← Back to context

Comment by zkmon

10 hours ago

Europe needs a lot of these. Quickly. Way to go, Mistral! Keep 'em coming.

I’d rather have one European AI lab like Mistral, with the financial firepower and compute to pretrain its own large models, than 20 weak labs that fine-tune Chinese models.

AI needs big bucks, and Mistral is Europe’s Anthropic.

> Europe needs a lot of these.

Europe needs profitable AI companies, not money pits.

  • The US has made sure that Mistral has a large market in the EU by temporarily preventing non citizens from accessing Fable.

    A lot of European companies now want a model the US can't cut off, but also lack trust in Chinese models.

    Some of these will self host Mistral but most will pay them by the token. It's not going to be a huge market or a huge margin within that market but probably it'll be enough.

  • This is the exact mentality that makes the EU fall behind. If you don't want to invest in something until it makes a profit, you don't get the benefits of being a pioneer.

  • > Europe needs profitable AI companies, not money pits.

    AI is a strategic technology with obvious national security implications. EU should invest in its development whether it's currently profitable or not.

    • Ah, national security. The end-all argument all Americans fall for.

      How did Claude and OpenAI make the USA safer?

  • there are no profitable AI companies at the moment ... This is the exact problem of European startups, trying to make them profitable from day 1 while American counterparts (and Chinese) keep bleeding money for years. Europe will never have a Tesla, a Google or an Amazon with that mindset.

    •   > Europe will never have a Tesla, a Google or an Amazon with that mindset.
      

      Great companies, if you have a fetish for peeing into a bottle.

      3 replies →

You have to thank the US investors who funded Mistral from the very beginning.

Mistral would have gotten a tiny and measly "EU grant" and ASML would never have invested later had it not been for the US VCs.

  • Ah yes. Let’s thank the might US for providing pesky Europeans capital a fistful of dollars. But maybe let’s do it after Americans thank for Russian, Arabian, Chinese, European capital and workforce. After all this is what “Made in the USA” means.