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WSJ Tech News Briefing

TNB Tech Minute: Mistral AI Secures $830 Million in Debt For Nvidia-Powered Data Center

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 30 March 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: BYD posts first annual profit decline in four years amid EV sales slowdown in China. And Citi analysts say Taiwan Semiconductor Manufacturing Company could see stronger growth in the coming years. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

How are the U.S. businesses of Philip Morris International invested in America?

0:05.0

We're invested in advancing science, giving adults who smoke better options.

0:10.0

We're invested in American manufacturing, helping local economies thrive.

0:15.0

We're invested in community, supporting military veterans and their families,

0:19.0

disaster relief, and economic empowerment.

0:22.5

Because we're proud to be invested in America. See how at uspMI.com.

0:31.5

Here's your morning, TNB Tech Minute, for Monday, March 30th. I'm Danny Lewis for the Wall Street Journal.

0:39.0

Mistral AI has announced its raised $830 million from a consortium of banks to run a new data center powered by

0:44.0

Nvidia chips, its first debt financing operation. The French artificial intelligence startup has

0:49.3

selected a site near Paris for the new data center, which will use nearly 14,000 advanced

0:54.0

Nvidia chips to train AI models.

0:56.0

Data center operations are expected to start in the second quarter.

1:00.0

Mistral AI is seeking to expand its European infrastructure to meet growing demand for AI services.

1:05.0

The startup is aiming to secure 200 megawatts of capacity across the continent by the end of next year, and last month

1:11.8

said it would invest about $1.38 billion to deliver a new data center in Sweden that is

1:17.0

expected to enter service next year. Chinese electric vehicle maker BYD has posted its first

1:22.8

annual profit decline in four years. According to earnings released Friday, the company's annual net profit

1:28.7

fell 19%. The Chinese auto giant's market chair in China has shrunk amid fierce competition and

1:34.5

rapid new model introductions, and is experiencing a sales slowdown as domestic demand softens.

1:40.7

The carmaker has also faced pressure from Chinese authorities to halt a price war in the world's largest auto market,

1:46.0

which has eroded profitability across the crowded EV sector.

1:50.0

BYD hopes new technology will entice customers, such as a new EV battery released earlier this month that can be fully charged in nine minutes using its flash charging stations.

...

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