“The Les Ulis site (Essonne), a new 10 MW facility dedicated to inference operations, is scheduled to open in the third quarter of 2026.”
Co-founder and CEO, Mistral AI
The site, hosted in Digital Realty's Paris South campus with Nvidia GB300 GPUs, was described in August 2026 reporting as coming online in Q3 2026; the quarter has not yet closed.
“We should exceed one billion in revenue by the end of the year [2026] — up from about €300 million of annual recurring revenue reported in September 2025.”
Co-founder and CEO, Mistral AI
Mistral reiterated the ~€1 billion 2026 revenue target at its AI Now Summit in May 2026; full-year figures are not yet available.
“Mistral will reach 200 megawatts of compute capacity across Europe by the end of 2027, building on its 40+ MW Bruyères-le-Châtel site near Paris and its site in Borlänge, Sweden.”
Co-founder and CEO, Mistral AI
In August 2026 Mistral said multi-year enterprise compute commitments (ASML, CMA CGM, Amadeus) would underwrite the build-out; capacity in place so far is roughly 44 MW near Paris, 23 MW in Sweden and 10 MW at Les Ulis.
“Mistral will build compute infrastructure in Europe with a capacity of one gigawatt — equivalent to the output of a nuclear power plant — by 2030.”
Co-founder and CEO, Mistral AI
Mensch repeated the 1 GW-by-2030 goal after Mistral's July 2026 Microsoft Azure deal and in the August 2026 Mistral Compute expansion; a 1.4 GW campus in France with Nvidia and MGX is planned before 2030.