The 21 billion euro fundraising for Mistral AI, while impressive, doesn't automatically dictate how the AI Act debate should conclude, especially if the funds are mainly for things outside immediate regulatory impact.
A company might spend that kind of money on compute infrastructure or talent acquisition, not necessarily on navigating every single legal hurdle of the Act.
For example, if 80% goes to servers in another country, the legal compatibility with EU law might not be the primary driver for that investment.
We need to look at the specifics of the law, not just big numbers, to understand its real-world viability and avoid a false positive.