France AI company Mistral invests $1.4 billion in data centres in Sweden

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France AI company Mistral invests $1.4 billion in data centres in Sweden

Illustration shows Mistral AI logo · Reuters

Reuters

Wed, February 11, 2026 at 9:17 PM GMT+9 1 min read

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PARIS, Feb 11 (Reuters) - French artificial intelligence startup Mistral AI said ‌on Wednesday it will invest ‌1.2 billion euros ($1.43 billion) in new data ​centres in Sweden.

“This investment is a concrete step toward building independent capabilities in Europe, dedicated to AI,” Arthur ‌Mensch, CEO ⁠and Co-Founder of Mistral AI, said in a statement.

Swedish data ⁠centre operator EcoDataCenter will design, build and run the new infrastructure, ​it said ​in a ​separate statement.

The new ‌large-scale computer capacity is scheduled to open in Sweden in 2027 and will support Mistral’s next generation AI models, EcoDataCenter said.

It will be Mistral’s ‌first infrastructure investment ​outside France.

The new computer ​infrastructure is ​part of an effort ‌by the company to ​keep its ​technology and all its cloud servers in Europe, unlike its main ​competitors ‌such as U.S.-based Open AI.

($1 = 0.8396 ​euros)

(Reporting by Inti Landauro, Editing ​by Louise Heavens)

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