Mistral-CEO and co-founder Arthur Mensch asked Europe to invest more in the AI infrastructure, since the continent falls behind in technical development behind the USA and China.
“It is important that European players come to the game,” said Mensch yesterday at the Visionaries Steckded Conference in Paris. “Europe has to invest in the possession and operation of the infrastructure so that the money that is earned is not only due to the hyperscalers in the United States.”
People were accompanied by a cohort by technical luminars at the conference, including Deepmind founder Demis Hassabis, LinkedIn co-founder Reid Hoffman, the anthropic founder Dario Amodei and the former Google CEO Eric Schmidt. Many of them repeated human feeling.
“Ambition in Europe is par or higher than in the USA – it is not a talent problem, but a structural,” said Schmidt.
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Xavier Niel, a French billionaire technology investor, added that the continent had to keep control of AI developments.
“Models that were built in the USA and China are not built with the same life we have in Europe” 3 billion € to promote AI development in France.
“I don't want our children to rely on models that are not created with the same rules that we have in Europe so that the people in my country or my continent cannot have any models that they can rely on.”
According to a press release, founders and investors of the event repeatedly demanded regulation in Europe, which is “flexible enough” to support innovation and competitiveness.
The call comes when the EU progresses with its groundbreaking AI law Urgent force last year. The law contains a rule book for the management of the AI, which is based on risk levels to ensure that the technology is used safely, transparently and ethically.
The United States is moving in a completely different direction. While the EU imposes strict rules, the Trump administration eliminates AI protection and gives the executives of the tech sector an outstanding role.
On the AI Action Summit in Paris this week, US Vice President JD Vance have criticized The efforts of the EU to regulate the burgeoning AI sector. He said the Trump government would not accept foreign governments that “tighten” the screws on US technology companies.
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