🇫🇷 France: AI money in and out
France sent $1.4B and received $88.4B in AI deals since Nov 2024. Main players: Mistral, Campus IA, AMI Labs, Azur, France. Full deal list. Updated Nov 9, 2026.
Companies
Mistral
Campus IA
AMI Labs
Azur
France
Data4Flows with other countries
- 🇦🇪 United Arab Emirates → 🇫🇷 France$52B
- 🇨🇦 Canada → 🇫🇷 France$20.6B
- 🇬🇧 United Kingdom → 🇫🇷 France$10.3B
- 🇰🇷 South Korea → 🇫🇷 France$3.5B
- 🇳🇱 Netherlands → 🇫🇷 France$2B
- 🇫🇷 France → 🇸🇪 Sweden$1.4B
Deals involving France
€3 billion Series D (about $3.5 billion) at over €21 billion post-money (about $24 billion). Led by Samsung, co-led by Scaleup Europe Fund (EQT) and PSG; a16z, Nvidia, Salesforce Ventures, Advent and BlackRock participate.
Yann LeCun's Paris-based world-model startup AMI Labs raised $1.03B led by Cathay Innovation, Greycroft, Hiro, HV Capital and Bezos Expeditions, with Nvidia, Samsung, Toyota and Temasek.
Nvidia is among the strategic backers of AMI Labs' $1.03B seed round.
Mistral signed a €1.2B deal with EcoDataCenter for an AI data centre in Borlänge, Sweden, with Nvidia Vera Rubin GPUs from 2027 - its first infrastructure outside France.
Nebius will build a 240 MW AI data centre in Béthune near Lille, with partner Azur bearing construction costs; half the site expected online by end-2026.
Nvidia takes part in the ASML-led round valuing Mistral at about $14 billion.
Mistral raises EUR1.7 billion at EUR11.7 billion post-money; ASML leads with EUR1.3 billion. DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and Nvidia participate.
At VivaTech Mistral and Nvidia launched Mistral Compute, a European AI cloud with 18,000 Grace Blackwell systems in phase one (Essonne) and multi-site expansion planned for 2026.
At Choose France, MGX, Bpifrance, Mistral AI and Nvidia formed a JV to build Europe's largest AI campus (1.4 GW) near Paris, with construction from H2 2026.
MGX, Bpifrance, Mistral AI and Nvidia launch a JV for Europe's largest AI campus, 1.4 GW near Paris.
Fluidstack signed an MOU with the French government for a nuclear-powered 1 GW AI supercomputer: a €10B first phase hosting up to ~500,000 chips, from 2026.
At the Paris AI Action Summit Brookfield pledged €20B for French AI infrastructure by 2030: up to €15B for its Data4 data centres (including a reported 1 GW Cambrai campus) and €5B for energy and networks.
France and the UAE announced a 1 GW AI campus funded via MGX with €30-50B; in May it became a joint venture with Bpifrance, Mistral and Nvidia.