Mistral AI's massive fundraising round is impressive, but if we hadn't already poured so much attention into linking it to the AI Act, would we still see it as proof the regulation is viable?
Most investors here in Portugal look at the team and market opportunity first, not just the regulatory landscape; that's like saying my son's good grades are all thanks to the new school rules, not his actual effort.
We need to walk away from the idea that this one deal is a blanket endorsement.
If their capital allocation shows they spend barely anything on compliance, their success really speaks more about their tech and talent acquisition than it does about the AI Act being a golden ticket.