France’s Mistral AI blows in with a $113M seed round to take on OpenAI

Re:France’s Mistral AI blows in with a $113M seed round to t... by treprinum on Wednesday June 14, 2023 @02:31PM (#36330443)

It feels like a typical "young & hyped" European business - fanfare in the beginning, capital from old money networks that want to stay relevant, then fizzling out slowly without showing anything worthwhile later.

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Re:France’s Mistral AI blows in with a $113M seed round to t... by konschubert on Wednesday June 14, 2023 @03:08PM (#36330978)

bingo - but I hope I am wrong.

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Re:France’s Mistral AI blows in with a $113M seed round to t... by xor99 on Wednesday June 14, 2023 @03:43PM (#36331491)

exactly

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Re:France’s Mistral AI blows in with a $113M seed round to t... by hef19898 on Wednesday June 14, 2023 @03:46PM (#36331531)

At least those don't leave craters of the size of FTX, WeWork or Theranos. Stupid Europeans, even fail at failing!

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Re:France’s Mistral AI blows in with a $113M seed round to t... by bitcurious on Wednesday June 14, 2023 @04:16PM (#36331949)

Credit Suisse, Wirecard, WV emissions scandal? I don’t think corporate fraud/failure is unique to US.

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Re:France’s Mistral AI blows in with a $113M seed round to t... by hef19898 on Wednesday June 14, 2023 @04:49PM (#36332431)

We talked about young, start-up like companies. Heck, Wirecard was decades old before the scandal broke.

Regarding European scandals, I'd throw in Siemens' corruption scandal, Contergan and every other one I forgot...

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Re:France’s Mistral AI blows in with a $113M seed round to t... by vbagaria on Wednesday June 14, 2023 @11:43PM (#36336126)

One has to try before failing

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Re:France’s Mistral AI blows in with a $113M seed round to t... by namaria on Thursday June 15, 2023 @08:22AM (#36339436)

I've worked at a couple of mid level undertakings of the kind. Smart people do it on the down low and milk it for years. The inner circle draws fat engineering salaries, and they keep surfing on the latest tech hype wave.

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Re:France’s Mistral AI blows in with a $113M seed round to t... by peanuty1 on Friday June 23, 2023 @12:34AM (#36442812)

Reminds me of Montreal's Element AI.

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