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Home > Finance > France's AI company Mistral buys cloud service startup Koyeb

France's AI company Mistral buys cloud service startup Koyeb

Published by Global Banking & Finance Review®

Posted on February 17, 2026

1 min read

Last updated: February 17, 2026

France's AI company Mistral buys cloud service startup Koyeb - Finance news and analysis from Global Banking & Finance Review

Tags:innovation technology investment

Quick Summary

Mistral AI acquires Koyeb to enhance its AI infrastructure, aiming to become a full-stack AI leader. The acquisition includes Koyeb's team and technology.

Mistral AI Expands Its Reach with Acquisition of Koyeb Cloud Startup

Mistral AI's Strategic Acquisition

PARIS, Feb 17 (Reuters) - French artificial intelligence company Mistral AI said on Tuesday it had agreed to buy cloud computing service startup Koyeb based near Paris for an undisclosed amount.

Details of the Acquisition

"With this first acquisition, Mistral AI takes a significant step forward in its mission to build a full-stack AI champion and advance cutting-edge AI infrastructure," Mistral said in a statement.

Impact on AI Infrastructure

Koyeb, which is registered in Paris commune Boulogne-Billancourt, provides cloud services without servers. Its 13 employees and three co-founders will join Mistral's team.

Future Investments and Plans

Mistral, which was valued at $11.7 billion in September after chipmaking equipment supplier ASML became a shareholder, is considered Europe's largest AI company.

Last week, the company announced a 1.2 billion euro ($1.42 billion) investment in new data centres in Sweden as part of an effort to keep its technology and cloud servers in Europe, unlike its main competitors such as U.S.-based Open AI.

($1 = 0.8455 euros)

(Reporting by Inti Landauro, Editing by Charlotte Van Campenhout)

Key Takeaways

•Mistral AI acquires Koyeb to enhance AI infrastructure.
•Koyeb provides serverless cloud services.
•Mistral AI valued at $11.7 billion as of September.
•1.2 billion euro investment in Swedish data centers.
•Mistral aims to keep technology within Europe.

Frequently Asked Questions about France's AI company Mistral buys cloud service startup Koyeb

1What is cloud computing?

Cloud computing is the delivery of computing services over the internet, allowing users to access and store data and applications remotely, rather than on local servers or personal computers.

2What is artificial intelligence?

Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think and learn, enabling them to perform tasks that typically require human intelligence.

3What is an investment?

An investment is an asset or item acquired with the goal of generating income or appreciation. Investments can include stocks, bonds, real estate, and other financial instruments.

Mistral AI's Strategic Acquisition

PARIS, Feb 17 (Reuters) - French artificial intelligence company Mistral AI said on Tuesday it had agreed to buy cloud computing service startup Koyeb based near Paris for an undisclosed amount.

Details of the Acquisition

"With this first acquisition, Mistral AI takes a significant step forward in its mission to build a full-stack AI champion and advance cutting-edge AI infrastructure," Mistral said in a statement.

Impact on AI Infrastructure

Koyeb, which is registered in Paris commune Boulogne-Billancourt, provides cloud services without servers. Its 13 employees and three co-founders will join Mistral's team.

Future Investments and Plans

Mistral, which was valued at $11.7 billion in September after chipmaking equipment supplier ASML became a shareholder, is considered Europe's largest AI company.

($1 = 0.8455 euros)

(Reporting by Inti Landauro, Editing by Charlotte Van Campenhout)

Frequently Asked Questions

1What is cloud computing?

Cloud computing is the delivery of computing services over the internet, allowing users to access and store data and applications remotely, rather than on local servers or personal computers.

2What is artificial intelligence?

3What is an investment?

An investment is an asset or item acquired with the goal of generating income or appreciation. Investments can include stocks, bonds, real estate, and other financial instruments.