European AI & Quantum: Gigafactories, Mistral’s Big Moves, and Paris Q-Day

AI

EUROPEAN AI GIGAFACTORIES: AION ON THE STARTING BLOCKS

AION is a consortium which includes, among others SCALEWAY (ILIAD group cloud provider), Orange, Quandela (a Quantum computing gem), EDF, ARDIAN, BULL, SCHNEIDER LECTRIC … AION will be a candidate to the coming EU RFP on Gigafactories.

MISTRAL AI MULTIPLY CONTRACTS, PARTNERSHIPS AND NEW OFFERS

The contract between MISTRAL AI and BNP Paribas has been renewed for another 3 years. 

At the same time, the company has signed an agreement with the Japanese NTT Data to set up an excellence Center to develop new services for European users.

In parallel, MISTRAL’s offering evolves, with the unification of the entire product range under the name Mistral Vibe, split into two offerings targeting distinct audiences. Vibe for Code is aimed at developers, while Vibe for Work targets knowledge workers, with agents capable of executing scheduled tasks in the background, querying databases, searching emails or a CRM, or summarizing the day or the coming week.

A second axis focuses on industrial engineering, with the launch of Mistral for Industrial Engineering. The goal is to combine LLMs capable of reasoning with specialized models that understand the physics of the real world. The technical component comes from the acquisition of the Austrian company Emmi AI, completed in May, specialized in transforming physical simulators into AI models (see former issues of this Newsletter)

QUANTUM COMPUTING

IQM, the Finnish manufacturer , has recently evoked new contracts and performance successful tests. A contract with Poznan University of Technology , A recognition as 

their work on high-fidelity superconducting qubits has been peer reviewed and published in PRX Quantum. Says IQM : “The publication reports above 99.9% Fidelity Single-Qubit Gates, Two-Qubit Gates, and Readout in a Single Superconducting Quantum Device, highlighting the performance level achievable with IQM’s technology, fabrication capabilities, and hardware design approach.”

Not to forget the announcement of a future IPO, based on a theoretical valuation amounting to 1,8 billion €.

QUANTUM SUMMIT IN PARIS

The Q-Day Summit™ will take place in Paris on June 9, 2026, as the first executive summit dedicated exclusively to cryptographic transition and securing critical infrastructures against quantum disruption.

As the “Harvest Now, Decrypt Later” (HNDL) threat looms over sensitive data, the Q-Day Summit™ brings together decision-makers and experts to turn a systemic risk into strategic agility.

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