The nonprofit board will retain control, but now investor billions hang in the balance.

Scraps? Pretty sure they’re just delaying the official announcement. Most of their operations are now running with money as the motivation

haverholm
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Most of their operations are now running with money as the motivation

Let’s be real, that was always their end goal. They were never “open” except in name. Their free services were only to a) build a user base, and b) use it as unpaid beta testers.

You get investors so you can invest in society right? Right?

haverholm
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Yes… In society… What else?

Kualdir
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They’ll keep trying, better to move to something like Le Chat to at least support a fairer company.

But Mistral is strictly for profit though.

Kualdir
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Did my phrasing imply they’re not? I said a fairer company, they’re open about being for profit and are made in the EU with proper GDPR compliance (you never know with american companies, just look at the recent fines for apple and facebook)

Ollama has the best GDPR compliance: my hardware, my data.

I thought you were comparing the funding structure between the two companies, with the article being that openai was going full for-profit. Between openai’s hybrid model and Mistral’s for-profit model, I don’t see how Mistral will become a better company if they reach openai’s level.

I do like that they have to follow gdpr though.

Lmao, of course they backed off, they need to say they’re going to do it to get cash to keep going, but they can’t actually do it.

Because the moment they go for profit they’re gonna have to start explaining how they loose money on every single user of the product, all the way up to the highest tier of subscription. Then people might start asking hard questions like “wait…isn’t this more expensive to run than just having a person do these things?”

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