Medium is the new large.

Mistral AI released Mistral Medium 3, positioned as a new class of model with SOTA performance at 8x lower cost. It reaches or exceeds 90% of Claude Sonnet 3.7 on benchmarks, is priced at $0.4 input / $2 output per M token, surpasses Llama 4 Maverick and Cohere Command A, and can be self-deployed on 4 or more GPUs.