They did not stop using it due to contamination. They said it's flawed and indirectly said anthropics results were impossible. It's very possible they are sore losers
I'm rooting for Mistral. It seems they are making a big bet that smaller models will win over larger ones and I can see it happening. I was running some simple chat and tool-calling benchmarks for small models and Mistral Small 4 performed well for it's price ($.15/$.60). Seeing this today got me excited, benchmarks seems solid compared to models much larger, but it's priced higher than Haiku, 5.4 mini, and all the the Chinese models it's comparing itself too. It's not even winning those benches either, just being competitive with them, which is great, those models are 5x+ the size, but they are also 1/2 the price. Hard to be excited about that.
This release Mistral really reminds you of the gap between the frontier labs and everyone else.
Pre-agent, there wasn't always an obvious difference between models. Various models had their charms. Nowadays, I don't want to entertain anything less than the frontier models. The difference in capability is enormous and choosing anything less has a real cost in terms of productivity.
I've been a big fan of the smaller labs like Mistral and especially Cohere but it's been a while since I've been excited by a release by either company.
That said, I'm using mistral voxtral realtime daily – it's great.
As always, rooting for these guys — model and national diversity is great. This looks like a solid foundation to build on; hopefully the 3.6/3.7 will dial in more gains. It looks like maybe from the computer use benchmarks that their vision pipeline could use improvement, but that’s just speculation.
The different results on some benchmarks vibes as if this is truly an independently trained model, not just exfiltrated frontier logs, which I think is also really important - having different weight architectures inside a particular model seems like a benefit on its own when viewed from a global systems architecture perspective.
One thing in particular I was disappointed in was its bad explanations when asking about French grammar. It made multiple mistakes and the other models got it right, even Qwen 3.6 27b!
I like the idea of Mistral, but the last time I evaluated Mistral Vibe it was really nice for $15/month but not as effective as Gemini Plus with AntiGravity and gemini-cli. I am currently running Gemini Ultra on a 3 month 'special deal' and AntiGravity with Opus 4.7 tokens is pretty much fantastic.
That said, when I stop spending money on Gemini Ultra, I will give Mistral Vibe another 1-month test.
I like the entire business model and vibe of Mistral so much more than OpenAI/Anthropic/Google but I also have stuff to get done. I am curious if Mistral Vibe for $15/month is a stable business model (i.e., can they make a profit).
How do you feel about the responsiveness of gemini-cli? I tried it on a paid plan and the 10-minute hang-ups (per step, not the whole plan execution) really break the illusion of performance gains, unless you run it in the background and do something else in the meantime. It's more noticeable when Americans are awake.
So that has the alias "mistral-medium-latest", but the official ID is "mistral-medium-2508" which suggests it's the model they released in August 2025.
But... that 1777479384 timestamp decodes to Wednesday, April 29, 2026 at 04:16:24 PM UTC
I believe they'll get profitable sooner than their frontier competition. Their operating costs seem to peanuts compared to the providers they're compared to most often while having the local advantage of not being Chinese nor American.
Difficult to say, this information is not really public. That said, those investors include EU agencies and European multinational companies and governments. It’s not as flashy as the ridiculous sums OpenAI is getting but it should be enough to keep them going for a while.
They also have a different business model. They are selling their expertise to fine tune and adapt their models to on-premises computers (which they can help you build) to handle confidential data and information. I would not be surprised that the revenue they get from normal people is negligible in comparison.
I'm not sure what people are on in the comments. It doesn't beat the other models, but it sure competes despite its size.
GLM 5.1 is an excellent model, but even at Q4 you're looking at ~400GB.
Kimi K2.5 is really good too, and at Q4 quantization you're looking at almost ~600GB.
This model? You can run it at Q4 with 70GB of VRAM. This is approaching consumer level territory (you can get a Mac Studio with 128GB of RAM for ~3500 USD).
For the Claude-pilled people, I don't know if you only run Opus but when I was on the Pro plan Sonnet was already extremely capable. This beats the latest Sonnet while running locally, without anyone charging you extra for having HERMES.md in your repo, or locking you out of your account on a whim.
Mistral has never been competitive at the frontier, but maybe that is not what we need from them. Having Pareto models that get you 80% of the frontier at 20% of the cost/size sounds really good to me.
> This model? You can run it at Q4 with 70GB of VRAM. This is approaching consumer level territory (you can get a Mac Studio with 128GB of RAM for ~3500 USD).
The one thing I would want everyone curious about local LLMs to know is that being able to run a model and being able to run a model fast are two very different thresholds. You can get these models to run on a 128GB Mac, but we need to first tell if Q4 retains enough quality (models have different sensitivities to quantization) and how fast it runs.
