my take on this is that it’s not even really mistral fault, they actually have lots of clients, and more than a decent amount of gpus and datacenters compared to other open actors
but there is very little (none?) competition in Europe on the « frontier » llm aspect, so they just have to build a « good enough » model, clients choose them because they are European and/or open weight (the fact that enterprises can deploy mistral models on their own infra is a big deal for some companies) so they don’t have to compete on model capabilities with oai and anthropic
Btw anybody with some Mistral insider info is understanding WTF the company is doing? They are under delivering so much that there must be a hard reason, either politics, terrible management, total lack of GPU compared to Chinese players, or what?

