Microsoft Strikes ‘Multi-billion Dollar’ Deal for Mistral’s AI Computing Power

Microsoft and Mistral said Tuesday they had signed a "multibillion dollar" deal for the US tech giant to use the French AI developer's computing infrastructure sited in Europe, AFP reported. The agreement would grant Microsoft access to "Europe-based GPU (graphics processing unit) infrastructure to increase capacity for AI development and to support the delivery of Microsoft's cloud and AI services," the companies said in a joint statement, without specifying the exact value of the deal or the amount of computing power involved.