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TheJCDenton | on: Mistral raises €3B
When Apple is not racing for the frontier it's a strategy, but when it's Mistral it's a mistake.

The two companies have read the market the same.

It's always very dangerous for first movers and their investors, and the commodification of intelligence seems even more likely each time a chinese open model release. It's less exciting to do business that way, but if you're building to stand the test of time, it's wiser that way.

riffraff | parent | next
I am not sure it's correct to lump apple and Mistral's strategies together. Apple's business is selling hardware/services and their stores, but Mistral's business is AI.

Apple's strategy seems to be "wait till real business shakes out" but Mistral's strategy seems to be "go after profitable niches and avoid unwinnable fights".

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InsideOutSanta | parent | next
> When Apple is not racing for the frontier it's a strategy, but when it's Mistral it's a mistake.

I think what Mistral is doing is smart within their financial constraints, but this comparison is misleading. Mistral is an LLM company; Apple is a consumer hardware and services company.

It's smart for Apple not to join the LLM arms race, because they can just pick the cheapest supplier and let other companies take the financial losses. Mistral is in a very different situation; they are the supplier.

niltecedu | parent | next
One is a AI company first, the other has tons of other services and they can just buy those outright.
ywvcbk | parent | next
Apple is in an entirely different market than Mistral (consumer electronics vs AI lab focusing on enterprise consulting). Which obviously means their optimal strategies are different. It doesn't really matter for Apple if it's Gemini or other model running behind their AI features. If anything it saves them a lot of money and provides a lot of flexibility.
ulfw | parent | next
AI company not keeping up with AI companies is by no definition the same as combinedhardwaresoftwareservicesentertainmentlifestyletechcompany not keeping up with AI companies
hkt | parent | next
I am baffled by the responses to this, not seeing that a similar strategy can be applied in a different field.
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pembrook | parent | next
Yea people tend to give Apple the benefit of the doubt because they’re the most successful and valuable company in human history.

Mistral is not Apple, and is not emulating their strategy. Please show me Mistral’s half a $Trillion in yearly revenue coming from consumer hardware/software.

Then I’ll agree with you that they’re taking the Apple strategy.

TacticalCoder | parent
> When Apple is not racing for the frontier it's a strategy, but when it's Mistral it's a mistake.

Apple is a $4.7 trillion company selling computers and iPhones. How many computers and iPhones is Mistral selling?

In your comparison Apple is Apple while Mistral is orange.