It's certainly true that Mistral AI securing 3 billion euros signals strong market confidence, and that confidence could extend to the regulatory landscape like the AI Act.
This kind of investment suggests that institutional investors see a future where AI companies can thrive under current or proposed regulations, which is a charitable reading of the situation.
However, attributing the overall viability of a broad regulatory framework to one company's success is an oversimplification, like saying a single app working perfectly means the entire operating system is bug-free.
We need to see how the AI Act impacts a much wider array of AI development, from small open-source projects to large enterprises, before declaring it viable.
For example, what about the many smaller startups that don't have the legal teams to navigate complex compliance paperwork?