Latest news with #MistralCompute
Mint
2 days ago
- Business
- Mint
Nvidia teams up with Perplexity and Mistral AI: How will it impact Europe's AI infrastructure push?
Nvidia has announced new collaborations with AI firms Perplexity and Mistral AI as part of a broad initiative to strengthen artificial intelligence infrastructure and language model development across Europe. The announcement was made during an AI conference in Paris, where the US-based chipmaker outlined its strategy to support regional AI growth with both hardware and software solutions. In partnership with search firm Perplexity, Nvidia will work with over a dozen AI companies in Europe and the Middle East to refine their technologies and help distribute them to local businesses. This effort will involve the development of reasoning models—AI systems capable of handling more complex tasks—in various European languages, where training data is often limited. Mistral AI, a French startup, is joining forces with Nvidia to launch a new service called Mistral Compute, which will run on 18,000 of Nvidia's Grace Blackwell chips. The service will be based in the company's data centre in Essonne, France, with plans to expand across the continent. The aim is to facilitate domestic AI computing capabilities and reduce dependence on overseas infrastructure. Jensen Huang, Nvidia's chief executive, said that Europe urgently needs to scale up its AI infrastructure if it wants to stay competitive globally. The firm is supporting this push by partnering with cloud and telecom providers and enabling small-scale access to its AI accelerators—specialised chips used to train and deploy AI models. Kari Briski, Nvidia's vice president for generative AI software, said the company is producing synthetic data in low-resource European languages to help train more robust local models. "We're doing a lot of synthetic data generation and translating our reasoning datasets so they can be used in training," she said. Nvidia's collaboration includes firms in France, Germany, Italy, Poland, Spain and Sweden. Perplexity will support the deployment and accessibility of these models, ensuring they can be used by local enterprises for tasks such as content research and data analysis. The company's CEO, Aravind Srinivas, noted that Germany is already its second-largest market by revenue, underscoring the growing demand for regionally tailored AI services. As part of the broader rollout, Nvidia also confirmed that its AI Lepton service, which connects developers to essential compute infrastructure, will now include participation from AWS and Mistral. The company added that 'AI factories'—large-scale data centres for training and operating AI models—are being developed in over 20 European locations, several of which will be 'gigafactories' housing more than 100,000 chips. In the UK, companies such as Nebius Group and Nscale Global Holdings are also set to deploy thousands of Nvidia's AI semiconductors, while other countries, including Italy and Armenia, are preparing to upgrade their hardware systems. Despite Europe having over 1.5 million AI developers and nearly 10,000 businesses involved in Nvidia's Inception startup programme, the continent still lags behind the US in terms of infrastructure investment. Nvidia said it plans to triple the region's AI hardware capacity next year and increase total computing power tenfold. (With inputs from Bloomberg and Reuters)
Yahoo
2 days ago
- Business
- Yahoo
Nvidia Teams Up With Startup Mistral as Part of European AI Push
(Bloomberg) -- Nvidia Corp. announced a raft of projects aimed at bolstering artificial-intelligence infrastructure across Europe, including an expanded partnership with French startup Mistral AI. Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NY Long Island Rail Service Resumes After Grand Central Fire NYC Mayoral Candidates All Agree on Building More Housing. But Where? Senator Calls for Closing Troubled ICE Detention Facility in New Mexico California Pitches Emergency Loans for LA, Local Transit Systems Chief Executive Officer Jensen Huang made the announcements during a joint Nvidia-VivaTech event in Paris, part of a globe-trotting campaign to promote the adoption of AI and his company's products. A data center buildout is needed in Europe to help countries there catch up in deploying the technology, he said. The chipmaker is trying to expand the market for AI accelerators — the processors used to develop and run artificial intelligence models. Nvidia is pushing for countries to deploy technology on a national level and trying to make it easier for individual companies to get the benefits from AI. In France, Nvidia will team up with Mistral to use local AI computing to run the startup's services. An offering called Mistral Compute will tap 18,000 new Grace Blackwell chips from Nvidia. It will be developed in Mistral's data center in Essonne, France, and the company plans to roll it out to other locations in Europe. In the UK, AI firms Nebius Group and Nscale Global Holdings Ltd. will use 'thousands' of such semiconductors for their own platforms. Other countries, including Italy and Armenia, also are installing new hardware, Nvidia said. In Europe, Nvidia is working with 1.5 million developers and 9,600 businesses, as well as 7,000 startups in what the company calls its inception program. 'The only thing that's missing is infrastructure,' Dion Harris, Nvidia's director of data center and high-performance computing, said in a briefing ahead of the presentations. Nvidia is working with cloud and telecommunications companies across Europe, he said. Europe has lagged behind the US in developing the infrastructure for AI and hasn't matched the spending promised in other regions. Huang said at an event in London on Monday with UK Prime Minister Keir Starmer that a lack of infrastructure was holding back growth in a country that otherwise had the expertise and startups to be a global competitor in AI. Huang said at the GTC-VivaTech event that more than 20 so-called AI factories are being planned and built across Europe in the next two years, with 'several' of them being 'gigafactories.' The larger facilities will be home to over 100,000 chips. It calculates that AI hardware capacity in Europe will grow by three times next year. 'We will increase the amount of AI computing capacity in Europe by a factor of 10,' he said. Santa Clara, California-based Nvidia has transformed its fortunes over the last three years and now gets almost as much revenue per quarter as Intel Corp., its longtime nemesis, gets in a year. Much of that money come from AI accelerator chips, which are used by a cadre of giant companies to develop AI software and services. That group, which includes Microsoft Corp. and Meta Platforms Inc., provides about half of Nvidia's total sales. The chipmaker is looking to reach a wider market by promoting the use of smaller-scale systems by companies and countries. Adding to a previous announcement, Nvidia said Inc.'s AWS, Mistral and others are joining the chipmaker's Lepton service, which helps connect AI developers with the computing hardware they need. Nvidia said that European countries need help to get AI models deployed that are based on local languages and data. It's providing software and services that will accelerate those efforts. Separately, Nvidia said that vehicles using its chips and software are starting to appear on the road — the result of years of work. Mercedes-Benz Group AG's CLA models and forthcoming vehicles from Volvo and Jaguar will rely on its Drive platform. --With assistance from Rachel Metz. New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software American Mid: Hampton Inn's Good-Enough Formula for World Domination Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling ©2025 Bloomberg L.P.
