France's Mistral Built a $14B AI Empire by Not Being American

(forbes.com)

31 points | by rzk 2 hours ago ago

7 comments

  • phillc73 2 hours ago

    I am a Mistral Le Chat Pro subscriber. I specifically chose to test their offerings because they are European. I don't have the necessary local hardware to run really big models, therefore need to choose a cloud provider if I want LLM action.

    I find the antics of Anthropic, OpenAI, Google, Microsoft distasteful and avoid their products where I can.

    After testing Le Chat and Devstral-2 for a while, I felt their offering was good enough to stump up some cash for it. I appreciate that many of their models are open weights and Apache 2.0 licensed. In general, I've been happy enough with the service and quality.

    Maybe others are better, but I have little reason to change right now. If curiosity gets the better of me, I'll be looking at Qwen, Kimi, GLM, Deepseek, other open weights models, before Anthropic and OpenAI.

    • Havoc 42 minutes ago

      There is also risky from a US regulatory side as recent drama around antrophic showed.

      Don’t think it’s inconceivable that the clowns in power decide to limit api access out of the blue one day because someone whispered a conspiracy theory in someone’s ear. API blockade…

      See also the constant flip flopping on what cards NVIDIA can export - no consistency in stance or coherent policy

  • aurareturn 7 minutes ago

    In my opinion, being "Not American" or "Not Chinese" is not a good business model long-term.

    At some point, businesses will choose the option that provides the most value. I'm very skeptical that Mistral will survive long-term.

    • nairboon a few seconds ago

      Recent political events have demonstrated that "Not American" is a very valuable strategic attribute.

    • applfanboysbgon 2 minutes ago

      Mistral will survive independently (i.e. without gov intervention) longer than OpenAI or Anthropic. Merely not being hundreds of billions of dollars in debt is enough for that. Open Chinese models are a threat to it, but they're an even bigger threat to the people in debt because they will undercut any attempt to raise prices and controls to service that debt.

    • goodluckchuck 2 minutes ago

      This phrasing disregards the value of those traits. For example there are very clean and nice public restrooms at my local park, and I use them sometimes, but I usually use the one in my house.

  • eigenspace 2 hours ago

    IMO this is pretty rational. Mistral is 'smart enough' for lots of applications, very fast, and embedded in a regulatory environment that people find more trustworthy.

    It's not exactly hard to see why people might feel that relying on an American or Chinese provider is a major liability.