Mistral AI Acquires Cloud Startup Koyeb
French AI firm Mistral AI has agreed to acquire cloud computing startup Koyeb, strengthening its push to build a full-stack AI and cloud infrastructure business in Europe.
French AI firm Mistral AI has agreed to acquire cloud computing startup Koyeb, strengthening its push to build a full-stack AI and cloud infrastructure business in Europe.
French AI startup Mistral plans to invest €1.2 billion in Sweden to build AI data centers and digital infrastructure, reinforcing Europe’s AI capabilities and tech sovereignty.
Nebius has agreed to acquire agentic search provider Tavily, integrating real-time web search into its AI cloud platform as enterprise adoption of autonomous AI agents accelerates.
Amazon Web Services reported its strongest quarterly growth rate in more than three years, driven by enterprise cloud migration and rising AI workloads.
Andreessen Horowitz (a16z) raised over $15 billion across five new funds, including $1.7 billion for AI infrastructure and $6.75 billion for scaling startups, amid surging investor interest in tech.
OpenAI has acqui-hired the team behind Convogo, a leadership assessment platform, to support its AI cloud efforts. The startup’s technology will not be acquired and will be shut down.
Amazon appointed AWS veteran Peter DeSantis to head a new AI group managing Nova models, custom chips, and quantum computing as it deepens its AI strategy.
Google will invest €5.5 billion ($6.41 billion) in Germany to expand its cloud and data center capacity, building new facilities in Hesse as part of its European infrastructure strategy.
Nvidia and Deutsche Telekom agreed to a €1 billion partnership to build an AI factory in Munich, aiming to increase Germany’s AI computing power by 50% using Blackwell-based systems.
Deutsche Telekom and NVIDIA will launch a €1 billion AI cloud in Munich by early 2026, featuring 10,000 Blackwell GPUs and SAP software to power industrial and public sector applications.
Schneider Electric beat Q3 revenue estimates as demand for AI-powered data centers drives growth. U.S. expansion plans and supply chain strategies support the momentum.
Microsoft has committed $33 billion to neocloud partnerships, including a $19.4B deal with Nebius, to secure GPU capacity and avoid looming AI infrastructure bottlenecks.