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> I’m sort of surprised that the EU isn’t stepping in to support them. It is! The second largest investor in this round is Scaleup Europe Fund: https://eic.ec
by bambax 19d ago
> I’m sort of surprised that the EU isn’t stepping in to support them.
It is! The second largest investor in this round is Scaleup Europe Fund:
https://eic.ec.europa.eu/eic-fund/scaleup-europe-fund_en https://eic.ec.europa.eu/eic-fund/scaleup-europe-fund_en
- easytiger 18d agoDo you think that's a good thing?
- AureliusMA 18d agoEuropean money invested in a European company ought to be a good thing, don’t you think?
- Tenoke 18d agoIt's possible to be a waste of European money that could be better used elsewhere, though. I think the same about LeCun's company sucking up the little funding here.
- gib444 18d agoDo you think it's not?
- guiriduro 18d agoImagine the fund were distributing to several teams, but let's say Z.ai and Deepseek were european and among them. What percentage would be allocated to Mistral in that case? OK, the other two aren't, but in the same vein, should the EU fund be saving its powder until such a project shows up?
- bambax 18d agoI don't know. Government funds have a unique way of being often wrong, so this may be the kiss of death. But it is a sign that the EU is helping Mistral.