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397 points Anon84 | 4 comments | | HN request time: 1.22s | source
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beernet ◴[] No.45126818[source]
Mistral recently being valued at $14 billion in the previous funding appears like a steal to me, especially compared to the Anthropic and OAI valuations. Would be interesting to compare revenues and growth rates as well to put these valuations into better perspective.

Apart from that, Mistral appears to remain the only really relevant new player with European ties in the Gen AI space. Aleph Alpha is not heard of anymore and is essentially steered by the Schwarz Group now, so at least chances of an acquihire I guess.

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riedel ◴[] No.45127712[source]
Without creating so much buzz there is also still DeepL . They just announced an agent framework: https://www.heise.de/en/news/DeepL-presents-its-own-AI-agent...

I think AI in Europe is doable in general.

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FinnLobsien ◴[] No.45128732[source]
What's their unique value? How are they differentiated vs. OAI/Anthropic/etc. who have way more money/distribution/etc.?
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1. meesles ◴[] No.45129785[source]
Not being based in the US is quite a differentiator for a lot of the world
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2. DetroitThrow ◴[] No.45129811[source]
I think the obvious question is whether they provide any differentiation beyond merely their HQ jurisdiction, since I'm sure we can all agree Turkmenistan AI would be very important for Turkmenistani government agencies too..
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3. saubeidl ◴[] No.45132915[source]
The difference with Turkmenistan is that the EU is the world's second largest economy. Having a near-monopoly on that is better than fighting over the largest economy.
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4. DetroitThrow ◴[] No.45136679{3}[source]
>The difference with Turkmenistan is that the EU is the world's second largest economy

I don't think that was unclear to anyone - again, I'm sure some EU entities might want EU related AI companies more than they care about any other features, just as some Turkmenistani entities would prefer Turkmenistan AI. I hope the point about why that advantage is banausic here is more clear, now.

Besides those EU entities, do these companies offer any advantages compared to American or Chinese AI companies for the entire rest of the world? Licensing, rankings in specific benchmarks, etc?