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Mistral claims its newest AI model delivers leading performance for the price


French AI startup Mistral is releasing a new AI model, Mistral Medium 3, that's focused on efficiency without compromising performance.

It also surpasses recent open models including Meta’s Llama 4 Maverick and Cohere’s Command A on popular AI performance evaluations. “On pricing, the model beats cost leaders such as DeepSeek v3, both in API and self-deployed systems.” Image Credits: MistralMistral, founded in 2023, is a frontier model lab, aiming to build a range of AI-powered services including a chatbot platform, Le Chat, and mobile apps.

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