Mistral CEO and co-founder Arthur Mensch has urged Europe to invest more in AI infrastructure amid fears that the continent is lagging behind the US and China in technology development.
“It’s important that European players come to the game,” Mensch said at a visionary meeting held in Paris yesterday. “Europe needs to invest in the ownership and operation of infrastructure so that the money being made will not just return to the US hyperschool.”
Mensch has a cohort of high-tech celebrities including Demis Hassavis, Linked co-founder Reed Hoffman, founder of humanity Dario Amodei and former Google CEO Eric Schmidt. I attended the meeting. Many of them reflected Mensch’s feelings.
“European ambitions are equal or greater than the US. It’s not a matter of talent, it’s a matter of structure,” Schmidt said.
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Xavier Niel, a French billionaire technology investor, added that the continent must maintain control of AI development.
“Models built in the US and China are not built with the same kind of lifestyles that we have in Europe,” said Neil, who was recently pledged by telecommunications company Iliad. 3 billion euros to advance AI development in France.
“We don’t want our kids to rely on models that aren’t created with the same rules we have in Europe because we don’t have models that people in our countries and continents can rely on.”
According to a press release, the event’s founders and investors have repeatedly sought regulations in Europe that are flexible enough to support innovation and competitiveness.
Calls come when the EU promotes its groundbreaking AI law. I’ve gained strength last year. The law sets out a rulebook for governing AI based on risk levels and is designed to ensure that technology is deployed safely, transparently and ethically.
Meanwhile, the US is moving in a very different direction. The EU imposes strict rules, but the Trump administration has removed AI protections and has given a prominent role to leaders in the tech sector in government.
Vice President of the US JD Vance at the AI Action Summit held in Paris this week It was criticized EU efforts to regulate the fast-growing AI sector. He said the Trump administration would not accept foreign governments to “tighten the screws” of US tech companies.
