Do you think that companies and States will use "usable" models from Mistral (who has left the race anyway), or frontiers/near frontier ? It's akin to say that walking a good enough means of transportation and we don't need anything else. One day the guys in charriots will remind you of the dire reality.
I am not denying Mistral is not top tier anymore, (except OCR and STT for speed/efficency) just that the AI Act is not the reason they are not.
But we will see, they have very interesting Enterpise Use Cases, like with Mistral Forge.
And YannLeCun decided to build in Europe as well