Live data from Hacker News

Mistral raises €3B

mistral.ai

21–30 of 611 posts

Re: Mistral raises €3B

#21
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.

They've started hosting GLM-5.2, that should be very telling of their capabilities at the moment. Hopefully the investment will allow them to hire the right people to become competitive.

Re: Mistral raises €3B

#22

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.

That may be true, but there's a non zero chance that frontier AI becomes a controlled export, and that 'local' production becomes a prudent play.

Re: Mistral raises €3B

#24

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

Nah. They are not, everyone is losing money, and just staying alive from gov subsidies. A claude PRO license is 20 usd/month, and for it to be profitable it should be somewhere around 200-300/month.

The bubble is going to burst soon.

Re: Mistral raises €3B

#26
post #6

Earlier quoted context omitted.

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

If you follow the ideology of the Silicon Valley billionaire types, based around Ayn Rand (eg “Atlas Shrugged”) and Curtis Yarvin, as well as what Thiel himself has said over the years, the Antichrist is governmental institutions, seen as the inhibitors of progress. I am not joking btw.

Ok, so once again South Park sounds completely deranged when they let reality do the writing.

I miss when "reality is stranger than fiction" was a cool phrase because it didn't happen all the time.

Re: Mistral raises €3B

#28
post #6

Earlier quoted context omitted.

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

If you follow the ideology of the Silicon Valley billionaire types, based around Ayn Rand (eg “Atlas Shrugged”) and Curtis Yarvin, as well as what Thiel himself has said over the years, the Antichrist is governmental institutions, seen as the inhibitors of progress. I am not joking btw.

to be fair, there is no plausible explanation for Mistral's fall into irrelevance other than having to deal with regulatory burden. US and CN labs get to feed their models all the data in the world while Mistral has to comply with Let's-Smother-The-AI-Baby-In-The-Crib-To-Maybe-Prevent-It-From-Maybe-Becoming-A-Criminal Act that EU nepo babies had expedited as soon as AI became the current thing.

Mistral had open-weights SOTA when Chinese labs had no noteworthy LLMs at all, and now even its closed-weights offerings are behind half a hundred Chinese models -- most of them from labs with way less funding -- despite having had unhindered access to Nvidia hardware all this time.

Re: Mistral raises €3B

#30
post #15

Earlier quoted context omitted.

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

Better to buy GPUs and RAM with current rate
Post reply on HN