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Mistral built a $14B AI empire by not being American

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131–140 of 187 posts

Re: Mistral built a $14B AI empire by not being American

#131
post #83

Earlier quoted context omitted.

Let me rephrase this: companies want to avoid breaking the law unknowingly, because their US providers are going to break the law without notice, willingly or unwillingly. Plenty of corporations are willing to break the rules, but never for free.

> because their US providers are going to break the law without notice, willingly or unwillingly This is a weird hill to die on because it's not true. I can't find anything to support your world view and if anything evidence points to the contrary. Europe has a deliberately more complex legal framework, usually in the hopes of keeping out foreign competition (although it's dubious whether or not that actually works).

> I can't find anything to support your world view

Just look at US laws pertaining to data that goes through US companies.

Re: Mistral built a $14B AI empire by not being American

#132

In my opinion, being "Not American" or "Not Chinese" is not a good business model long-term. At some point, businesses will choose the option that provides the most value. I'm very skeptical that Mistral will survive long-term. Edit: I hear the commenters to this post. However, Mistral still relies on American chips. If there is truly a divorce between Europe and the US such that relying OpenAI or Anthropic is not an…

In my opinion, being "Not American" or "Not Chinese" is not a good business model long-term.

Exactly..

What happens when the capability of American models far exceeds the capability of non-American models? Wouldn't companies using American models have a huge advantage?

Re: Mistral built a $14B AI empire by not being American

#133

In my opinion, being "Not American" or "Not Chinese" is not a good business model long-term. At some point, businesses will choose the option that provides the most value. I'm very skeptical that Mistral will survive long-term. Edit: I hear the commenters to this post. However, Mistral still relies on American chips. If there is truly a divorce between Europe and the US such that relying OpenAI or Anthropic is not an…

>At some point, businesses will choose the option that provides the most value.

There is no absolute "most value" though. What’s true in a world were betting on the least worst horse like world empire of the day doesn’t necessarily fit when it global order accelerate transition to multipolar geopolitics boosted on nationalist steroids.

Re: Mistral built a $14B AI empire by not being American

#134

The word empire is used for anything these days. Mistral is successful, but their market cap $14B is less than than revenue of OpenAI or Anthropic. They may not have the scale to compete with the American and the Chinese companies.

$14B "empire" next to a trillion dollar OpenAI, trillion dollar Anthropic, trillion dollar DeepMind... this is a massive failure, not an empire. It is truly baffling how low expectations are for European tech.

Re: Mistral built a $14B AI empire by not being American

#135

Earlier quoted context omitted.

> For a lot of business customers, EU based hosting is not optional They still use US clouds that can have information pulled by the US government.

FTA: > So Mistral is developing its own data centers, starting with one outside Paris. Mensch projects it will have 200 megawatts of capacity by the end of 2027. Power from France’s state-owned nuclear plants will help, but the buildout could still cost an estimated $5 billion. Mensch tapped oil-rich Abu Dhabi and reportedly sought debt financing to help pay for it. Though to your point it won't be running until 2027…

Yes, I think the EU is going to be dependent on US tech (other than EUV lithography machines, very cool) for very long time. Even those data centres, while run by Europeans, are still being made with almost entirely US tech. But at least the EU companies can borrow some oil money and buy in the stuff developed by someone else's R&D spend, which is a nice shortcut to have available.

Re: Mistral built a $14B AI empire by not being American

#136
post #127
post #38

Earlier quoted context omitted.

That ruthless review prompt seems interesting, would you be willing to share it? I've been trying to have Claude act as a reviewer for me and it feels like it never will disagree.

It's very hard to untangle it from the rest of its context (the prompt is built dynamically, from a lot of parts, some project-specific, some specific to my preferences, some built from interaction history), so I can't really share it. In any case, I don't think it's some specific prompt engineering sorcery I'm doing, it's not like I've spent any real time refining it or experimenting with various magical incantation…

Can you share some of its output for reference?

Re: Mistral built a $14B AI empire by not being American

#137

Earlier quoted context omitted.

> For a lot of business customers, EU based hosting is not optional They still use US clouds that can have information pulled by the US government.

FTA: > So Mistral is developing its own data centers, starting with one outside Paris. Mensch projects it will have 200 megawatts of capacity by the end of 2027. Power from France’s state-owned nuclear plants will help, but the buildout could still cost an estimated $5 billion. Mensch tapped oil-rich Abu Dhabi and reportedly sought debt financing to help pay for it. Though to your point it won't be running until 2027…

Compared to US datacenter buildout, it’s probably much more likely to actually go online..

Re: Mistral built a $14B AI empire by not being American

#138

Earlier quoted context omitted.

L O C A L M O D E L S All data stays on computers that you control. Same API. Localhost.

Try Mistral-Nemo-2407-12B-Thinking-Claude-Gemini-GPT5.2-Uncensored-HERETIC_Q4_k_m.gguf. This 7.5GB model runs well in llama.cpp on my 2021 Macbook Pro and is good at both coding and business document analysis tasks.

> Try Mistral-Nemo-2407-12B-Thinking-Claude-Gemini-GPT5.2-Uncensored-HERETIC_Q4_k_m.gguf.

Thiss sounds like such a shitpost I initially thought you were joking... but this seems to be a real model???

Re: Mistral built a $14B AI empire by not being American

#139
post #3

I am a Mistral Le Chat Pro subscriber. I specifically chose to test their offerings because they are European. I don't have the necessary local hardware to run really big models, therefore need to choose a cloud provider if I want LLM action. I find the antics of Anthropic, OpenAI, Google, Microsoft distasteful and avoid their products where I can. After testing Le Chat and Devstral-2 for a while, I felt their offeri…

Mistral models are definitely good enough. Most people fall for what I call the SOTA Logical Fallacy : whenever there is a 'better model', they think they need to use it, when less-powerful models actually perform the same tasks just as well. (it's an inverse form of the Shifting Baseline Syndrome : every time a new model comes out, people shift their baseline of what is acceptable, despite the fact that a previous b…

My biggest issue with Devstral and even their biggest model is that they’re dangerous unless closely directed and reviewed and i mean CLOSELY. Unfortunately mistral models will believe and do anything.

See: https://petergpt.github.io/bullshit-benchmark/viewer/index.v...

See some of the test results, it’s horrifying

Re: Mistral built a $14B AI empire by not being American

#140
post #101

Earlier quoted context omitted.

How would that work? What it means for the US AI bubble to burst is that tremendous amounts of inference capacity become open for pennies on the dollar. I don't see how Mistral is or could be sheltered from that.

Isn't running the models for end users the biggest cost at the moment?

Running the models is a tiny fraction of the cost. The cost is all on training the new models
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