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Mistral’s first reasoning model, Magistral, launches with large and small Apache 2.0 version


The company is signaling that the future of reasoning AI will be both powerful and, in a meaningful way, open to all.

While Mistral built its reputation on powerful open models, its recent release of Medium 3 as a purely proprietary offering drew concern from some quarters of the open-source community, who worried the company was drifting towards a more closed ecosystem, similar to competitors like OpenAI. Credit: VentureBeat made with Google Gemini 2.5 Pro (Preview)While it is considerably more expensive than specialized models like DeepSeek-Reasoner, it is an order of magnitude cheaper than Anthropic’s flagship Claude Opus 4, making it a compelling value proposition for customers seeking state-of-the-art reasoning without paying the absolute highest market prices. A new “Think mode” and “Flash Answers” feature in Le Chat reportedly enables Magistral Medium to achieve up to 10 times the token throughput of competitors, facilitating real-time reasoning at a scale previously unseen.

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