EU is in a precarious situation with Mistral. If you look at their investor sheet, it's primarily American and other foreign investors with some token amount co

EU is in a precarious situation with Mistral. If you look at their investor sheet, it's primarily American and other foreign investors with some token amount coming from within the EU. It seems like this is positioning as an acquisition play, most likely by a foreign AI tech firm. We can look at Heart Aerospace for an example of a European future-tech company that warned the EU repeatedly about the regulatory and capital market being uncompetitive, and then within 2 years just relocated entirely to the US. My suspicion is that Mistral does not have enough money and enough access to GPU compute to be competitive long-term. And it will most likely end up as an acquisition.