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Mistral raises €3B

mistral.ai

541–550 of 616 posts

Re: Mistral raises €3B

#541

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.

Early this year I was thinking "will I still have access to this service if they invade Greenland?" Never had to do it before. That's how much it has changed.

The answer is yes.

You don't think Ukrainians can't buy stuff from Russia (and vice-versa)?

Re: Mistral raises €3B

#542

Earlier quoted context omitted.

> I don’t think Americans are realizing yet how much has changed for us the past two years. In two more, possibly less, the current administration will be gone. The Trump agenda will be dead in the water by the end of this year. While I basically agree with you, I wonder how quickly people will forget.

I'm not sure if it's really a "trump agenda". The ideas didn't start with him, the people who voted for said ideas aren't going to suddenly disappear, and this is his second term. It looks more like part of the new normal from the outside, and that's why things are changing. A country can't go from reliable to unreliable partner every 4 years without any consequences.

Even the people that voted for Trump didn't sign up for this, which is why his approval ratings are terrible even by historic standards. He didn't run on a platform of "attack Canada and suck up to Putin". Most Americans are very pro-European. Most of the voting population has living memory of the cold war.

As to what happens post-Trump, it's anyone's guess. I expect a hard reset. Markets have short memories, as they say.

Re: Mistral raises €3B

#543
post #420

Earlier quoted context omitted.

Was google already selling ads in 1999 ? Because before that, NO, they did not have a viable long term economic model.

Funny thing is, they stated their reason for existence was because ad-based revenue models would corrupt search quality. Funny that!

Eh. You’d have to clarify that. Google get started because other search engines at the time sucked. I had a soft spot for Ask Jeeves, but it was clear Google was better.

Advertising is the monetizing strategy from early on. AdWords came to be in 2000. Nothing fuzzy about that.

Re: Mistral raises €3B

#544

Earlier quoted context omitted.

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.

You benefitted temporarily. Those offering the service are often worse off. Various regulatory bodies had to beat these companies into submission, that no, you cannot hire all your employees as contract workers and deprive them of their benefits. After the competition is murdered, they will raise their prices over and over again.

All these companies thrive on the externalization of costs and killing an economy to then use their monopoly position to maximize money extraction.

Re: Mistral raises €3B

#546
post #134
post #110

Earlier quoted context omitted.

I don't care about benchmarks. Benchmarks show that Opus 5 is a stronger model than Fable 5 which is obviously not the case. But I do care about capability and so far only Anthropic and, very recently with Astra, OpenAI can deliver on coding quality. And capability matters immensely. There is a world of difference between being able to do something and not being able.

People have been using LLMs for two year. It's not just this week's LLM release that is capable something.

People fawn over AI brands now like cars and it's silly. OpenAI and Anthropic have been flipping spots for best LLM coder for the last two years and to say one is better feels silly; I've been using them both and they're very similar with different personalities. Recently Grok has become competitive in many aspects, and while I don't have much experience with Gemini it seems to come and go in terms of coding quality.

Saying only anthropic models are competitive frontier coding models is out of touch with the space imo

Re: Mistral raises €3B

#547
post #424

Earlier quoted context omitted.

The other part of Apple's strategy is "lets not waste money doing all that expensive research - lets just pay them for the finished result and save money".

Apple is probably also waiting for increased RAM supply to start making high-quality local inference a viable mainstream option.

> Apple is probably also waiting

they could seriously do something about it instead of waiting.

Re: Mistral raises €3B

#548

Earlier quoted context omitted.

Early this year I was thinking "will I still have access to this service if they invade Greenland?" Never had to do it before. That's how much it has changed.

The answer is yes. You don't think Ukrainians can't buy stuff from Russia (and vice-versa)?

Can I still get Google Adsense payments when Google has my European bank account and address if there are sanctions or something like that? Can I still login to my Cloudflare account and manage a domain registered with them? Will I lose access to Outlook or Gmail? Should I rely on Claude at all?

But the problem isn't if I can bypass sanctions, use VPNs, etc, or even if a company wants or can legally do that... it's the fact I'm asking these questions at all. It's not something I'd ask 15 years ago about US companies.

Re: Mistral raises €3B

#550

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.

> I don’t think Americans are realizing yet how much has changed for us the past two years. In two more, possibly less, the current administration will be gone. The Trump agenda will be dead in the water by the end of this year. While I basically agree with you, I wonder how quickly people will forget.

Yea I don’t think this will blow over just because trump (might be?) is gone.

Frankly this already started under GW Bush from my perspective and just has gradually gotten worse.

I don’t think you can unboil a frog that quickly. This will take many years to resolve / build up trust again.

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