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.
Why it matters: The official release provides benchmarks against Claude Sonnet 3.7, pricing, and deployment requirements, letting readers evaluate its cost-effectiveness for enterprise adoption.