Mistral has raised $830 million in new debt (from 7 banks) to buy 13,800 Nvidia Grace Blackwell GPUs for its AI data centre that is expected to be ready by the end of 2026.
Will there be a follow-up on this story in a few months? Who will the clients be? (Destined-to-fail AI startups?) What's the plan for when the Rubin GPUs launch and this centre is out-of-date?