[HN Gopher] Mistral raises a $640M Series B led by General Catal...
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       Mistral raises a $640M Series B led by General Catalyst at a $6B
       valuation
        
       Author : beefman
       Score  : 13 points
       Date   : 2024-06-12 17:56 UTC (5 hours ago)
        
 (HTM) web link (twitter.com)
 (TXT) w3m dump (twitter.com)
        
       | beefman wrote:
       | Alternative source:
       | https://www.theregister.com/2024/06/12/mistral_ai_funding/
        
       | omega3 wrote:
       | Perhaps I'm missing something but what's the usp of Mistral, as
       | far as I can see their models aren't competitive?
        
         | questime wrote:
         | The USP is the same as Rheinmetall and Thales, juicy government
         | contracts since they are "European" and important for
         | "Sovereignty".
        
           | lxgr wrote:
           | There's already talk about nationalizing large models and
           | clusters Manhattan project style.
           | 
           | But even taking that with a very large grain of salt, doesn't
           | it seem like a no-brainer to want to incentivize at least
           | some LLM development to happen in Europe as well?
        
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       (page generated 2024-06-12 23:02 UTC)