311–320 of 615 posts
Mistral is not that bad as the comments here suggest. I am not using it as a frontier model but with simple RAG tasks and its doing great. Also OCR is pretty decent. It's a positive development that Europe is at least trying. Alternative would be: do nothing.
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US software companies (Google, Meta, MS, etc) have offices in Paris and they pay way more than that. Especially if you take into account total comp (Mistral is private so any stocks you get are "locked" until IPO or sell out) Yes 90k is more than most French software companies pay, but the salary needs to be competitive with those US companies.
When I was in Germany a few years ago, I was browsing jobs available in France and most software development jobs were under $55K USD. I don't know how you're supposed to survive on that. You can probably make more money as a waiter. Germany is not so great either in that sense though at least in crypto sector, the pay was reasonable... Though as a job it was total BS. UK was pretty good at some point (though all the…
Then we got a PM, who's father in law is the founder of Infosys, who changed the law to favour the likes of Infosys (by making it too risky for smaller players to hire contractors). Scandalous corruption
Contracting was going to be my plan for buying a better house and early retirement, but that's gone now. Thanks Rishi
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…
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> When Apple is not racing for the frontier it's a strategy, but when it's Mistral it's a mistake. I think what Mistral is doing is smart within their financial constraints, but this comparison is misleading. Mistral is an LLM company; Apple is a consumer hardware and services company. It's smart for Apple not to join the LLM arms race, because they can just pick the cheapest supplier and let other companies take the…
Mistral is a Sovereign LLM Company, it's their main product and has been from nearly the start. They don't actually need to offer the best models, they need credibility on the tech front and the security/strategic front, and institutional clients will keep coming.
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There is nothing exciting about mistral but they're the only european ai lab i've even heard off (jeppa doesn't count)
there was "H" at paris at the time, they raised 200M or so, but never got so much visibility. don't know at which stage they are now or if they accomplished something
From what I've seen in the past few months, Mistral is the unique European lab still trying to compete (I wouldn't count Poolside as EU).
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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.
That's not even true in the concrete case we're talking about here. As part of the AI Act, an important decision on a person (such as a hiring decision) cannot be made without human involvement. You think that's not in favor of "consumers"? (also note the implicitly submissive framing of humans as receptacles for consumption instead of subjects with rights!)
Reject applicant 1 and accept applicant 2. Ez.
I'd prefer to work at a place that uses it's ressources on things that provide value. If we're able to conserve ressources by automating hiring, I'm all for it. I don't want to take a pay-cut to hire meat-proxies.
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> 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?
Last I saw job offers for mistral (engineering, Paris) it advertised 90k euros base salary. Not sure how they’re intending to compete with the US when even a top AI lab can’t afford to be competitive :-/
Last I saw job offers for mistral (engineering, Paris) it advertised 90k euros base salary. Not sure how they’re intending to compete with the US when even a top AI lab can’t afford to be competitive :-/
It probably means they don't, they just do their own thing how they see fit.