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Feb 11, 2026 8:01 AM

Europe's OpenAI Rival Mistral Bets $1.4 Billion On Swedish AI Infrastructure Buildout

French AI startup Mistral AI on Wednesday unveiled a €1.2 billion ($1.43 billion) investment with Swedish company EcoDataCenter to bolster Sweden’s digital infrastructure.

Mistral’s First AI Facility Outside France

The companies revealed a strategic, long-term alliance to establish an AI-centric data center at EcoDataCenter’s Borlänge site in Sweden. The partnership includes AI-specialized data centers, advanced compute capacity, and localized AI capabilities.

EcoDataCenter will handle the design, construction, and operation of Sweden's AI infrastructure, using renewable energy, advanced cooling, and its expertise in high-density data centers. The center will feature Nvidia Corp‘s (NASDAQ:NVDA) latest Vera Rubin GPUs, bringing state-of-the-art AI computing to Sweden.

This marks Mistral AI’s inaugural AI infrastructure investment outside of France. Set to begin operations in 2027, the facility will support the ...