The Mistral AI valuation at 21 billion euros feels like a lot of hype, which might sway how some folks view the AI Act's viability, but it doesn't prove anything for the average company.
One big successful fish in the ocean doesn't mean every sardine is swimming easy; it’s like saying because one restaurant in Porto got a Michelin star, every tasca in the country can now afford a fancy chef and still charge €8 for a prato do dia.
What changes for the small Portuguese startup trying to follow the AI Act with a fraction of Mistral's real cash? Probably nothing, other than more paperwork and less sleep.