OpenAI's CEO Sam Altman and Mistral AI's CEO Arthur Mensch discuss the commoditization of foundation models in AI, market strategies, potential returns, and the future of AI development. They explore challenges in investing in foundation models, advancements in AI models, and strategies for building on AI models to create value in different layers. The podcast also touches on the co-pilot strategy in startups, disrupting incumbents, and the importance of distribution, data, and user experience.

Arthur Mensch, CEO and co-founder of Mistral AI, discusses the open-source revolution in AI, Mistral 7B's release, scaling laws, starting a company in France, and their next projects. The podcast also covers optimization at DeepMind, dangerous capabilities of models, the bio weapon narrative, concerns and guardrails for AI models, and the emerging AI ecosystem in Europe.

Former DeepMind research scientist turned Mistral AI Co-Founder Arthur Mensch shares lessons learned from DeepMind, scaling Mistral to $2 billion, open-sourcing models, cost of compute in AI, and the strategic shift to a mix of open and closed models in business.

Guests Arthur Mensch and Stefano Ermon discuss open foundation models and video models, emphasizing the importance of neutrality in technology and the regulation of AI applications. They explore the evolution of language models, the advantages of open-source collaboration, and the future prospects of specialized AI models. Additionally, they delve into the challenges and advancements in generating longer videos, showcasing how physics aids in accurate predictions and data compression in 3D models.

CEO of Mistral AI, Arthur Mensch, discusses open-source vs closed-source models, partnership strategy, next frontiers for LLMs, AI regulation, and global language diversity. They touch on Mistral's origins, releasing Le Chat, and the hype around AI advancements in material science.