Mistralai Mistral Small 24B Instruct 2501, developed by Mistral AI, features 24B parameters. Mistral Small 3 is a 24B-parameter language model optimised for low-latency performance across common AI tasks. Released under the Apache 2.0 license, it features both pre-trained and instruction-tuned versions designed for efficient local deployment. The model achieves 81% accuracy on the MMLU benchmark and performs competitively with larger models like Llama 3.3 70B and Qwen 32B, while operating at three times the speed on equivalent hardware. [Read the blog post about the model here.](https://mistral.ai/news/mistral-small-3/) Priced affordably at $0.03/1M tokens.
Visit Mistral: Mistral Small 3AI-Powered
Leverages advanced AI technology to deliver cutting-edge capabilities and results.
Fast & Efficient
Optimized performance ensures quick results without compromising on quality.
Purpose-Built
Specifically designed for llms tasks and workflows.
Mistralai Model Timeline
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Specifications
AI Evaluation
Speed-optimized for rapid responses without significant quality compromise. Perfect for interactive applications, real-time assistance, and high-throughput scenarios.
Pros
- Budget-friendly at $0.03/1M tokens
- Low-latency responses
- Precise instruction following
- Natural conversation flow
Cons
- Speed/quality trade-off
- API integration required
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