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Mistral AI is pioneering a pre-purchase financing model where
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Founder and Editor at The French Tech Journal @obrien explains the new financing model for @MistralAI's 1GW build out: "These guys [in the US] have unlimited ability to go out and raise insane amounts of debt from the markets." "So how do you compete with that? Getting people to pre-sign [and] pre-buy this compute to finance this stuff." "Does this become a model that people replicate for building this out?" "If so, that makes all this stuff a really big deal for Europe, not just for…
obrien@obrienSep 8
Last month, @MistralAI announced its "European infrastructure for sovereign AI" plans, and people freaked out with the predictable Euro Doomer Porn takes. This was my perspective on Mistral and the global AI race (with updates): https://t.co/mWppHjgTcP https://t.co/J4vwh58hOb
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