311–320 of 437 posts
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OpenAI, Inc. is a company, and it owns other companies including OpenAI Holdings, LLC and OpenAI Global, LLC. https://en.wikipedia.org/wiki/OpenAI
>In May 2025, the nonprofit renounced plans to cede control of OpenAI after outside pressure.
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You mean the continent that invented pretty much everything you're using to write this post, including electric machines, computers and the world wide web? The anti-Europe propaganda here is insane.
From context, I doubt they are saying that Europe has zero innovation — they’re likely trying to complain about current rules and regulations stifling innovation and progress today . No one thinks Europe has done nothing worthwhile, ever…
[0] https://ec.europa.eu/assets/rtd/srip/2024/ec_rtd_srip-report... Figure 3.1
Everyone is so negative here but we have reached the limit of AI scaling with conventional methods. Who knows Mistral might find the next big breakthrough like DeepSeek did. We should be optimistic.
> but we have reached the limit of AI scaling with conventional methods We've just only started RL training LLMs. So far, RL has not used more than 10-20% of the existing pre-training compute budget. There's a lot of scaling left in RL training yet.
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1.7B should pull Mistral (and Europe) out of the little fish pond if they hadnt left already. I hope they succeed.
I gut-feel that at this point AI companies are less about the quality of their models and output and more about marketing and adoption. Microsoft is doing that by aggressively putting AI in every product they have. Google by prominently putitng it at the top of every search result. Who knows what Mistral does. Maybe they will integrate their stuff into SAP or Spotify or other big European software projects? Maybe the…
ASML gross revenue was 28B€ in 2024, and their net income was 7.5B€. While 1.3B€ (the amount ASML invested in this 1.7B€ fund raise) is not pocket change, it is also an amount that ASML can not afford to lose. While they might have seen some synergy with Mistral, it might also be a complete strategic and/or political investment. Mistral is the only serious "AI" company in the EU right now (if you exclude company work…
"it is also an amount that ASML can not afford to lose" Did you mean to say "it is not an amount that asml cannot afford to lose" or "it is an amount that asml can afford to lose"?
the latter changes the meaning
it’s correct the first way, ASML would be harmed by losing that money
“cannot afford to lose”
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"it is also an amount that ASML can not afford to lose" Did you mean to say "it is not an amount that asml cannot afford to lose" or "it is an amount that asml can afford to lose"?
the former would create a double negative the latter changes the meaning it’s correct the first way, ASML would be harmed by losing that money “cannot afford to lose”
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It's very simple to found a company in the US that has access to the entire 50 states and all of the investors therein, with a single/simple accounting to manage. And you don't have to live in the US to do it. Europe/EU/EEA don't have a comparable setup. Found in one country, deal with workers in many, filings in all of the countries you're doing business, and more. The new proposed EU Incorporation would go a long w…
I don’t know how the difficulty compares to the EU, but US states require a bunch of per-state filings if you’re hiring employees that live there, in addition to the different tax regimes.
the employment and payroll tax situation is easily handled by third parties like payroll companies. none of the jurisdictions are that different with conflicting legal systems
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I dunno if ASML is lacking any political favor that Mistral can give them, they are already one of the most critical companies for Europe and the entire western supply chain. There is a possibility this is a step towards building a full-stack all-EU AI - if AI delivers on the hype, the EU will certainly want to have one they fully control without dependency on either the US or China. But this would mean having an EU-…
Businesses are always looking ahead long term. All technical advantages fade over time.