And Mensch says Mistral is on track to start making around $80 million monthly by December, although due to high compute and data costs the company isn’t yet profitable.

So even with running a behind the curve discount open weight model, they still can’t find a way to run AI at a profit.

Luckily for them Macron is the kind of empty suit investment banker neoliberal dipshit who won’t just sink money into this pit, but attach their success to his version of French nationalism.

This isn’t so much a critique on Mistral specifically, just pointing out that they share the same critical flaw as their American competitors: this business model runs on burning piles of cash, and eventually institutions will not want to shovel any more of their cash into that fire.