The growth trajectory of Mistral AI, while impressive, doesn't automatically mean that AI regulation is compatible with all forms of capital investment across the board.
One company's success doesn't set a universal mandate for how others will fare under the EU AI Act; many smaller AI firms will face significant compliance costs and legal hurdles.
These costs could be prohibited for many startups, especially in a jurisdiction like Canada where resources might be different.
We need to look at specific operational approvals and actual implementation costs for various sizes of companies, not just one large investment.