Comment by GuB-42

24 days ago

I don't disagree, but Mistral is hardly a "rich player" in the current AI bubble.

OpenAI, Anthropic, Google, Meta and X are each valued at a trillion or more. Mistral is valued at $20B, 50x less. Even Deepseek is several times bigger than Mistral.

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GuB-42

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Ekaros  24 days ago

What a time we live in when 20 billion is considered poor... I would consider companies in sub million range to be poor and that is charitable already...

  • GuB-42  24 days ago

    The time we live in is a bubble. Cursor, a company that developed a fork of VSCode that uses AI models they don't own on hardware they don't own got bought for $60B, compare with JetBrains, a company that actually makes some of the best if not the best IDEs in several languages is "only" worth $7B.

    $20B is certainly not poor, but in the world of AI and overinflated valuations, it almost is.