For running async work and background tasks the prompt processing and token generation speeds matter less, but a lot of Mac Studio buyers have discovered the hard way that it's not going to be as responsive as working with a model hosted in the cloud on proper hardware.
For most people without hard requirements for on-site processing, the best use case for this model would be going through one of the OpenRouter hosted providers for it and paying by token.
> This beats the latest Sonnet while running locally
Almost every open weight model launch this year has come with claims that it matches or exceeds Sonnet. I've been trying a lot of them and I have yet to see it in practice, even when the benchmarks show a clear lead.
> For $3500 I can get 7-8 years of GLM using coding plans, have a faster model and much better code quality.
I know HN's distaste for crypto, but I do my inference (for personal stuff - not my employer) through Venice. I was in the airdrop for VVV, and kept as much of it staked as I could. I have ~$40/day in inference as long as that service lasts.
These days the multiplier is about 1000x last I checked; if you want $10/day in inference and can lock up $10k in VVV, you get ~$10/day in inference plus (currently) ~16% APY in the form of more VVV.
I'm not sure I'd want to invest that much if I had to today, but it's a reasonable option. The risk of VVV going to $0 seems pretty small to me.
> For the Claude-pilled people, I don't know if you only run Opus but when I was on the Pro plan Sonnet was already extremely capable.
Before February I was able to use Opus on High exclusively on my Max plan no problem. Now I've shifted to just using Sonnet on high and yeah, its pretty capable. I love that, Claude Pilled. ;)
Yeah, you can run it locally if you have enough VRAM, but the reports trickling in are saying about 3 tok/sec. This was on a Strix Halo box which definitely has the needed VRAM, but isn't going to have as high mem bandwidth as a GPU card, it's going to be similar on a Mac - that's the dilemma... the unified memory machines have the VRAM, but the bandwidth isn't great for running dense models. This size of a dense model is only going to be runnable (usefully) by very few people who have multiple GPU cards with enough memory to add up to about 70GB.
I would love to be able to run frontier locally, but I think the larger importance of open weight models is price accountability.
In the US with our broken system of capitalism, it’s the only way we can tether these companies to reality. Left to their own devices, I’m not convinced they would actually compete with each other on price.
Buy nobody like to talk about how “moat” building is fundamentally anti-competitive, even in name.
Funny that self proclaimed capitalists hate the system in practice. Commodity pricing is what truly terrifies them.
Compared to all other hosted LLMs that I have tested, Mistral seems to be the only one with rather strict CSP headers. When you ask them to create a website with some javascript library it will not preview, even though le chat offers canvas mode.
Sometimes when a new release comes around from any provider I just want to test it a bit on the web. without paying and using an agent harness.
I'm using mistral-medium-2508 for some text transformation operations. It's giving me better results than mistral-large for my use cases.
Looking forward to testing this new model, although I'm not sure if it's really meant at replacing the previous medium model since it's a lot more expensive and presented more as a coding / agentic model (mistral-medium-2508 was priced $0.4/$2 per 1M tokens, mistral-medium-3.5 is $1,5/$7.5).
This is a very interesting strategy that might pay off. This model is a very good option for enterprise self host. I would argue a lot of companies are VRAM constrained rather than compute constrained. You could fit 4-5 running instances on one H100 cluster where you can only fit 1-2 Kimi K2 or GLM5.
Given what Vibe already did in the previous versions with codestral-v2, that's great news. Keep up the good work ! I don't want to depend on the world's two hungry superpowers.
With most OSS releases being MoEs, and modern GPUs optimized for MoEs, can somebody with knowledge of the topic explain or speculate why Mistral might have opted for a dense model?
The Vibe CLI is really bad on Windows, sure they don’t officially support it, so can’t blame them, but a FYI for anyone wanting to try it. It can’t get find and replace right.
For it's size, that's really good! Though I bet it being a dense model probably helps a lot, if it was MoE at that size, I bet the benchmark performance would go quite a bit down (which consequently would also mean that I'd at least be able to run it with decent tokens/second, with the bunch of Nvidia L4 cards available to me, which presently are only okay with MoE models).
It's cool that they added comparisons to their own Mistral Small 4 119B A7B, which kind of shows that! They could have also included comparisons to something like Qwen Coder Next 80B A3B (or maybe the newer Qwen 3.6 35B A3B, or the 27B dense one), maybe DeepSeek V4 Flash 284B A13B, or the older GPT-OSS 120B A5B to illustrate that difference and where their model sits even better, it would probably give a more positive picture than just comparing themselves against a bunch of bigger models!
