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Mistral raises €3B

mistral.ai

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Re: Mistral raises €3B

#511

Post by sofixa »

phenomen wrote: post #499
simonask wrote: post #439

Earlier quoted context omitted.

> In the event of some schism … In the views of most Europeans, that schism already happened. Europe was perfectly happy to rely on US software and services for decades. None of the large US tech companies would be nearly as profitable if they hadn’t had a whole continent of wealthy customers, and no competition. I don’t think Americans are realizing yet how much has changed for us the past two years.

That's your fantasy. Reality is https://news.ycombinator.com/item?id=49607443

It's a slow shift, but it's coming. For instance, Airbus already picked a French AWS replacement (Scaleway). It won't be all, it won't be tomorrow, but "what happens if we get tariffed / they invade Greenland" is already part of everyone's disaster planning.

Re: Mistral raises €3B

#512

Post by WhereIsTheTruth »

PunchyHamster wrote: post #388
WhereIsTheTruth wrote: post #308

Earlier quoted context omitted.

One is american, the other is european It's the same with gaming When Microsoft is killing physical in 2023 to push for Gamepass and digital only, it's labeled as "progress and infrastructure planning", when it's Sony that does it, it's labeled as "greed and anti consumerism" Hopefully more people get attentive to how the industry & the media works, and how US Big Tech manages to kill any form of alternative

> When Microsoft is killing physical in 2023 to push for Gamepass and digital only, it's labeled as "progress and infrastructure planning", when it's Sony that does it, it's labeled as "greed and anti consumerism" Microsoft got massive pushback when they did it, Sony even made ad making fun of it. Selective memory much ?

You are conflating two separate events:

-2013 DRM/always online drama (reversed pre launch)

-2023 shutdown of its physical release division, which is what triggered shift to digital only titles we are seeing now

Different year, different mechanism, different reception and different press coverage

Re: Mistral raises €3B

#513

Post by dpark »

phenomen wrote: post #499
simonask wrote: post #439

Earlier quoted context omitted.

> In the event of some schism … In the views of most Europeans, that schism already happened. Europe was perfectly happy to rely on US software and services for decades. None of the large US tech companies would be nearly as profitable if they hadn’t had a whole continent of wealthy customers, and no competition. I don’t think Americans are realizing yet how much has changed for us the past two years.

That's your fantasy. Reality is https://news.ycombinator.com/item?id=49607443

The reality seems to be that for decades Europe gave only lip service to decoupling from American tech infrastructure, but in the last couple of years America has gone from being seen as a strong ally to being a major risk.

It will take time to move. Frankly as an American I hope it takes a long time and we get our shit together and rebuild our alliance with Europe. But it’s possible that the damage is not reversible in the next couple of decades and Europe will accelerate their decoupling. It’s also possible we continue to slide into imperialist authoritarianism (and Europe definitely accelerates their decoupling).

Re: Mistral raises €3B

#514

Post by [deleted] »

aurareturn wrote: post #305
debugnik wrote: post #293

Earlier quoted context omitted.

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

The point is that the model is already immensely profitable. There is no fundamental reason why AI isn't profitable. It already is. Insane competition does not last forever. When chip manufacturing first started, there were dozens of companies that had fabs that made compute chips. Nowadays, only TSMC is viable. Samsung and Intel survived because of geopolitics.

[deleted]

Re: Mistral raises €3B

#515

Post by gbalduzzi »

phenomen wrote: post #499
simonask wrote: post #439

Earlier quoted context omitted.

> In the event of some schism … In the views of most Europeans, that schism already happened. Europe was perfectly happy to rely on US software and services for decades. None of the large US tech companies would be nearly as profitable if they hadn’t had a whole continent of wealthy customers, and no competition. I don’t think Americans are realizing yet how much has changed for us the past two years.

That's your fantasy. Reality is https://news.ycombinator.com/item?id=49607443

It doesn't happen overnight, but the adversarial behaviour of the current administration and the tariffs really changed the perspective about America on many Europeans.

The discussion about building European alternatives had never been so mainstream. If and once they emerge, I think the shift will happen. But let's see

Re: Mistral raises €3B

#516

Post by gbalduzzi »

geodel wrote: post #508
simonask wrote: post #439

Earlier quoted context omitted.

> In the event of some schism … In the views of most Europeans, that schism already happened. Europe was perfectly happy to rely on US software and services for decades. None of the large US tech companies would be nearly as profitable if they hadn’t had a whole continent of wealthy customers, and no competition. I don’t think Americans are realizing yet how much has changed for us the past two years.

None of the European automotive company would be as profitable were it not the US market. I don't think Europeans are realizing that.

I think it is perfectly understood. But we don't feel we are the ones that deteriorated the relationship, we are just reacting to it

Re: Mistral raises €3B

#519

Post by jononor »

barrenko wrote: post #441
mondrian wrote: post #124

Earlier quoted context omitted.

Europe is a different beast. They build and distribute rails, they don’t compete on frontier capabilities. When the civic benefits of AI become clear, EU is in a position to mandate their distribution. US develops capabilities that remain stuck in heterogeneous corporate silos without interop. Payments is a good point of comparisons between the two approaches.

A new ICE line between Antwerpen and Koln opened up the last week. The first train was half an hour late, the distance is under 250 km.

That is not great. But it is still better than other continents?

Re: Mistral raises €3B

#520

Post by rafaelmn »

moffkalast wrote: post #310
ywvcbk wrote: post #184

Earlier quoted context omitted.

There is regulation that is effective and useful (e.g. plenty of consumer protection laws) and regulation that actually makes markets more competitive and efficient. Then there is a lot of what EU is doing which leads to less efficient markets and more stagnation. Even a lot of their attempts to increase competitiveness like forcing Apple to allow alternative app stores have been halfassed and not very effective.

Oh one hand sure, on the other, moving fast and breaking things is exactly where the customer ends up footing the bill or suffering damages.

How exactly ?

We heard this since Uber days and all it did was break the old taxi systems and brought taxi service to a wider audience. As a consumer I benefited immensely from Uber.

Likewise for AirBnB and hotels.

Not saying that these don't have secondary effects on the society - but as a consumer they were and arguably still are pretty amazing.

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