Mistral is a family of efficient open and hosted models spanning edge deployment through frontier-scale multimodal workloads. Mistral 3 is the current generation.
Mistral AI launched Mistral 7B in September 2023 and followed it with the Mixtral mixture-of-experts models and hosted Small and Large tiers. Mistral 3, released in December 2025 under Apache 2.0, includes dense 3B, 8B, and 14B Ministral models plus Mistral Large 3, a 675B-parameter mixture-of-experts model with 41B active parameters. The family supports instruction tuning, reasoning variants, multilingual use, code, and image understanding.
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Nemotron is NVIDIA's open model family for efficient reasoning, coding, long-context analysis, and agent orchestration. Nemotron 3 Ultra is the current flagship.
NVIDIA introduced the Nemotron 3 family in December 2025 with Nano, Super, and Ultra tiers. Nemotron 3 Ultra, released in June 2026, is a 550B-parameter hybrid Mamba-Transformer mixture-of-experts model with 55B active parameters and a one-million-token context window. It is optimized for long-running agent workflows, tool use, code, multilingual reasoning, and high-stakes retrieval. NVIDIA publishes the weights, training data, recipes, and fine-tuning workflows under the OpenMDW-1.1 license.
Further reading