https://mistral.ai/news/mistral-ai-raises-1-7-b-to-accelerat...
"...a long-term collaboration agreement to explore the use of AI models across ASML’s product portfolio as well as research, development and operations..."
ASML is one of the clients Mistral keeps referencing, for example here: https://mistral.ai/news/forge But it isn't clear exactly what they've been doing together. The Forge page only mentions they "train models on the proprietary data that powers their most complex systems and future-defining technologies."
ASML’s EUV money printer has nothing to do with their ability to deploy that money in illiquid investments instead of to their own shareholders
ASML buying equity in one company in tangentially related industry (just because they’re in Europe and the pickings are slim in both offerings and growth capital) has nothing to do with any synergy or integration with ASML’s utility (and bottleneck) to the chip supply chain
remember when you were studying for standardized tests as a teenager? this is what the high scoring answer would be
This is why Elon’s appealing. I thought they surely had the talent to be considered a fourth at this point. (Oh someone mentioned they’re politically unpopular at work.)
Mistral is super welcome competition, good luck!
If their best cloud-run offering is far more intelligent than the laptop Gemma / Qwen than nevermind
What I am curious about is what has Emmi actually built? Who uses it? I was hoping to see something like a demo on the website but couldn’t find anything concrete.
Mold flow simulators already exist, but they're slow. So if you're a mold engineer, and you want to try different material properties, each run takes time.
By making this into a transformer (no idea what that model looks like) it can run pretty fast, because it's not mathematically solving it, it's running a learned function approximator. So for the mold engineer, suddenly they can just change values around and get pretty fast analysis.
They appear to not be selling it as a product per se, but partnered with a German company called Simcon to sell it, whose website lists it as a preview, so it's unclear how good it is compared to conventional simulations.
They did injection molding for example, and I'm sure they're testing similar approach to everything which can be modeled by PDEs, which is well pretty much everything ever of engineering interest (I'm assuming this is somehow connected to a research project funded by Engel, one of the leading injection molding machine companies, located in the same Region): https://www.emmi.ai/models/neuralmould
I am so tired of M&A. Buy instead of competing or - heaven forfend - cooperating.
European regulations help protect from USA's tech monopolies. French labor laws and social security and state-funded scientific schools helped build one of the most competent international AI scientist generation.
All of europe got crushed by the US on the domain of internet. "Regulated" or not.
Could you please elaborate what labour law drives the labour out of france?
Building a company in france and europe is hell even mistral ceo said this a few days ago in front of french officials
In top of high taxes, there is a very adversarial administration and a philosophy of “I’ve told you, you should never have started this project”.
In the baltics it is easy for example, but your experience can vary a lot depending on the country as the EU business environment is not uniform.
And if you look at mistral biggest customers it would be lying not to say they are done through political ties. No shame in saying that. US gov and agencies created FAANG through those same mecanism
It may just be greenwashing to check “AI sovereignty” off the list.