Europe probes Microsoft's €15M stake in AI upstart Mistral
theregister.com
Europe probes Microsoft's €15M stake in AI upstart Mistral
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Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#2Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft.
But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#3Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
Personally, growing a startup enough to catch the eye of EU regulators is a problem that I’d like to have.
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#4Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
It's tough, it's also part of the reason so little is done here, just compare the size of market capitalization of say DAX40 (German top 40) or CAC40 (French top 40):
DAX40 $1.9T
CAC40 $2.8T
There are single companies in US that exceed both of these values.
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#5Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
I imagine there has to be some kind of security implication here, the same reason why the US is restricting the export of AI chipsets to china. It's not ideal if US megacorps are heavily investing in or buying out EU AI startups.
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#6Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
Personally, growing a startup enough to catch the eye of EU regulators is a problem that I’d like to have.
Doing all the work and taking all the stress only to have the EU remove a chance of growth and exit is a problem that I never want to have. I went through some failed startups, and at least that was our own fault, but still I never want to do that again. I don't know what I'd do in this situation.
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#7Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
I imagine there has to be some kind of security implication here, the same reason why the US is restricting the export of AI chipsets to china. It's not ideal if US megacorps are heavily investing in or buying out EU AI startups.
EU has to tech scene, so it doesn't want a potentially successful project to be transferred to US.
What is the most biggest EU software company? SAP?
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#8Earlier quoted context omitted.
Personally, growing a startup enough to catch the eye of EU regulators is a problem that I’d like to have.
Doing all the work and taking all the stress only to have the EU remove a chance of growth and exit is a problem that I never want to have. I went through some failed startups, and at least that was our own fault, but still I never want to do that again. I don't know what I'd do in this situation.
Why is "exit" always the goal? Why not go on growing?
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#9Earlier quoted context omitted.
I imagine there has to be some kind of security implication here, the same reason why the US is restricting the export of AI chipsets to china. It's not ideal if US megacorps are heavily investing in or buying out EU AI startups.
EU has to tech scene, so it doesn't want a potentially successful project to be transferred to US. What is the most biggest EU software company? SAP?
That China has a more vibrant tech scene than Europe is a real shame.
Re: Europe probes Microsoft's €15M stake in AI upstart Mistral
#10Earlier quoted context omitted.
I imagine there has to be some kind of security implication here, the same reason why the US is restricting the export of AI chipsets to china. It's not ideal if US megacorps are heavily investing in or buying out EU AI startups.
EU has to tech scene, so it doesn't want a potentially successful project to be transferred to US. What is the most biggest EU software company? SAP?
Tech is like film. Big unicorns with big exits are like the blockbuster tent pole superhero films that net hundreds of millions of dollars. You don’t have those the whole industry collapses. No art flicks or risky experiments with new ideas without Guardians of the Galaxy.
It’s not just investment capital which usually grows out of exits but also the whole ecosystem of services and consultants and experts and law firms specializing in the sector. All of it.
The EU doesn’t have enough routes to exit due to both regulation and a way more conservative business climate. As a result you don’t get a big tech ecosystem and most exits result in the whole thing being pulled into the US orbit.