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Mistral AI drops new open-source model that outperforms GPT-4o Mini with fraction of parameters

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More 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 siz...

Read more at venturebeat.com

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