EcoDataCenter, the Swedish operator, will design, build, and operate the new facility, located on a 20-hectare Borlänge campus with initial capacity of 250 MW and potential expansion to 600 MW.

The venture envisions a fully European AI stack with local data processing and storage in Europe, leveraging sustainable, high-density facilities and renewable energy.

Unlike consumer-focused chatbots, Mistral concentrates on enterprise applications and business clients, distinguishing itself from consumer AI players.

The project is framed as strengthening Europe’s technological sovereignty with a completely European AI stack and solution.

Mistral, a leading European AI firm, plans to invest about €1.2 billion to build data centres in Sweden, expanding its European AI footprint.

The Borlänge site will host cutting-edge compute, including NVIDIA Vera Rubin GPUs, to support demanding AI workloads.

The collaboration aims for a 2027 opening of the new facility, marking a milestone in Europe’s AI infrastructure race.

Mistral is expanding its compute footprint with large-scale clusters in France and partnerships with major cloud providers, underscoring aggressive growth in enterprise AI deployment.

This enterprise-focused strategy positions Mistral as a potential European AI champion amid competition from U.S. rivals.

Leadership is led by cofounder and CEO Arthur Mensch, a high-energy, media-friendly figure driving the company’s public profile.

Mistral’s valuation stood around €11.7 billion after a recent fundraising round, with revenue targets exceeding €1 billion this year but trailing some U.S. rivals in profitability.

The initiative aligns with policymakers’ push for technological sovereignty, emphasizing stability, security, and growth of Europe’s digital economy.