The EU has intentional structural hurdles to pouring money into a predetermined single company. Both hurdles meant to fight corruption and nepotism, and hurdles meant to ensure fairness between the member states. After all, money to Mistral is money to France too, and you don't want countries to abuse such mechanisms
It's not impossible, but China is just much better set up for the nessesary level of government support
China has cheap coal powered electricity and leaders that make things happen. Europe has beaureaucrats that only love talking, high taxes and expensive energy.
I've never heard or read anything about the EU planning on investing money in Mistral. They're a private company. They're French. It honestly sounds kind of absurd.
No, we want you to backup your claims and provide sources or stop adding pointless low effort anti-EU noise to the conversation. It's frustrating, any time there's any kind of discussion about anything European on HN it gets flooded with shallow, low effort "EU-bad" posts like your contributions here.
If you're going to make that claim at least put some effort in.
This is a mostly American forum and some people want to piss on the EU to elevate themselves. Europeans do the same to the US but about politics, health care, work life balance, and quality of life. You know, the stuff that matters :D
Meanwhile, Anthropic and OpenAI have investors practically begging them to let them buy this much equity at mind-bogging valuations.