Mistral AI expands European footprint with acquisition of Koyeb
With fresh investment and new data-centre plans, Mistral AI expands its technical capabilities by acquiring Koyeb to support broader model and infrastructure development.
Mistral AI has strengthened its position in Europe’s AI sector through the acquisition of Koyeb. The deal forms part of its strategy to build end-to-end capacity for deploying advanced AI systems across European infrastructure.
The company has been expanding beyond model development into large-scale computing. It is currently building new data centre facilities, including a primary site in France and a €1.2 billion facility in Sweden, both aimed at supporting high-performance AI workloads.
The acquisition follows a period of rapid growth for Mistral AI, which reached a valuation of €11.7 billion after investment from ASML. French public support has also played a role in accelerating its commercial and research progress.
Mistral AI now positions itself as a potential European technology champion, seeking to combine model development, compute infrastructure and deployment tools into a fully integrated AI ecosystem.
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