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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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.

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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.

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