Arthur Mensch, CEO and co-founder of French startup Mistral AI, argues that artificial intelligence is software and therefore controllable, countering widespread fears of an 'AI-pocalypse.' He claims American tech giants are exploiting AI risk narratives to dominate and close the market to competitors. Mensch advocates for open, accessible, and freely modifiable AI development. Despite raising €3 billion in early September, Mistral AI faces criticism for lagging behind U.S. and Chinese rivals.

Mensch defended the company’s strategy, announcing a new AI model launch 'in the coming weeks.' He also proposed introducing 'state guarantees' to support funding for European data centers. The full article is available only to subscribers.