I don’t think they can make a direct competitor. An LLM is expensive to run and getting a good LLM model requires lots of spend.

I like the idea of a private cloud LLM, but based on my experience with Mistral (an EU based LLM service), it is noticeably less useful than ChatGPT and especially Gemini for work use cases.

Bases on some basic test prompts (related to finding sources and documents related to specific parts of government budgets in different countries all around the world), Lumo did not perform well. Only some general suggestions for sources were provided.

It would be great to see Lumo improve, but I have my doubts.