Yahoo
2 days ago
- Business
- Yahoo
Nvidia Teams Up With Startup Mistral as Part of European AI Push
(Bloomberg) -- Nvidia Corp. announced a raft of projects aimed at bolstering artificial-intelligence infrastructure across Europe, including an expanded partnership with French startup Mistral AI. Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NY Long Island Rail Service Resumes After Grand Central Fire NYC Mayoral Candidates All Agree on Building More Housing. But Where? Senator Calls for Closing Troubled ICE Detention Facility in New Mexico California Pitches Emergency Loans for LA, Local Transit Systems Chief Executive Officer Jensen Huang made the announcements during a joint Nvidia-VivaTech event in Paris, part of a globe-trotting campaign to promote the adoption of AI and his company's products. A data center buildout is needed in Europe to help countries there catch up in deploying the technology, he said. The chipmaker is trying to expand the market for AI accelerators — the processors used to develop and run artificial intelligence models. Nvidia is pushing for countries to deploy technology on a national level and trying to make it easier for individual companies to get the benefits from AI. In France, Nvidia will team up with Mistral to use local AI computing to run the startup's services. An offering called Mistral Compute will tap 18,000 new Grace Blackwell chips from Nvidia. It will be developed in Mistral's data center in Essonne, France, and the company plans to roll it out to other locations in Europe. In the UK, AI firms Nebius Group and Nscale Global Holdings Ltd. will use 'thousands' of such semiconductors for their own platforms. Other countries, including Italy and Armenia, also are installing new hardware, Nvidia said. In Europe, Nvidia is working with 1.5 million developers and 9,600 businesses, as well as 7,000 startups in what the company calls its inception program. 'The only thing that's missing is infrastructure,' Dion Harris, Nvidia's director of data center and high-performance computing, said in a briefing ahead of the presentations. Nvidia is working with cloud and telecommunications companies across Europe, he said. Europe has lagged behind the US in developing the infrastructure for AI and hasn't matched the spending promised in other regions. Huang said at an event in London on Monday with UK Prime Minister Keir Starmer that a lack of infrastructure was holding back growth in a country that otherwise had the expertise and startups to be a global competitor in AI. Huang said at the GTC-VivaTech event that more than 20 so-called AI factories are being planned and built across Europe in the next two years, with 'several' of them being 'gigafactories.' The larger facilities will be home to over 100,000 chips. It calculates that AI hardware capacity in Europe will grow by three times next year. 'We will increase the amount of AI computing capacity in Europe by a factor of 10,' he said. Santa Clara, California-based Nvidia has transformed its fortunes over the last three years and now gets almost as much revenue per quarter as Intel Corp., its longtime nemesis, gets in a year. Much of that money come from AI accelerator chips, which are used by a cadre of giant companies to develop AI software and services. That group, which includes Microsoft Corp. and Meta Platforms Inc., provides about half of Nvidia's total sales. The chipmaker is looking to reach a wider market by promoting the use of smaller-scale systems by companies and countries. Adding to a previous announcement, Nvidia said Inc.'s AWS, Mistral and others are joining the chipmaker's Lepton service, which helps connect AI developers with the computing hardware they need. Nvidia said that European countries need help to get AI models deployed that are based on local languages and data. It's providing software and services that will accelerate those efforts. Separately, Nvidia said that vehicles using its chips and software are starting to appear on the road — the result of years of work. Mercedes-Benz Group AG's CLA models and forthcoming vehicles from Volvo and Jaguar will rely on its Drive platform. --With assistance from Rachel Metz. New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software American Mid: Hampton Inn's Good-Enough Formula for World Domination Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
