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Mistral AI acquires Emmi AI

emmi.ai

51–60 of 103 posts

Re: Mistral AI acquires Emmi AI

#52
post #37

Is Mistral still competitive? I completely forgot they existed because of how much press the Big 3 get (Google, Anthropic and OpenAI).

> Big 3 This is why Elon’s appealing. I thought they surely had the talent to be considered a fourth at this point. (Oh someone mentioned they’re politically unpopular at work.) Mistral is super welcome competition, good luck!

No they really don't because Grok is not a competitor. The big 3 are the big 3 because they have historically traded the top place for model intelligence. Grok has never crested that high. People like to think Grok isnt as popular because of elon and politics, but if Grok was the best coding model, nobody would give a fuck. Google has also not led since gemini 2.5 pro. It's really the big 2 at this point.

Re: Mistral AI acquires Emmi AI

#54
post #37

Is Mistral still competitive? I completely forgot they existed because of how much press the Big 3 get (Google, Anthropic and OpenAI).

> Big 3 This is why Elon’s appealing. I thought they surely had the talent to be considered a fourth at this point. (Oh someone mentioned they’re politically unpopular at work.) Mistral is super welcome competition, good luck!

How much on Kalshi to bet that xAI screws over the Cursor folks out of their $10B/60B deal through some loophole?

Only desperate people would go work for Elon at this point.

Re: Mistral AI acquires Emmi AI

#55

Earlier quoted context omitted.

It doesn’t ASML’s EUV money printer has nothing to do with their ability to deploy that money in illiquid investments instead of to their own shareholders ASML buying equity in one company in tangentially related industry (just because they’re in Europe and the pickings are slim in both offerings and growth capital) has nothing to do with any synergy or integration with ASML’s utility (and bottleneck) to the chip sup…

A friend of mine works for ASML and it’s suggested they were nudged quite heavily “from above” to make this investment, rather than it being an actual strategic play by ASML. Basically “sovereign EU AI” is the play here.

a cursory understanding of the subcontinent's abysmal venture capital ecosystem and bloc wide risk aversion would have anyone reach the same conclusion

Re: Mistral AI acquires Emmi AI

#56
post #25
post #23

Earlier quoted context omitted.

The reason we have so much M&A is that large companies can’t really innovate, especially when they’re publicly traded and have shareholders who hate risk-taking

Mistral is not large, though.

800+ staff across 30 countries, and headquartered in a notoriously bureaucratic country

Re: Mistral AI acquires Emmi AI

#58
post #45

Is Mistral still competitive? I completely forgot they existed because of how much press the Big 3 get (Google, Anthropic and OpenAI).

I check almost every mistral model. But to be honest after agentic coding has become a thing, I only test their models in a chat app. I tried their coding TUI a few months back and found that it was way behind. It didn't even support skills back then. I wish they go strong just because they are a big AI player in Europe and I have personal connection to France.

Mistral’s Vibe CLI does support SKILL.md files.

Re: Mistral AI acquires Emmi AI

#59

Earlier quoted context omitted.

Indeed, French labor laws and their downstream effects have pushed the most talented French researchers to US-based frontier labs, thus building one of the most competent cohorts of international AI scientists.

This has more to do with the humongous amounts of money sloshing around in VC funds and the disproportionate importance of the US in the global financial markets. They just followed the money. Those who are successful in securing funding then tend to come back eventually.

Again, the amount of money “sloshing around” in US based VC funds is again due to policy decisions made by the US.

By having a diverse set of private pension funds and endowments as LPs this is what funds the VC ecosystem.

France vacuums up its private capital into government pension schemes and dumps it into low yielding government bonds.

Re: Mistral AI acquires Emmi AI

#60

Is Mistral still competitive? I completely forgot they existed because of how much press the Big 3 get (Google, Anthropic and OpenAI).

The are in Europe and in France. The worst possible situation to be successful as a startup. I mean the extreme hiarchy, lack of salaries and taxation is not really gonna help.
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