Thread by @itsolelehmann

Everyone says Europe can't compete with America in tech.

But 48 hours ago, Mistral's 'Le Chat' just proved them wrong:

• 13x faster than ChatGPT
• 100% open-source
• Completely free (vs $20/month)

The European AI breakthrough Silicon Valley didn't see coming 🧵:

The numbers are mind-blowing:

• The FASTEST AI model on the market rn (see video below)
• Founded just over 1 year ago
• Already worth $6.2B
• Trains models at 1/5th OpenAI's cost
• Powers 40% of France's biggest companies

Meet Mistral AI...

In 2023, 3 French researchers (from Google DeepMind & Meta) had a radical idea:

Build an AI company the European way - open-source, efficient, and privacy-focused.

The result? A company that's disrupting Silicon Valley's playbook.

While OpenAI spent $100M+ training GPT-4...

Mistral built a competitive model for just $22M.

Their secret weapon? European pragmatism:

• Open-source core technology
• Privacy-first architecture
• Capital efficiency over hype
• Strategic government backing

Speaking of government support...

French President Macron personally champions Mistral as Europe's answer to OpenAI.

The French government has directly invested €40M into open-source LLM

Why? Because Mistral solves problems US companies can't:

1. Data sovereignty for EU companies
2. GDPR-compliant AI deployment
3. On-premise solutions governments trust
4. European language expertise

But here's what just changed everything...

Mistral dropped "Le Chat" (their answer to ChatGPT) - and Silicon Valley is nervous:

• 13x faster than ChatGPT (yes, actually)
• Better image generation than DALL-E
• Premium Canva integration
• Great iOS/Android app

Want to see the difference?

Watch this speed comparison:

https://twitter.com/1601982526511366144/status/1887547069956845634

The most shocking part?

Mistral AI built this in months, not years.

Imagine what they can do long-term...

Mistral isn't just competing - it's winning in key areas:

• Processing speed: 1,000 words/sec vs ChatGPT's 650
• API costs: $8 per million tokens vs GPT-4's $30
• Model efficiency: Smaller size, similar performance

And now, the biggest validation:

Microsoft — OpenAI's biggest partner — invested at a $6.5B valuation.

Even Silicon Valley knows: European innovation is back.

Mistral proves you don't need:

• Endless VC money
• Silicon Valley hype
• Closed ecosystems

You need pragmatic innovation and strategic execution.

Europe's tech future is being written in Paris, not just Palo Alto.

And Mistral is just the beginning...

Everyone loves to dismiss EU innovation, but I think that's a mistake.

The continent that invented the web is reinventing AI 🇪🇺

eu/acc

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