Microsoft-Mistral AI deal faces EU scrutiny
Microsoft’s deal with Mistral AI has prompted calls by EU lawmakers for an investigation. The US tech giant's partnership with OpenAI is already under scrutiny. IGTV's Angeline Ong looks at what’s at stake.
(AI Video Summary)
EU lawmakers call for investigation into Microsoft-Mistral AI deal
In an exciting move, Microsoft has revealed its collaboration with French tech startup Mistral AI to bring their cutting-edge AI models to the Azure cloud computing platform. However, this partnership has raised concerns among policymakers in Brussels, as Mistral AI has been advocating for more relaxed rules regarding certain AI models. Microsoft has clarified that they have invested in Mistral AI but do not hold any ownership in the company. Brando Benefei, a member of the European Parliament, expressed satisfaction that the safety of General Purpose AI models for systemic risk had not been compromised.
Shaping the future of AI regulations
Microsoft's deal with Mistral AI has captured the attention of industry experts. The plan is to integrate Mistral's advanced AI technology into Microsoft's Azure platform, providing customers with access to this groundbreaking innovation. Alongside this, Microsoft has made an investment in Mistral AI, although they do not have an ownership stake. This announcement coincides with ongoing discussions surrounding the safety and regulations of AI, particularly for General Purpose AI models that pose systemic risks.
Brando Benefei, a passionate advocate for stringent AI regulations and a member of the European Parliament, pointed out that Mistral AI had been involved in lobbying for looser rules regarding certain AI models. This statement raises concerns that Microsoft's partnership with Mistral AI might align them with companies pushing for relaxed regulations. The mention of Mistral's lobbying efforts highlights the significant role this French startup has played in shaping AI regulations.
Although the news has not caused any major fluctuations in Microsoft's stock price, analysts and industry insiders are closely monitoring the situation. They recognise the potential impact this collaboration could have on AI regulations and the broader AI ecosystem.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
