Startup

CORRECTING and REPLACING Starcloud Raises $170M Series A at $1.1bn Valuation Led by Benchmark and EQT Ventures

Europe / France1 views1 min
CORRECTING and REPLACING Starcloud Raises $170M Series A at $1.1bn Valuation Led by Benchmark and EQT Ventures

Paris-based AI startup Mistral has raised $830M in its debut debt financing to build Nvidia-powered data centers across Europe. The funding follows rising demand for alternatives to US groups and will be used to spend a total of €4B.

Mistral, a French AI startup, has secured $830M in debt financing. The funds will be used to build Nvidia-powered data centers across Europe. Mistral plans to spend a total of €4B. The company's debut debt financing follows rising demand for alternatives to US groups. This investment will help Mistral expand its operations in Europe. The data centers will be powered by Nvidia technology.

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