Mistral will go nowhere. They will be bankrupt in a few years, and investors will lose most of their investments. No, it's not due to lack of CompSci and AI talent. It's rules, regulations and inability to find anyone willing to use whatever product they come up with.
Yes, It's a sterotype to say that the French have great aesthetics/are good at "art" and Germans have great engineering/are good at "maths and science", but it's a positive one for both.