Mistral plans major investment in first data center in France

French AI startup Mistral announced plans to invest several billion euros in its first data center in France. This facility will enhance its control over data storage and processing power. The announcement was made ahead of a global AI summit in Paris, where leaders from government and tech industries are gathering. Mistral aims to manage the entire value chain from hardware to software. France is promoting itself as a prime location for data centers, highlighting its low-carbon electricity from nuclear power. Other countries, like the UAE and Canada, are also investing heavily in AI infrastructure.