20VC: Mistral CEO on Why Energy Is Not the Bottleneck to AI | Why OpenAI and Anthropic Will Come for Your Business | The Future of the Inference Market | Are Chinese Open-Source Models Truly Safe?

Sovereign AI is going to be the most important category. So the cost of energy at the end of the day is not the one thing that matters in the economic of a project. It's pretty clear that there is not enough compute. I mean the inference market behaves very much like a commodity market, which is pretty high margin today. He's our last hope. He is the last hope in Europe for us to build a Frontier AI lab. Yep, you guessed it. I have Arthur Manch, co-founder and CEO of Mr. Al on the show today. It is now a$21 billion company. It is the company that is keeping Europe relevant in the race for frontier models. This is Arthur, like you've never seen him before. He's unleashed. He's funny and he says some incredible things that I have to say I was not expecting. This was such a joy to do, and I'm so excited to welcome Arthur to the show. But before we dive into the show today, base 44 is one of those products I used and I just thought straight away, man, I wish I'd had this when I started 20 VC with$50 and no contacts in Vansha. I wanted to see what it could do. So I built a guest research hub for the show. Upcoming guests, company notes, previous interviews, sponsor contacts, follow ups, all in one amazing location. I described it in plain English. A few minutes later I had the product open in front of me.

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