MGX, Bpifrance, Mistral, Nvidia Create JV for French AI Campus

French state-owned investment firm Bpifrance, UAE fund MGX, Mistral AI and Nvidia create JV to build AI campus in Paris region, according to emailed statement.

• Campus targets 1.4 GW capacity and is expected to start up by 2028
• Partners include Bouygues, EDF, Ecole Polytechnique, RTE and Sipartech
• NOTE: UAE Plans to Invest Up to €50 Billion In French Data Centers
• NOTE: Macron Touts €109 Billion of Investments in Bid to Become AI Hub

To contact the reporter on this story:
Jenny Che in Paris at jche21@bloomberg.net

To contact the editors responsible for this story:
Katharina Rosskopf at krosskopf@bloomberg.net

James Regan ...