AI needs big bucks, and Mistral is Europe’s Anthropic.
Europe needs profitable AI companies, not money pits.
A lot of European companies now want a model the US can't cut off, but also lack trust in Chinese models.
Some of these will self host Mistral but most will pay them by the token. It's not going to be a huge market or a huge margin within that market but probably it'll be enough.
AI is a strategic technology with obvious national security implications. EU should invest in its development whether it's currently profitable or not.
How did Claude and OpenAI make the USA safer?
> Europe will never have a Tesla, a Google or an Amazon with that mindset.
Great companies, if you have a fetish for peeing into a bottle.I'm not actually sure Tesla is a great company from any perspective so should be easy to find another sick burn for them.
Google is going to be a little more difficult. Maybe say something nasty about advertising? Or go for the monopoly angle.
…oh…wait…
Mistral would have gotten a tiny and measly "EU grant" and ASML would never have invested later had it not been for the US VCs.