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Mistral raises €3B

mistral.ai

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Re: Mistral raises €3B

#391
post #351

Earlier quoted context omitted.

> You dont even live in the Alps with 90K lmao. this comment is insane...

To be fair, Switzerland is really expensive.

ok, but besides the fact 90k is absolutely fine for CH as well, and incredibly good for italy, france or austria.

Re: Mistral raises €3B

#392

Earlier quoted context omitted.

> 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.

What’s the point of having “sovereign” weights that are worse than publicly available ones? Wouldn’t Europe be better off just keeping up-to-date on the Chinese releases? In the event of some schism requiring sovereign capability, or even if the Chinese pulled ahead and stopped releasing the weights, why would Europe be better off because of Mistral? (Or any country’s inferior sovereign effort make them better off?)

I think I understand the incentives that cause this to exist (it would be politically worse to say we’re just going to use Chinese models) but they are misguided. If sovereigns want to have valuable models, they should insist on world class, relevant ones like the Chinese have. Instead they embrace mediocrity in the name of sovereignty.

Re: Mistral raises €3B

#393
post #351

Earlier quoted context omitted.

> You dont even live in the Alps with 90K lmao. this comment is insane...

To be fair, Switzerland is really expensive.

The alps are shared between Switzerland, Italy and France. You can live in the French alps a lot cheaper than in Switzerland

Re: Mistral raises €3B

#394
post #344

Earlier quoted context omitted.

Instead of trying to get into Mistral, why don't you make your own Mistral? Not easy as it sounds yes, but it is better than throwing your CV into the ATS void 1000 times (the wrong way to apply for a job btw) Mistral have no moat as it seems except some 'regulatory' moat.

I am sure plenty of people had the same thought.

Not many can execute, but people are welcome to try if you can get customers.

Better than throwing CVs everywhere with no response for years.

Re: Mistral raises €3B

#395
EU is in a precarious situation with Mistral. If you look at their investor sheet, it's primarily American and other foreign investors with some token amount coming from within the EU. It seems like this is positioning as an acquisition play, most likely by a foreign AI tech firm.

We can look at Heart Aerospace for an example of a European future-tech company that warned the EU repeatedly about the regulatory and capital market being uncompetitive, and then within 2 years just relocated entirely to the US.

My suspicion is that Mistral does not have enough money and enough access to GPU compute to be competitive long-term. And it will most likely end up as an acquisition.

Re: Mistral raises €3B

#396
post #223
post #206

It makes no sense to train frontier models from scratch anymore. The best frontier models are only a half year ahead of Chinese open models. In this regard Anthropic and OpenAI are also in a bad spot when they waste so much compute on training models. An important factor is that fine tuning existing open models is incredible cheap. You can easily change any cultural biases if you want a model to be 'sovereign'. And M…

It only makes sense to train a frontier model if you are trying a different architecture to one that is available from an existing frontier model. This is because the different model architecture will learn the weights differently. It may make sense to train a frontier model on an existing architecture if the base model is not available and the instruction trained version doesn't fit with what you want. There are tec…

On a higher level it might make sense to build the expertise that comes with base training. I dont know enough about the process to estimate these gains, but china has been doing it in manufacturing for decades. All the money in the world is useless when no one knows how to do the thing

Re: Mistral raises €3B

#397
post #181

Earlier quoted context omitted.

> cooling off [...] seller liability [...] Right to repair Let's not forget I am paying directly for those when I buy a product. Those benefits are not free, they cost money. The money has to come from somewhere. It can't come from profits (since those are the sacred reason the company exists in the first place) thus they will come from higher prices. Higher product prices mean less competitive companies. It also mea…

This!!! I went to California earlier this year. In our apartment we had a freezer that was clearly made before politicians thought to decide to put a cap on how good a freezer could be. It was fucking amazing at freezing stuff. No freezer I've ever used could freeze this good. It was probably from the 80's - old/sturdy AF. I wouldn't mind paying for some extra solar panels to feed it.

I’m not sure that’s a function of regulation but more a function of most modern freezers defaulting to -18°, where an American or industrial freezer is -22 to -28°C.

Getting a better energy efficiency score is one reason (and consumers are motivated on running cost, not just environmental) but presumably these are cheaper to manufacture as well.

I have an American style, EU-compliant freezer than I can set to -26° which I bought for preparing sashimi safely. It rocks! Highly recommend them.

Re: Mistral raises €3B

#398
So what happens when Mistral creates a collection of powerful AIs for different clients that have fundamentally different ethical frameworks from each other? Then those AI interact? Do they politely agree to disagree? Or do they goal seek against each other?

Re: Mistral raises €3B

#399
post #81

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 :-/ Does the US position come with 5 weeks paid vacation? When the US position gets hit with layoffs, do you still have comprehensive healthcare and unemployment coverage? Yes, EU software Eng salaries are a lot lower…

Usually the us position is unlimited pto and yes you have options if laid off
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