Mistral AI Acquires Paris Startup Koyeb in First Deal to Boost Cloud Infrastructure Ambitions
Summary
French AI unicorn Mistral AI makes its first acquisition by purchasing Paris-based cloud startup Koyeb, gaining 13 employees and serverless technology to optimize GPU usage and scale AI model deployment as part of its ambitious push to become a full-stack AI infrastructure provider.
Key Points
- Mistral AI acquires Paris-based startup Koyeb in its first acquisition to accelerate cloud infrastructure ambitions and position itself as a full-stack AI player
- Koyeb's 13 employees and serverless deployment technology will help Mistral optimize GPU usage, scale AI inference, and deploy models on clients' own hardware
- The deal supports Mistral's broader cloud strategy following a $1.4 billion data center investment in Sweden and achieving $400 million in annual recurring revenue