Come to think of it, alongside throwing some money at DeepSeek not just Anthropic, I probably should get a Mistral subscription as well sometime, to see how they perform on various tasks - cause they seem pretty cost effective and it's nice to support at least some EU orgs: https://mistral.ai/pricing
The problem with this model is that DeepSeek v4 Flash runs quite well quantized to 2 bit (see https://github.com/antirez/llama.cpp-deepseek-v4-flash), at 30 t/s generation and 400 t/s prefill in a M3 Ultra (and not too much slower on a 128GB MacBook Pro M3 Max). It works as a good coding agent with opencode/pi, tool calling is very reliable, and so forth. All this at a speed that a 120B dense model can never achieve. So it has to compete not just with models that fit 4-bit quantized the same size, but with an 86GB GGUF file of DeepSeek v4 Flash, and it is not very easy to win in practical terms for local inference.
Note: I have more uncommitted speed improvements in my tree that I'll push soon, the current tree could be a little bit slower but not much, still super usable.
I don't understand one thing about Mistral, which I'm a fan being in Europe: they opened the open weights MoE show with Mixtral. Why are they now releasing dense models of significant sizes? In this way you don't compete in any credible space, nor local inference, nor remote inference since the model is far from SOTA and not cheap to serve. So why they are training such dense big models? Dense models have a place in the few tens of billion parameters, as Qwen 3.6 27B shows, but if you go 5 times that, it is no longer a fit, unless you are crushing with capabilities anything requiring the same VRAM, which is not the case.
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[ 1.9 ms ] story [ 63.6 ms ] threadDoesn't look to promising. Is there any reason to consider Mistral other than it's not US?
https://huggingface.co/mistralai/Mistral-Medium-3.5-128B
They more or less claim this exceeds Claude Sonnet 3.5 on most things, but is worse than Sonnet 3.6, and exceeds all other open models.
Oh and they have a cloud service that will code your apps "in the cloud". But, yeah, at this point, so does my cat.
And, yes, unsloth is on it: https://huggingface.co/unsloth/Mistral-Medium-3.5-128B-GGUF (but 4bit quant is 75G)
Pre-agent, there wasn't always an obvious difference between models. Various models had their charms. Nowadays, I don't want to entertain anything less than the frontier models. The difference in capability is enormous and choosing anything less has a real cost in terms of productivity.
I've been a big fan of the smaller labs like Mistral and especially Cohere but it's been a while since I've been excited by a release by either company.
That said, I'm using mistral voxtral realtime daily – it's great.
The different results on some benchmarks vibes as if this is truly an independently trained model, not just exfiltrated frontier logs, which I think is also really important - having different weight architectures inside a particular model seems like a benefit on its own when viewed from a global systems architecture perspective.
One thing in particular I was disappointed in was its bad explanations when asking about French grammar. It made multiple mistakes and the other models got it right, even Qwen 3.6 27b!
Anyway, I'm hoping they catch up some more.
That said, when I stop spending money on Gemini Ultra, I will give Mistral Vibe another 1-month test.
I like the entire business model and vibe of Mistral so much more than OpenAI/Anthropic/Google but I also have stuff to get done. I am curious if Mistral Vibe for $15/month is a stable business model (i.e., can they make a profit).
Their model listing API returns this:
So that has the alias "mistral-medium-latest", but the official ID is "mistral-medium-2508" which suggests it's the model they released in August 2025.But... that 1777479384 timestamp decodes to Wednesday, April 29, 2026 at 04:16:24 PM UTC
So is that the new Mistral Medium?
They were perhaps right.
Difficult to say, this information is not really public. That said, those investors include EU agencies and European multinational companies and governments. It’s not as flashy as the ridiculous sums OpenAI is getting but it should be enough to keep them going for a while.
They also have a different business model. They are selling their expertise to fine tune and adapt their models to on-premises computers (which they can help you build) to handle confidential data and information. I would not be surprised that the revenue they get from normal people is negligible in comparison.
GLM 5.1 is an excellent model, but even at Q4 you're looking at ~400GB. Kimi K2.5 is really good too, and at Q4 quantization you're looking at almost ~600GB.
This model? You can run it at Q4 with 70GB of VRAM. This is approaching consumer level territory (you can get a Mac Studio with 128GB of RAM for ~3500 USD).
For the Claude-pilled people, I don't know if you only run Opus but when I was on the Pro plan Sonnet was already extremely capable. This beats the latest Sonnet while running locally, without anyone charging you extra for having HERMES.md in your repo, or locking you out of your account on a whim.
