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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