Published by Global Banking & Finance Review®
Posted on February 11, 2026
1 min readLast updated: February 11, 2026
Add as preferred source on GoogleMistral AI is investing $1.4 billion in Swedish data centres, partnering with EcoDataCenter to enhance AI infrastructure in Europe by 2027.
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)
Artificial intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn. It encompasses various technologies, including machine learning and natural language processing.
Data centres are facilities used to house computer systems and associated components, such as telecommunications and storage systems. They are crucial for managing and storing large amounts of data.
A partnership in business is a formal arrangement where two or more parties agree to manage and operate a business together, sharing profits, losses, and responsibilities.
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