Mistral raises €3B • Hacker News Board

Re: Mistral raises €3B

#11

Post by bayarearefugee » Tue, Sep 08, 2026, 6:14 AM UTC

0x20cowboy wrote: post #3

sznio wrote: post #2

> Existing investors a16z I don't trust anything the antichrist invests in

Is that who Thiel is talking about? I thought it was just a bible thing.

I think you're confused here.

a16z is Humpty Dumpty and Temu Lex Luthor.

The antichrist is Greta Thunberg.

Re: Mistral raises €3B

#12

Post by przeor » Tue, Sep 08, 2026, 6:15 AM UTC

Frieren wrote: post #4

sznio wrote: post #2

> Existing investors a16z I don't trust anything the antichrist invests in

This is why wealth should be less concentrated. A few people has their hands in all businesses and that will end badly. Taxation is not just about paying for the costs of the country, it is also about making sure that nobody has enough power to subjugate the will of the people. Monopolies, billionaires, the accumulation of such power is making the average citizen powerless. And you can feel it.

[flagged]

Re: Mistral raises €3B

#13

Post by keel-control » Tue, Sep 08, 2026, 6:15 AM UTC

I get worried when thinking about Mistral because they make mediocre models and I don't think they will be able to defeat their competition.

Re: Mistral raises €3B

#14

Post by danmaz74 » Tue, Sep 08, 2026, 6:16 AM UTC

steinvakt2 wrote: post #10

That’s great, but meanwhile American competitors are worth… trillions?

At this stage it's not about how much it's worth, but how much investment is required to reach their goals.

Re: Mistral raises €3B

#15

Post by hobofan » Tue, Sep 08, 2026, 6:17 AM UTC

steinvakt2 wrote: post #10

That’s great, but meanwhile American competitors are worth… trillions?

Are they, though? I would say, let's find out when the IPO settles, but then again the market also sustains a incredibly crazy valuation for Tesla.

Re: Mistral raises €3B

#16

Post by ludvigk » Tue, Sep 08, 2026, 6:20 AM UTC

keel-control wrote: post #13

I get worried when thinking about Mistral because they make mediocre models and I don't think they will be able to defeat their competition.

Same here. And I doubt 3B EUR will do anything (remember the >$100B investment round that OpenAI got?)

In the EU it seems we are very much at risk of being cut off from frontier AI if the US government should decide to do so.

Re: Mistral raises €3B

#17

Post by steinvakt2 » Tue, Sep 08, 2026, 6:20 AM UTC

hobofan wrote: post #15

steinvakt2 wrote: post #10

That’s great, but meanwhile American competitors are worth… trillions?

Are they, though? I would say, let's find out when the IPO settles, but then again the market also sustains a incredibly crazy valuation for Tesla.

If not, I’m buying stocks

Re: Mistral raises €3B

#18

Post by loehnsberg » Tue, Sep 08, 2026, 6:21 AM UTC

keel-control wrote: post #13

I get worried when thinking about Mistral because they make mediocre models and I don't think they will be able to defeat their competition.

Maybe true for frontier LLM, but there's plenty of space in the niches. For example, I think their TTS/STT models are pretty good, speaking from personal experience.

Re: Mistral raises €3B

#19

Post by v3ss0n » Tue, Sep 08, 2026, 6:22 AM UTC

No amount of $ would improve mistral if they cant fix fundamental flaws. They aren't even on par with chinese models a year ago.

Re: Mistral raises €3B

#20

Post by w4yai » Tue, Sep 08, 2026, 6:23 AM UTC

v3ss0n wrote: post #19

No amount of $ would improve mistral if they cant fix fundamental flaws. They aren't even on par with chinese models a year ago.

I actually believe the amount of $ is what was missing for them to improve their fundamental flaws. They're a very competent team, but were working with a tiny fraction of the budget of US/China teams.