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397 points Anon84 | 1 comments | | HN request time: 0s | 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. riedel ◴[] No.45130010[source]
They get translation in many languages right (which is important in Europe). They do not offer general purpose GenAI yet. But as they provide models for translation and text editing they have gained the trust of many companies. If they now move towards agentic AI for administrative task, they for sure have chances in procurement.