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🗓️ 12 June 2025
⏱️ 12 minutes
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0:00.0 | Welcome to Tech News Briefing. It's Thursday, June 12th. I'm Victoria Craig for the Wall Street Journal. |
0:09.7 | Silicon Valley is a dominant force in the global AI race, but European customers say they want to break dependence on American firms. |
0:17.9 | Can a French startup be part of that solution? Then the world is running out of clean |
0:23.2 | water will introduce you to a technology that promises to fix the problem. But first, anxiety has |
0:31.8 | been rising in Europe since February when U.S. Vice President J.D. Vance took the stage at the Paris |
0:37.2 | AI summit and said this. |
0:39.4 | AI, we believe, is going to make us more productive, more prosperous, and more free. |
0:45.5 | The United States of America is the leader in AI, and our administration plans to keep it that way. |
0:51.4 | Vance criticized European regulations that the Trump administration worries |
0:55.3 | could constrain further development in artificial intelligence. But he said the U.S. is open to working |
1:01.6 | with European players. Now, French startup Mistral is stepping up to the plate. At the Viva Technology |
1:07.8 | Conference in Paris this week, WSJ Tech reporter Sam Shetner spoke to |
1:12.4 | Mistral's CEO who said demand for his company's AI tools is booming because, quote, |
1:17.5 | European leaders just don't want to be talked to that way. Sam, let's just back up a second |
1:22.6 | because I'm not sure Mistral is a household name for many of our listeners. So remind us what it is and what it does. |
1:29.5 | Mistral is a French company. It's less than two years old. And it is one of Europe's biggest |
1:37.6 | developers of large language models. It's a startup, but it's in competition with folks like |
1:42.9 | Open AI and Google when it comes to the market |
1:46.5 | of really developing this general purpose, generative AI tools for things like computer |
1:51.1 | coding, for chat bots, customer service, and their main clients are big companies and some |
1:57.9 | governments as well. So it wants to compete with the largest of the large companies |
2:02.7 | in this AI space. How competitive is it with its U.S. rivals? Because I think a lot of our audience |
... |
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