VentureBeat January 30, 2025
Mistral AI, the rapidly ascending European artificial intelligence startup, unveiled a new language model today that it claims matches the performance of models three times its size while dramatically reducing computing costs — a development that could reshape the economics of advanced AI deployment.
The new model, called Mistral Small 3, has 24 billion parameters and achieves 81% accuracy on standard benchmarks while processing 150 tokens per second. The company is releasing it under the permissive Apache 2.0 license, allowing businesses to freely modify and deploy it.
“We believe it is the best model among all models of less than 70 billion parameters,” said Guillaume Lample, Mistral’s chief science officer, in an exclusive interview with VentureBeat. “We estimate that it’s...
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