Mistral AI drops new open-source model that outperforms GPT-4o Mini with fraction of parameters
March 18, 2025
French artificial-intelligence startup Mistral AI unveiled a new open-source model today that the company says outperforms similar offerings from Google and OpenAI, setting the stage for increased competition in a market dominated by U.S. tech giants.
The model, called Mistral Small 3.1, processes both text and images with just 24 billion parameters—a fraction of the size of leading proprietary…