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.
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.
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.
Look at the size of our capital markets. That is a suicidal strategy. We dont have to mimic US.
There is plenty of capital, it is just not flowing.
Like Sam Altman, you seem convinced AI is a winner takes all kind off technology. Can you explain why?
> 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.
Great companies, if you have a fetish for peeing into a bottle.
Pithy, but only really applicable to Amazon. I'll give you some tips for future attacks.
I'm not actually sure Tesla is a great company from any perspective so should be easy to find another sick burn for them.
Google is going to be a little more difficult. Maybe say something nasty about advertising? Or go for the monopoly angle.
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Name 1 AI company that is profitable, and no Meta and Google are not AI companies
Like the US!
…oh…wait…