Western companies debut open-weight AI models...
October 07, 2026View Online | Sign Up | Shop
Newsletter Logo

Presented By

Sponsor Logo: Amazon Prime

Hey, peeps. Warren Buffett is just like us. The newly retired investor is apparently spending his evenings going down random YouTube rabbit holes, including clips of Uzbekistan’s version of America’s Got Talent.

Finally, a billionaire with a hobby we can relate to.

—Dave Lozo, Sam Klebanov, Matty Merritt, Adam Epstein, Neal Freyman

In today’s newsletter, we’ll get into:

  • New open-weight models shaking up the AI landscape
  • Why students all over France are protesting
  • Why comedians are very mad at SiriusXM

Markets

Nasdaq

27,599.79

S&P

7,818.93

Dow

51,521.28

10-Year

5.269%

Bitcoin

$85,581.27

Constellation

$300.4

Data is provided by

*Stock data as of market close, cryptocurrency data as of 4:30pm ET. Here's what these numbers mean.

  • Markets: Stocks did an impression of Rob Gronkowski after scoring a touchdown and spiked yesterday, sending the Nasdaq to another record high as AI optimism continued to fuel the tech sector. Meanwhile, Constellation Energy went nuclear after striking a 20-year deal to supply Google with power.

OPEN FOR BUSINESS

New open-weight AI models could disrupt the industry

Photo illustration of a neon sign that reads NOW OPEN in red letters, with a few AI sparks also in neon.

Illustration: Morning Brew Inc., Photo: Unsplash

Two Western companies are releasing open-weight AI models tailored toward businesses and governments that they claim are as powerful as the leading models offered by China—and could eventually rival some of the biggest closed models from US-based tech giants.

Open weight? Is this about boxing? No, actually. Open weight means that, unlike with closed weight models, users can download and customize them with their own proprietary data. They are also cheaper to run than the difficult-to-budget closed models, which could present a new challenge for US-based AI leaders Anthropic, Google, and OpenAI.

The new players

US-based Reflection AI, which Nvidia financially backs, is launching its first model, Beam, which it says is adept at coding and agentic tasks. Meanwhile, France-based Mistral is debuting Mistral Large 4, called “Le Chonk” due to its 1 trillion parameters...which is a chonky (industry term) amount of parameters.

Should these new models have the capabilities claimed by their companies, they could be massive disruptors to the status quo:

  • Businesses and governments in the West are currently hesitant to use the Chinese open models due to security concerns. Reflection and Mistral could be the answer.
  • OpenAI and Anthropic—already facing growing security concerns—may have new competition as they prepare to go public.

Speaking of security: By putting powerful models that anyone can tweak into circulation, it creates the potential for even more cybersecurity issues. But Reflection and Mistral see another side of the coin: Mistral VP of Science Pierre Stock told Axios that more availability of models can help improve defenses and allows researchers to audit the technology.

More to come: Reflection will release full technical details of Beam later this month. Mistral’s Le Chonk, which is currently only being previewed for developers, will have a wider release on Oct. 27 after more testing, per Axios.—DL

Sponsored By Amazon Prime

’Tis the shopping preseason

Sponsor: Amazon Prime

Holiday gifting season is just around the corner—and holiday deals are happening right now. Prime Big Deal Days ends tonight. Check everyone off your list now and skip the last-minute December scramble.

With deals across fall fashion, home decor, beauty, and more, you can treat yourself ahead of the holiday rush. Whether you’re in the market for cozy fall essentials like candles and blankets or need to replace your laptop, there’s something for everyone.

Shop Prime Big Deal Days now.

World

Tour de headlines

Photo illustration of two shipping containers being lifted or lowered by a crane - the one in the front is blue and the one behind is red.

Morning Brew Inc.