PARIS, Feb 11 — French AI developer Mistral said Wednesday that it would build data centres in Sweden, its first outside France, as it races to compete with the sector’s...
Umno’s Jamal Yunos auctions slipper and towel for RM66,000 debt to Teresa Kok, suggests she start pig farm if outside Selangor Jinjang’ Selatan’s Restoran Dong Sheng Yong Tau Fu offers ‘yong tau foo’, braised spicy sour chicken feet and even a shaved ice dessertAI firm Mistral is expanding its European AI base outside France for the first time, targeting €1 billion revenue in 2026.
— Unsplash picand enjoy FREE RM10 & when you sign up using code VERSAMM10 with min. cash of RM100 today! T&Cs apply.PARIS, Feb 11 — French AI developer Mistral said Wednesday that it would build data centres in Sweden, its first outside France, as it races to compete with the sector’s biggest names. The €1.2 billion investment is “a major step toward Europe’s technological independence”, Mistral said, offering “a completely European AI solution”. One of Europe’s leading lights in artificial intelligence, Mistral has posted revenues far behind those of American competitors such as OpenAI and Anthropic, though profitability remains elusive for most of the sector. But Mistral’s European DNA may prove to be an advantage, with technological sovereignty increasingly on leaders’ minds. It has focussed in particular on business clients and applications, and not chatbots like ChatGPT or Claude that target everyday users. In September it raised €1.7 billion , bringing aboard Dutch chipmaking technology giant ASML as a key investor. The fundraising valued Mistral at €11.7 billion , and chief executive Arthur Mensch has said the company’s revenue should top €1 billion this year. — AFP
French AI Developer Mistral Data Centres Sweden European Technological Independence ASML Arthur Mensch
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Olympics-Alpine skiing-Franzoni puts Italy on top in men's combined after downhill, Swiss and French lurkThis subspecialist is responsible for patients during their most critical period when they need to be cared for in the ICU.
Read more »
Olympics-Curling-Italy to face US in semi-finals, Britain take on SwedenThis subspecialist is responsible for patients during their most critical period when they need to be cared for in the ICU.
Read more »
Olympics-Figure skating-New French duo Fournier Beaudry, Cizeron lead after short dance at Milano Cortina GamesFeb 9 (Reuters) - Google has been sued by Autodesk for allegedly infringing its 'Flow' trademark to market competing AI-enabled software used to make movies, TV shows and video games.
Read more »
‘Greenland moment’: Macron urges Europe to invest in strategic sectorsPARIS, Feb 10 — French President Emmanuel Macron has called on Europe to boost investment in strategic sectors or risk being “swept aside” in the face of competition from the...
Read more »
Swedish Princess Sofia Addresses Links to Jeffrey EpsteinPrincess Sofia of Sweden publicly acknowledges brief encounters with Jeffrey Epstein in her twenties, expressing relief at having no further contact with him after learning of his crimes.
Read more »
Olympics-Ice hockey-Sweden stay perfect to send Japan out of women's tournamentNEW DELHI, Feb 10 (Reuters) - India's government said social media companies would have to take down unlawful content within three hours of being notified about it, tightening on Tuesday an earlier 36-hour timeline in what could be a compliance challenge for Meta, YouTube and X.
Read more »