Isn’t this all happening with borrowed money without any profit? And now that energy is more expensive it’s less likely to make any money.
https://www.singularitymoments.com/content/mistral-ais-830-million-debt-is-a-high-stakes-bet-on-their-structural-health/
this post was submitted on 20 Apr 2026
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We are really the only company that allows [building] core business automation and products on top of an open stack
How open is it?
Closed-source, of course. From this sentence that mentions it has a regional monopoly, which is always a great sign:
For now, Mistral effectively has a monopoly on European-built open-weight models
("Open weight" is like saying "open binary executable", it's gibberish.)