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Mistral raises €3B

mistral.ai

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Re: Mistral raises €3B

#231

Post by ulfw »

TheJCDenton wrote: post #135
davedx wrote: post #45

Mistral is an interesting AI company because they clearly have a contrarian business strategy to the other AI labs. They're also landing big customers in Europe for the right reasons. People dump on them because they're not benchmaxxxing which is pretty shortsighted - do you really want to be in a benchmark arms race with China, or do you want to make money and deploy sovereign AI compute in Europe?

When Apple is not racing for the frontier it's a strategy, but when it's Mistral it's a mistake. The two companies have read the market the same. It's always very dangerous for first movers and their investors, and the commodification of intelligence seems even more likely each time a chinese open model release. It's less exciting to do business that way, but if you're building to stand the test of time, it's wiser t…

AI company not keeping up with AI companies is by no definition the same as combinedhardwaresoftwareservicesentertainmentlifestyletechcompany not keeping up with AI companies

Re: Mistral raises €3B

#232

Post by ulfw »

himata4113 wrote: post #68
shevy-java wrote: post #63

Earlier quoted context omitted.

I fail to see how this is relevant with regards to areas. Whether AI is hosted by the USA, Europe or China - they all are awful and eliminating real jobs while also driving up RAM prices etc... Why should I want to support any of these?

Because it's increasingly obvious that this is the next step in our capabilities as humans competing with that of the discovery of bacteria and transistors.

LOL yea as if that was the reason for LLMs

Re: Mistral raises €3B

#233

Post by ulfw »

21asdffdsa12 wrote: post #93
shevy-java wrote: post #63

Earlier quoted context omitted.

I fail to see how this is relevant with regards to areas. Whether AI is hosted by the USA, Europe or China - they all are awful and eliminating real jobs while also driving up RAM prices etc... Why should I want to support any of these?

Because humanity stalled out- and coasted for the last 50 years and it shows. And now it must compete and git good or git gone. No more fat ponies paraded as race-horses.

Please speak English so that an LLM can understand you

Re: Mistral raises €3B

#234

Post by toyg »

philipallstar wrote: post #221
hkt wrote: post #217

Earlier quoted context omitted.

I am baffled by the responses to this, not seeing that a similar strategy can be applied in a different field.

They aren't following the same strategy. Apple does race for the frontier in their main field: beautiful, well-integrated hardware and software. Mistral does not race for the frontier in their main field: AI creation. They're grabbing bits and bobs from people that need (or feel they need) sovereign AI. It's like if you go into making phones for the military. You aren't going for the best phones; you're going for mak…

That's uncharitable. Defense companies do play the game (like anyone in the enterprise space), but they also do ship stuff that is uniquely set up to satisfy the use-case. I don't think an unmodified iPhone would do great in a warzone with no cell signal.

Re: Mistral raises €3B

#235

Post by nicce »

Lapel2742 wrote: post #156
blfr wrote: post #136

Earlier quoted context omitted.

It's not this week's change. Fable was the step change for programming. And most of truly useful and powerful capabilities arrived in the last eight months.

> Fable was the step change for programming. AFAIK: Mistral does not even try to compete in this field. There are other use cases for LLMs beside coding. As Mistral AI wrote: > During the first wave of generative AI, the central question was who could build the most powerful model. Organizations and governments are now asking a different one: how to harness the power of AI for their mission-critical needs without sur…

>> Fable was the step change for programming > AFAIK: Mistral does not even try to compete in this field.

They have released models speficially for programming that ”vibe coding” would be safer.

https://mistral.ai/news/leanstral/

Re: Mistral raises €3B

#236

Post by skeledrew »

shikck200 wrote: post #24
steinvakt2 wrote: post #10

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.

I think the Pro and other subs allow them to save big on ads (Claude Code use is required and it pushes their ads) and allow easy access to free data (CC occasionally solicits feedback and session sharing, which I'm pretty sure some users oblige). Also CC does massive prompt caching tailored to work in lockstep with their platform. With all that and who knows what else, I'd say it balances over time.

Re: Mistral raises €3B

#237

Post by qnpnpmqppnp »

selfawareMammal wrote: post #216
kraftman wrote: post #169

Earlier quoted context omitted.

There's more to life than money past a certain point, I'd rather live in the Alps on a lower salary.

You dont even live in the Alps with 90K lmao. And if you expect top performance, you should expect top salary. Or at least something competitive. 90K for a company like Mistral is a bit embarrassing.

€90k is in the top 5% salaries in France. Of course you can live in the Alps, or anywhere else in France for that matter.

Re: Mistral raises €3B

#238

Post by niltecedu »

TheJCDenton wrote: post #135
davedx wrote: post #45

Mistral is an interesting AI company because they clearly have a contrarian business strategy to the other AI labs. They're also landing big customers in Europe for the right reasons. People dump on them because they're not benchmaxxxing which is pretty shortsighted - do you really want to be in a benchmark arms race with China, or do you want to make money and deploy sovereign AI compute in Europe?

When Apple is not racing for the frontier it's a strategy, but when it's Mistral it's a mistake. The two companies have read the market the same. It's always very dangerous for first movers and their investors, and the commodification of intelligence seems even more likely each time a chinese open model release. It's less exciting to do business that way, but if you're building to stand the test of time, it's wiser t…

One is a AI company first, the other has tons of other services and they can just buy those outright.

Re: Mistral raises €3B

#240

Post by notahacker »

stanac wrote: post #145
dwedge wrote: post #121

Earlier quoted context omitted.

Sure but it's not the government calling for regulation, it's Mistral. At times they seem like a government mouthpiece to check the waters, which I could accept if their models were at least any good

Didn't both Amodei and Altman called for regulation of open-weight models? Not that long ago on xitter....

They've both been insisting that humanity's survival is contingent on regulation since the start and employ armies of lobbyists to try to shape the policies they want that hold significant sway in their own country. But of course Americans doing this is smart and entrepreneurial...
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