91–100 of 135 posts
Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
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>until they elect a president that throws allies under the bus (I.e. NATO, NAFTA, etc) Based on recent news, Trump has done more for NATO rearmament than any US president in history. Gee, maybe sometimes drastic steps are needed when 20 years of three other presidents doing everything but stand on their heads while begging other NATO members to spend more on their own defense failed. Trump was lambasted by the usual…
> Trump has done more for NATO rearmament than any US president in history Putin did that. To the degree Trump's statements have had an effect, it's in deharmonizing trans-Atlantic military coöperation. (EDIT: Trump and Putin had similar effects. See [1].) [1] https://news.ycombinator.com/item?id=39540275
No. As I said, not even an actual land war in Europe has been as effective as Trump's mean words in getting Western Europe to actually get off their butts regarding defense.
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You don't own what you can't sell. Any asset value will be massively reduced if its untransferable. Mistral isn't exactly some decade-long state funded national champion. Its a 1 year old startup whose core staff all come from American tech companies. With 0 revenue and minimal market share, there's like no conceivable metric in traditional antitrust theory to block this. Yet the EU prevents it from taking foreign in…
It's not about antitrust. It's about national security.
They can't defend their own backyard, refuses to pay for their 2%, and free-rides off of US protection.
They tried to court China as their partner, only to now face a flood of Chinese car imports that outcompete their once prided industries.
They seem to only care about national security when it comes to fleecing US companies, rather than say defending against Russia, or strategizing against China.
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> But man, as a business owner in EU, this would just make me not want to build an AI startup in EU If a Chinese company with massive government contracts had invested in OpenAI there is no way that the US would not start an investigation.
> If a Chinese company with massive government contracts had invested in OpenAI there is no way that the US would not start an investigation Sure, but if a European did we wouldn't. So if you start in America, you can access both continents. If you start in China, you can access Europe and Asia. If you start in Europe, you're limited to one. Granted, this is just a proble. But if it amounts to something, it's an asym…
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Why is "exit" always the goal? Why not go on growing?
Because speculative startups require a lot of investment/venture capital, but the VCs need a defined return at some point. They need an exit with a sale, an acquisition or an IPO in order for the whole process to make financial sense. If companies just 'grow' but never sell out, there's not enough return for VCs, so they don't invest. No investment = way less startups to begin with
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> But man, as a business owner in EU, this would just make me not want to build an AI startup in EU If a Chinese company with massive government contracts had invested in OpenAI there is no way that the US would not start an investigation.
Microsoft has massive government contracts in literally every EU country. US is an ally, not antagonist/enemy.
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Microsoft has massive government contracts in literally every EU country. US is an ally, not antagonist/enemy.
Didn't US/EU have a trade war just ~3 years ago?
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> Trump has done more for NATO rearmament than any US president in history Putin did that. To the degree Trump's statements have had an effect, it's in deharmonizing trans-Atlantic military coöperation. (EDIT: Trump and Putin had similar effects. See [1].) [1] https://news.ycombinator.com/item?id=39540275
>Putin did that. No. As I said, not even an actual land war in Europe has been as effective as Trump's mean words in getting Western Europe to actually get off their butts regarding defense.
Love it as a consumer because Mistral is probably not doing any more open weights if they get tangled with Microsoft. But man, as a business owner in EU, this would just make me not want to build an AI startup in EU
This move from MSFT is clearly perceived as aggressive from EU given how fragile EU sovereignty in AI is at this point. If EU wants to own its AI future, that’s not a great way of getting started.
Also, EU doesn't but things for their consumers, do you even know what the EU is?
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EU has to tech scene, so it doesn't want a potentially successful project to be transferred to US. What is the most biggest EU software company? SAP?
Top companies from Stoxx 50: LVMH Moët Hennessy Louis Vuitton (422B Euro) ASML (347B) L'Oréal (241B) Hermès (240B) SAP (203B) Totalenergies (142B) Siemens (140B) For comparison, Spotify is only 50B.
but to get back to the general point, that list looks kind of bleak to me. bags, makeup and oil. at least there's ASML in there (i hope they won't have a reason to move their listing to NYC).