Mistral has never been competitive at the frontier, but maybe that is not what we need from them. Having Pareto models that get you 80% of the frontier at 20% of the cost/size sounds really good to me.
[1]: There is no other common benchmark in the blog.
https://chatgpt.com/share/69f239e8-7414-83a8-8fdd-6308906e5f...
Tldr: qwen3.6-27b, a 4.7x smaller model, have similar performance.
The one thing I would want everyone curious about local LLMs to know is that being able to run a model and being able to run a model fast are two very different thresholds. You can get these models to run on a 128GB Mac, but we need to first tell if Q4 retains enough quality (models have different sensitivities to quantization) and how fast it runs.
For running async work and background tasks the prompt processing and token generation speeds matter less, but a lot of Mac Studio buyers have discovered the hard way that it's not going to be as responsive as working with a model hosted in the cloud on proper hardware.
For most people without hard requirements for on-site processing, the best use case for this model would be going through one of the OpenRouter hosted providers for it and paying by token.
> This beats the latest Sonnet while running locally
Almost every open weight model launch this year has come with claims that it matches or exceeds Sonnet. I've been trying a lot of them and I have yet to see it in practice, even when the benchmarks show a clear lead.
Not sure it will beat Sonet at Q4.
>This is approaching consumer level territory (you can get a Mac Studio with 128GB of RAM for ~3500 USD).
For $3500 I can get 7-8 years of GLM using coding plans, have a faster model and much better code quality.
I know HN's distaste for crypto, but I do my inference (for personal stuff - not my employer) through Venice. I was in the airdrop for VVV, and kept as much of it staked as I could. I have ~$40/day in inference as long as that service lasts.
These days the multiplier is about 1000x last I checked; if you want $10/day in inference and can lock up $10k in VVV, you get ~$10/day in inference plus (currently) ~16% APY in the form of more VVV.
I'm not sure I'd want to invest that much if I had to today, but it's a reasonable option. The risk of VVV going to $0 seems pretty small to me.
Before February I was able to use Opus on High exclusively on my Max plan no problem. Now I've shifted to just using Sonnet on high and yeah, its pretty capable. I love that, Claude Pilled. ;)
In the US with our broken system of capitalism, it’s the only way we can tether these companies to reality. Left to their own devices, I’m not convinced they would actually compete with each other on price.
Buy nobody like to talk about how “moat” building is fundamentally anti-competitive, even in name.
Funny that self proclaimed capitalists hate the system in practice. Commodity pricing is what truly terrifies them.
Sad to see all the non Chinese open source models being at least one generation behind.
Not really.
- The benchmarks are based on F8_E4M3 and you’re not running that on any Mac.
- Sonnet has a 1M token context window. This is 256k but again you’re probably not even getting that locally.
- Sonnet is fast over the wire. This is going to be much slower.
But what is the rationale for running a dumb model? Because it can ocasionally produce something passable?
I don't get where is the value apart from mild entertainment, as in "I am somewhat of Anthropic myself".
Sometimes when a new release comes around from any provider I just want to test it a bit on the web. without paying and using an agent harness.
Why are they like this ;_;
Edit: Christ on a bike it's bad at drawing SVGs https://chat.mistral.ai/chat/23214adb-5530-4af9-bb47-90f5219...
It's cool that they added comparisons to their own Mistral Small 4 119B A7B, which kind of shows that! They could have also included comparisons to something like Qwen Coder Next 80B A3B (or maybe the newer Qwen 3.6 35B A3B, or the 27B dense one), maybe DeepSeek V4 Flash 284B A13B, or the older GPT-OSS 120B A5B to illustrate that difference and where their model sits even better, it would probably give a more positive picture than just comparing themselves against a bunch of bigger models!
Come to think of it, alongside throwing some money at DeepSeek not just Anthropic, I probably should get a Mistral subscription as well sometime, to see how they perform on various tasks - cause they seem pretty cost effective and it's nice to support at least some EU orgs: https://mistral.ai/pricing
Note: I have more uncommitted speed improvements in my tree that I'll push soon, the current tree could be a little bit slower but not much, still super usable.
I don't understand one thing about Mistral, which I'm a fan being in Europe: they opened the open weights MoE show with Mixtral. Why are they now releasing dense models of significant sizes? In this way you don't compete in any credible space, nor local inference, nor remote inference since the model is far from SOTA and not cheap to serve. So why they are training such dense big models? Dense models have a place in the few tens of billion parameters, as Qwen 3.6 27B shows, but if you go 5 times that, it is no longer a fit, unless you are crushing with capabilities anything requiring the same VRAM, which is not the case.