PYMNTS.com July 8, 2025
Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of millions of euros in debt from French lenders.
The debt would help fund an artificial intelligence (AI) cloud service in France called Mistral Compute, Bloomberg reported Tuesday (July 8), citing unnamed sources.
The discussions are in their early stages and could change, according to the report.
Neither Mistral AI nor MGX immediately replied to PYMNTS’ request for comment.
According to the Bloomberg report, the potential equity financing would deepen ties between France and the United Arab Emirates (UAE) in the AI field, as Mistral AI is based in France and MGX is based in Abu...
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