpenAI, has secured its first debt financingBloomberg Terminal of $830 million for a data center project outside of Paris, becoming the latest technology company tapping credit markets for an unprecedented buildout of artificial intelligence infrastructure.The financing will be used for as many as 13,800 chips from Nvidia Corp. for the facility in Bruyères-le-Châtel, Mistral said in a statement on Monday.