Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Mistral raises €3B

mistral.ai

Post reply on HN
Print view View original

291–300 of 612 posts

Re: Mistral raises €3B

#291

Post by prolly97 »

pdhborges wrote: post #118
prolly97 wrote: post #99

Earlier quoted context omitted.

There's a big difference between governments regulating to benefit their own control and power, and regulating in favor of consumers. Most regulation in the EU have jack-all to do with consumers. There's a couple of niceties - having all prices displayed in comparable unites (EUR/kg, EUR/liter etc). But apart from that the regulation have broadly served as moats around the largest businesses.

Do you believe I can't get a list of 20 effective pro-consumer regulations drafted by the EU out of Gemini?

I don't think you're taking my "there's two sides to regulation" comment in good faith.

I gave a pretty clear example of pro-consumer regulation myself.

Saying that the EU is overregulating cannot possibly be that controversial, given that even the European politicians are beginning to admit it.. Draghi, Von der Leyen (even though she passes blame), Merz, Macron.

Re: Mistral raises €3B

#292

Post by clarionbell »

0xDEAFBEAD wrote: post #70
ludvigk wrote: post #16

Earlier quoted context omitted.

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.

OpenAI also indirectly depends on ASML, but sadly Europe seems too cowardly to leverage this dependency at the moment.

If EU were to "leverage" ASML, and that would require rather unlikely approval of Netherlands, it wouldn't end very well.

Already shipped machines can not be taken back, nor can they be stopped. Sure, you can cut the support, and buildup of new fabs will be stalled. But the other side, Chinese or USA, has many more levers to pull. Raw materials, energy (LNG), was majority of consumer goods, solar panels, batteries, semiconductors. EU doesn't mine or make most of them, and isn't nowhere close to even starting, instead, industrial base is already shrinking.

Even worse, ASML may dominate EUV, but other suppliers do very well in DUV. The moment ASML becomes unreliable, all of them will get infusion of money, as they become national security issue.

What about ASML subsidiaries in USA, like Cymer and ASML Wilton, will they take the bullet for the parent? Or will they become part of new competitor, with all the knowhow.

And China has already set domestic capacities in this area as a national priority.

Re: Mistral raises €3B

#293

Post by debugnik »

aurareturn wrote: post #177
mastermage wrote: post #140

Earlier quoted context omitted.

Revenue is not profit. https://isaiprofitable.com/

AI is profitable. Gross margins are high. The only reason OpenAI and Anthropic are making a loss is due to training new models to keep up with competition - not because the industry is flawed in terms of business model.

Keeping up with competition is part of trying to stay in the frontier. If they stop training the profit disappears in a few months.

Re: Mistral raises €3B

#294

Post by BoredomIsFun »

hallgrim wrote: post #6
0x20cowboy wrote: post #3

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.

> seen as the inhibitors of progress

I become the government institution, the inhibitor of progress.

What a load of delusion.

Re: Mistral raises €3B

#296

Post by gib444 »

easytiger wrote: post #253
bambax wrote: post #189

Earlier quoted context omitted.

> I’m sort of surprised that the EU isn’t stepping in to support them. It is! The second largest investor in this round is Scaleup Europe Fund: https://eic.ec.europa.eu/eic-fund/scaleup-europe-fund_en

Do you think that's a good thing?

Do you think it's not?

Re: Mistral raises €3B

#297

Post by eloisant »

Aeolos wrote: post #143
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

Did you miss the Anthropic and OpenAI blog posts screeching for regulation?

Yes, now that they are in place they want to put barriers for new entrants.

Re: Mistral raises €3B

#298

Post by prolly97 »

ricardobayes wrote: post #144
boonzeet wrote: post #112

Earlier quoted context omitted.

There are many EU directives which benefit consumers directly in tech, including, but not limited to: Consumer rights - 14 day cooling off period for online purchases Sale of goods - 2 year seller liability for defective goods Right to repair - likely doesn’t need explanation, require manufacturers to offer repairs and replacement parts Unfair commercial practices - prevent misleading or deceptive advertising Unfair…

I wouldn't even call it a communication problem - I believe it's more a media problem, than anything. Good news are minimized and bad news are amplified to the maximum - nowadays even broadsheet newspapers operate with tabloid headlines, and that is really bad. We somehow need to "want" a slower news cycle and simultaneously push back against the algorithmic outrage. The world is more predictable and safer than ever…

>Despite the average european objectively being better off and safer than a decade ago

I'm sure it's true, but do we have some statistics on that, and a comparison to places that doesn't have the same regulatory burden?

Re: Mistral raises €3B

#299

Post by Zambyte »

aurareturn wrote: post #50
throwa356262 wrote: post #33

Earlier quoted context omitted.

I don't know. The moat doesn't seem to exist. Probably safer to stay out of the race for now.

I’m still looking for no-moatists to logically explain why there is no moat in SOTA LLMS. That paper released by a lone Google employee 3 years ago still misguiding people it seems.

The vast majority of people simply don't need SOTA models. I run most of my programming on a single 7900 XTX with Qwen 3.8 27b. I'm more interested in scaling out to run more instances of the model in parallel, than I am in scaling up to better models.
Post reply on HN