Mistral's $830m Debt Raise for Europe Data Centres

Mistral ("Frontier AI. In your hands"), a French AI startup led by ex-DeepMind Arthur Mensch, which has a "Donkey Kong room" in its Paris office, and not to be confused with Mistral Group (UK bus and coach provider), has raised money from a consortium of banks to run a new data center powered by Nvidia chips. A non-exhaustive list of banks involved include HSBC Holdings, Mitsubishi UFJ Financial Group, BNP Paribas ("The bank for a changing world") and Credit Agricole CIB.