This is the bar for Europe, huh?
There are none. Mistral Small 4 is pareto-competitive in its pricing bracket at $0.15/$0.60, at worst it's second to Gemma 4 26B A4B. The above countries have never had a model that is even close to being so.
This particular Mistral Medium looks to be uncompetitive at that pricing. I'm surprised it's so expensive given its size. Wonder if we'll see other providers offer it for cheaper.
but that doesn't mean Mistral has never produced anything useful.
Yes, it might be a problem that the UK allows companies like this to be bought up by foreign countries.
Unless the moved to US for funding while keeping a back office in the UK.
It’s strange to expect anything significant to come out from Europe when VCs there are either very risk averse and/or don’t have enough cash to begin with. It’s not like government or EU funding can replace that since its almost always wasted or missdirected
It’s not like VCs are only allowed to invest in companies in their own country.
In all honesty I believe ASML's success is mostly their own. Still, lamenting "being bought up by foreign countries" is a lame excuse.
EXAONE from LG AI Research https://huggingface.co/LGAI-EXAONE
They had one of the best small models a few months ago and they released a new model just last week.
There's also HyperCLOVA X (haven't tested it, but maybe it is also good) https://huggingface.co/naver-hyperclovax
> India
India has the Sarvam model series, which admittedly are not SotA, but they have pretty good voice capabilities https://huggingface.co/sarvamai
The UAE (not part of the list above) also has a few noteworthy models: https://huggingface.co/tiiuae
> (haven't tested it, but maybe it is also good)
I have. It is not.
More than anything the availability speaks for itself. If it was indeed pareto competitive, all dozens of model providers would be doing their best to offer it for serverless inference. They don't. There's maybe one that does. Do you think a lot of companies wouldn't prefer a Korean model over a Chinese one? In this case, the market speaks. Go talk to people who run business based on putting billions or trillions of tokens through open weights models. And how much time they put into optimization of model selection to save money and latency. And ask why none of them are using EXAONE models. It's not because we're not aware of their existence. There's also reason to believe they've been benchmaxxing more than Chinese models, btw. Have you done the vibecheck?
I wish they were strong, I hope that in the future, they are. More diversity is better. So far they have not yet been a serious option at any point.
Being near the Pareto frontier of inference cost vs. output quality.
This was released 6 days ago. The dust hasn't settled yet, and Mistral Small 4 was released earlier. Even if Deepseek V4-flash turns out to crush it, there was a period where it was Pareto competitive. None of the countries I named (i.e. no country that isn't China/US/Mistral) have had a Pareto competitive model at any point in time.
A few months ago China was being criticized left and right on how somehow it was not able to compete, and once DeepSeek showed up then all the hatred shifted onto how China was actually competing but exploring unfair competitive advantages.
Funny how that works.
Also, aren't the likes of OpenAI burning through over $2 of investment for each $1 of revenue?
Europe doesn't invest nowhere near as much as the US does into tech, so we need to either figure out how to be at least as, and hopefully more, efficient as the Chinese models are (at least in terms of training) or there's little point in trying.
I suspect this is one of the reasons why Mistral's models are somewhat struggling; i.e. US style training costs, but nowhere near as much cash as OpenAI/Anthopic have.
There are multiple European Google alternatives as well for example, but being 80% as good just doesn't cut it. Chinese models win because they are 95-98% as good as the SotA US ones but at a fraction of the cost.