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title: Mistral’s Mensch warns Europe of ‘leftovers’ if it quits...
description: Mistral CEO Arthur Mensch warns Europe will get 'leftovers' if it stops building frontier AI models. He argues Europe already pays over €260bn a year to...
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# Mistral’s Mensch warns Europe of ‘leftovers’ if it quits frontier AI

**[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments

## Summary

Mistral CEO Arthur Mensch warns Europe will get 'leftovers' if it stops building frontier AI models. He argues Europe already pays over €260bn a year to American cloud and software providers, and that whoever owns closed models sets the price and rules. Mistral, valued at €21bn in September, plans to increase its computing capacity sixfold over the next year. DeepL's CEO Jarek Kutylowski backs the same view, while Commission president Ursula von der Leyen and Legora's Max Junestrand argue Europe should focus on AI applications instead. The Commission has started work on seven AI compute hubs, a €30bn project.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/frontier-ai-europe-mistral-mensch-deepl>

## Questions this post answers

### How much does Europe currently pay American cloud and software providers each year, according to Mistral's CEO?

More than €260bn a year, according to Mistral CEO Arthur Mensch. He compares this to Europe's experience with the internet, where it failed to build competitive platforms and now depends economically on American cloud and software providers, a pattern he warns will repeat with AI if Europe exits the race for frontier models.

_Anyone weighing AI infrastructure costs and vendor dependence can follow this debate on daily.dev._

### What is Mistral's valuation and computing expansion plan?

Mistral was valued at €21bn in September. The Paris-based AI company plans to increase its computing capacity sixfold over the next year and raise additional capital, as CEO Arthur Mensch pushes back against calls for Europe to abandon frontier AI model development in favor of US and Chinese alternatives.

_Developers tracking European AI infrastructure investment can follow Mistral's progress on daily.dev._

### What is the EU's €30bn AI compute hubs project?

The European Commission started work at the end of July on seven AI compute hubs as part of a €30bn project, aimed at building the computing power needed to train and run frontier AI models in Europe. Separately, Italy's Domyn leads a consortium training a frontier model covering every EU language.

_Those evaluating where European AI infrastructure is headed can track funding developments like this on daily.dev._

## Similar posts on daily.dev

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- [How France’s Mistral Built A $14 Billion AI Empire By Not Being American](https://daily.dev/posts/how-france-s-mistral-built-a-14-billion-ai-empire-by-not-being-american-ukl4ojkvu) · Hacker News · 3 upvotes · 1 comments
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---

Tags: [#ai-governance](https://daily.dev/tags/ai-governance), [#mistral-ai](https://daily.dev/tags/mistral-ai)

[View this post on daily.dev](https://daily.dev/posts/mistral-s-mensch-warns-europe-of-leftovers-if-it-quits-frontier-ai-xpiusibg2)

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