The Mistral AI fundraising reaching 21 billion euros isn't some magic bullet that automatically validates the AI Act's regulatory viability; that's not how these things typically work, historically speaking.
We've seen plenty of market excitement ebb and flow, and it's never been the sole measure of whether a legal framework stands up.
If one company's success were enough to prove regulatory viability, then any startup failing would make the entire law instantly unviable, which is hardly a solid foundation.
We should always refer back to precedent when judging the real impact of new regulations, not just a flashy headline.
Think about the dot-com bubble; a lot of money was thrown around, but it didn't mean every business model or regulation was sound.