The deal, set to be announced on Monday, marks Mistral's first debt raising and underscores growing investor confidence in European AI firms as they seek to challenge the dominance of US tech giants like Microsoft, Google and Amazon in cloud computing and A…
Europe's leading AI provider Mistral has raised $830 million in new debt to buy 13,800 Nvidia chips for a major data centre near Paris, the firm told Reuters, as Europe races to scale AI infrastructu… [+1274 chars]
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