Why are we still obsessing over one company's big win as if it’s a blueprint for the entire AI Act? If we hadn't already poured so much attention into Mistral's fundraising, would we really be holding it up as proof for the AI Act's viability?
It feels like a classic case of sunk cost, where we keep focusing on this one example because we've already discussed it so much.
We need to look with fresh eyes at what the AI Act means for everyone, not just the rare unicorns.
For instance, my cousin trying to launch a small AI app from Lisbon doesn't have 21 billion euros to throw around, so Mistral's valuation doesn't tell him squat about his actual compliance costs or market access.
We should walk away from this singular focus and consider the practical impact on typical businesses.