Mistral CEO @arthurmensch believes that within the European frontier AI debate there are two camps of people; one that are optimistic and one that should focus on building at the AI application layer: "There is effectively two camps: the one that are optimistic and think this can be done, and the one that believe that there are ways of focusing on the AI application layer". "This isn't a technology that allows to build applications on top... It is so big and so capital intensive, it can do…