Mistral CEO mocks claims former French minister turned €200 into €90M in Mistral shares

arthurmensch · x · 2026-09-21

Mistral co-founder and CEO Arthur Mensch responded sarcastically to viral accusations against the company: former Macron digital minister Cédric O invested under €200 and now holds a €90M Mistral share portfolio; an EPFL team trained an LLM as capable as Mistral's for under €40M. The quoted thread alleges Mistral has stopped growing its engineering team, relies almost entirely on public contracts steered by the Élysée, and ships freely downloadable previous-generation Chinese models to clients — calling it a major industrial scandal. Mensch's reply mocks the accusers without denying the figures.

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