No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home FINTECH

TotalEnergies partners with Mistral to develop AI models for oil and gas exploitation

dcdby dcd
September 16, 2026
Reading Time: 5 mins read
in FINTECH, FRANCE
Share on FacebookShare on Twitter

French oil and gas major TotalEnergies has partnered with French AI firm Mistral to develop a new generation of frontier AI models to support TotalEnergies’ geosciences experts in exploring, characterizing, and developing oil and gas reservoirs.



Total Energies 228 x 114

The partnership will be for an initial three years and represent an investment of more than €100 million ($115.3m). According to the partners, the collaboration will seek to develop new frontier models that can integrate, process, and interpret large volumes of data to generate multiple scenarios for developing exploration opportunities, in addition to optimizing and extending existing projects.

As part of the tie-up, the companies will also establish a joint scientific laboratory that combines TotalEnergies’ subsurface expertise with Mistral’s scientific and technological capabilities.

“Exploration and reservoir engineering are among the areas where artificial intelligence can create the greatest value for our activities. By combining a century of geoscience data, the expertise of our teams and Mistral’s capabilities, we aim to develop a new generation of tools capable of supporting our experts in analyzing the most complex data and in their decision-making. This partnership also illustrates our commitment to contributing to the development of a high-performing European digital ecosystem, supporting our competitiveness,” said Patrick Pouyanné, chairman and CEO of TotalEnergies.

“We are delighted to take our collaboration with TotalEnergies to the next level. This project demonstrates the ability of our models to support complex industrial processes and adapt to the most demanding scientific and energy challenges. It also highlights the strength of Europe’s industrial ecosystem and the importance for large enterprises of adopting state-of-the-art, customizable AI solutions that protect and respect their intellectual property,” said Arthur Mensch, co-founder and CEO of Mistral.

Mistral AI was established and launched in April 2023. In September, the firm raised €3 billion ($3.48bn) in a Series D funding round, giving it a post-money valuation of €21bn ($24.4bn).

The company in July signed a multi-billion-dollar deal with Microsoft for compute across Europe, featuring Nvidia Vera Rubin GPUs.

It also leases space at a data center in Bruyères-le-Châtel, south of Paris, which is owned and run by French data center firm Eclairion. In March, the company raised $830m in debt financing to fund the purchase of 13,800 Nvidia GB300 GPUs for the facility.

In May, it announced plans to deploy at Digital Realty’s Paris South facility. Mistral is additionally planning a €1.2bn ($1.42bn) data center at EcoDataCenter’s Borlänge site.

More in Europe

  • Kirby front page

    Case Study: How Kirby equipped their engineering teams across Europe with advanced, specialist expertise

  • SFR

    08 Jun 2026

    Bouygues, Orange, Free secure €20.35bn agreement to acquire SFR





  • 800 VDC - A systems-level approach to scaling data center power

    Episode


    800 VDC – A systems-level approach to scaling data center power

More in AI & Analytics

  • Avtron eBook Cover

    Power testing in the age of AI

  • armada galleon

    01 Apr 2026

    Microsoft and Armada bring Azure Local to Galleon modular data centers

  • FBI

    19 Aug 2026

    FBI puts out call for AI hardware procurement contracts

Read the orginal article: https://www.datacenterdynamics.com/en/news/totalenergies-partners-with-mistral-to-develop-ai-models-for-oil-and-gas-exploitation/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

FINTECH

Quorum Cyber Announces Intent to Acquire Ontinue, Building an Unrivaled Microsoft-First Agentic SOC for the Autonomous Threat Era

September 16, 2026
FRANCE

Sopra Steria and Dynatrace launch a dedicated observability and AIOps practice for Europe

September 15, 2026
BENELUX

Immersion Cooling Market worth $5.78 billion by 2033 – Exclusive Report by MarketsandMarkets™

September 15, 2026

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsors

Premium

The energy transition is now an asset class for private markets

The energy transition is now an asset class for private markets

June 25, 2026
The AI halves the time for creating value – FTI Consulting Private Equity Value Creation Index 2026

The AI halves the time for creating value – FTI Consulting Private Equity Value Creation Index 2026

June 10, 2026
Italy’s distressed assets and NPEs weekly round-up. News from PWC, The Italian Government, The EU NPL Secondary Market Directive, and more

Global infrastructures investments will amount to 6.900 billion US Dollars per year by 2050 and data centers will catalize 3000 billion in 5 years, JLL and PwC say

April 30, 2026
Italy’s venture capital, nearly €2 bn in funding in 2025 (net of Bending Spoon’s venture debt). BeBeez Report

Italy’s venture capital, nearly €2 bn in funding in 2025 (net of Bending Spoon’s venture debt). BeBeez Report

February 3, 2026
Next Post

Debitos launches AI-assisted Recovery & Asset Assessment Reports for Premium Investors

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart