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Ole Lehmann Profile picture
@itsolelehmann
Apr 6 • 12 tweets • 4 min read • Read on X
Everyone says Europe can't compete with America in tech.

But 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 🧵: Image
Image
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... Image
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: Image
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)
• Premium Canva integration
• Great iOS/Android app

Want to see the difference?

Watch this speed comparison:
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. Image
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 Image
Want to stay on top of the European tech & startup scene? 🇪🇺

Every week, I share:

• The most exciting startups in Europe
• Emerging trends shaping our continental ecosystem
• Real stories from founders about what it's like building here

Join here: built-in-europe.beehiiv.com/subscribe

• • •

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More from @itsolelehmann

Ole Lehmann Profile picture
Apr 7
I'm sick of how bearish everyone is on Europe.

Q1 just finished and it was an ELECTRIC quarter for European startups.

Check out these European tech giants that raised $100M+ in Q1 2025 🧵: Image
Image
Image
Image
🇲🇹 VistaJet ($600M) is changing private aviation with its silver and red jet fleet serving 187 countries.

Its subscription model lets corporations and governments access luxury air travel without aircraft ownership risks.

Will transform how the elite move across continents. Image
Image
🇬🇧 Isomorphic Labs (€555M) just secured its first external funding to completely reinvent drug discovery using AI.

Founded by DeepMind's Sir Demis Hassabis.

They're using the same tech as AlphaFold to explore chemical possibilities that traditional pharma simply can't see. Image
Image
Read 12 tweets
Ole Lehmann Profile picture
Apr 7
Europe can't AFFORD to defend its skies from drone attacks.

The Pentagon knows it.
The Kremlin knows it.
Everyone knows it.

But this Swedish tech founder created a €10,000 missile to change the equation.

Why the Kreuger100 just reshaped the economics of modern warfare 🧵: Image
Image
In 2023, a small team in Stockholm asked:

What if you could take down million-dollar military drones with missiles that cost less than a used Toyota?

For decades, this was near-impossible economically.

Every effective anti-drone missile needed: Image
Expensive guidance systems, complex electronics, and costly materials.

That's why drone warfare is winning - it's just too expensive to shoot them down.

The economics simply don't work when you're firing million-dollar missiles at $50,000 drones. Image
Read 14 tweets
Ole Lehmann Profile picture
Apr 2
American Big Tech wants your children addicted to screens.

But these German founders said NO — and created a $1.03 billion toy empire by doing the exact opposite.

The untold story of Tonies (and their anti-Silicon Valley philosophy parents worldwide are embracing) 🧵: Image
It all started with a father's frustration.

Patric Faßbender was tired of scratched CDs and screen addiction destroying his kids' imagination.

So in 2013, he teamed up with Marcus Stahl in Düsseldorf, Germany to create something revolutionary:
A screen-free audio player specifically designed for children.

The result? The Toniebox.

A soft, squishy cube that plays stories and songs when you place character figurines on top.

No screens. No complicated controls. Just pure, imaginative storytelling.

Think about that: Image
Read 16 tweets
Ole Lehmann Profile picture
Apr 2
This $309B Danish company just found the Big Pharma holy grail.

They created a drug SO effective that:

• Hollywood can't stop abusing it
• Doctors can't fill prescriptions fast enough
• Made it Europe's biggest company

Here's how Novo Nordisk conquered obesity 🧵: Image
Image
In 1989, Novo Nordisk formed as a merger between 2 small Danish insulin makers.

But in 2017, everything changed.

They received FDA approval for Ozempic - a diabetes medication that helps control blood sugar.

But during trials, something unexpected happened:
Patients were losing significant weight without trying.

Unlike countless failed diet pills, Ozempic works differently:

• No reliance on willpower
• Makes you naturally feel full
• Slows down digestion
• One simple injection lasts a full week

As one user described: Image
Read 18 tweets
Ole Lehmann Profile picture
Mar 31
The most valuable European company isn't in tech, luxury, or energy.

It's a $309B Danish pharmaceutical that literally warped its nation's GDP.

One weekly injection SO powerful that celebrities can't stop abusing it.

The untold story of how Novo Nordisk conquered obesity 🧵: Image
Image
In 1989, Novo Nordisk formed as a merger between 2 small Danish insulin makers.

But in 2017, everything changed.

They received FDA approval for Ozempic - a diabetes medication that helps control blood sugar.

But during trials, something unexpected happened:
Patients were losing significant weight without trying.

Unlike countless failed diet pills, Ozempic works differently:

• No reliance on willpower
• Makes you naturally feel full
• Slows down digestion
• One simple injection lasts a full week

As one user described: Image
Read 18 tweets
Ole Lehmann Profile picture
Mar 31
China spent $41B trying to copy this Dutch technology.

They failed miserably.

Now a tiny town in the Netherlands controls the:

• Future of AI
• US-China tech war
• Every advanced military system

The untold story of how ASML became the most critical company in tech 🧵: Image
Image
First, let's understand what makes ASML special:

• They make machines that make computer chips
• Closest competitor is 10+ years behind
• Complete monopoly on advanced chip tech
• Every major tech company depends on them

But here's what makes this story fascinating...
ASML started in 1984 as a joint venture between Phillips and ASM International.

For years, they were just another equipment maker.

Then something changed everything:

Researchers realized we were hitting the limits of chip manufacturing.

Moore's Law was about to hit a wall. Image
Read 15 tweets

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