French AI Startup Mistral Invests $1.4 Billion in Swedish Data Centers

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The new data centers are scheduled to open in 2027 and will support Mistral’s next-generation AI models.

This expansion follows the company’s September 2025 funding round, which raised €1.7 billion and brought Dutch semiconductor equipment buildr ASML on board as a key investor with an €1.3 billion investment for an 11% stake.

Mistral framed the investment as a shift toward European technological indepfinishence. The company described it as “a major step toward Europe’s technological indepfinishence” and “a completely European AI solution”.

The French startup, founded in April 2023 by former Meta and Google researchers, has positioned itself as Europe’s primary challenger to U.S. AI giants like OpenAI and Anthropic, focapplying on enterprise clients rather than consumer chatbots.



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