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title: Nvidia plans $2B in European AI deals in the next week
description: Jensen Huang announced Nvidia will reveal $2B in new European AI investments within a week, part of $8B poured into the continent over the past year and $40B+...
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og:description: Jensen Huang announced Nvidia will reveal $2B in new European AI investments within a week, part of $8B poured into the continent over the past year and $40B+...
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# Nvidia plans $2B in European AI deals in the next week

**[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments

## Summary

Jensen Huang announced Nvidia will reveal $2B in new European AI investments within a week, part of $8B poured into the continent over the past year and $40B+ committed to AI equity globally this year. He named four French startups receiving funding (Doctolib, Genesis AI, Pigment, Entalpic) and pitched open-source models as a cheaper path for European AI sovereignty, echoing a similar pitch from Alibaba's chairman days earlier. Critics note both suppliers sell the hardware that open weights still require, keeping the chip bill with Nvidia regardless. Context includes Nvidia's $5.7T valuation, its $99B equity stake in chip-buying customers, and a possible $10B anchor investment in Anthropic's IPO.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/nvidia-huang-europe-2-billion>

## Questions this post answers

### How much has Nvidia invested in European AI companies recently?

Nvidia plans to announce $2 billion in new European AI deals within a week of an October 2026 Paris event, adding to $8 billion invested in Europe over the prior year. Four French startups named for funding are Doctolib, Genesis AI, Pigment, and Entalpic. Globally, Nvidia committed more than $40 billion to AI equity in just the first four months of the year.

_Investors tracking where AI infrastructure money flows can follow Nvidia's deal-making pace on daily.dev._

### How many GPUs did Mistral use to train Large 4?

Mistral trained its Large 4 model, a 1-trillion-parameter open-weight system, on 4,000 Nvidia Grace Blackwell GPUs located in European data centers. The weights are scheduled for publication on October 27. This makes Mistral a key test case for whether Europe can build competitive open models using domestically hosted but Nvidia-supplied hardware.

_Developers evaluating open-weight models versus proprietary ones can track releases like this on daily.dev._

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---

Tags: [#open-source](https://daily.dev/tags/open-source), [#nvidia](https://daily.dev/tags/nvidia), [#anthropic](https://daily.dev/tags/anthropic), [#mistral-ai](https://daily.dev/tags/mistral-ai)

[View this post on daily.dev](https://daily.dev/posts/nvidia-plans-2b-in-european-ai-deals-in-the-next-week-eby9ddc2x)

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