AI lab · updated 22 October 2026
Is Mistral AI winning the AI race?
Not right now. Mistral AI is #9 of 10 on the AI Race index, 37.8 points behind the leader, Meta.
#9 56.5 ±0.0 in 24h
Mistral AI at a glance
- Flagship model
- Mistral Large 4, released 2026-10
- Based in
- Paris, FR
- Valuation
- Series D, Sep 2026 (€21B post-money ≈ $24.4B)
- Attention, 24h
- 69/100 · 10 stories, 321 HN points (not counted in the index)
Europe's frontier contender, betting on open weights and sovereignty.
What the score is made of
| Component | Weight | Mistral |
|---|---|---|
| Capability | 55% | 69.0 |
| Release velocity | 25% | 24.5 |
| Compute & capital | 20% | 62.0 |
The index is a 7-day average. Capability comes from the Artificial Analysis Intelligence Index and LMArena, release velocity from model launches on OpenRouter, and capital from valuations or market caps. News attention is shown but never counted. How the index works.
Latest Mistral AI models
- Mistral Large 4 · 6 October 2026
- Mistral Medium 3.5 · 30 April 2026
- Mistral Small 4 · 16 March 2026
- Devstral 2 2512 · 9 December 2025
- Ministral 3 14B 2512 · 2 December 2025
Mistral AI in the news
- Mistral Voxtral 3: Speech AI Hits $0.0035/Min [2026] · shattered.io
- Mistral Opens Large 4 Preview: 1T Params, 49B Active [2026] · shattered.io
- DeepSeek vs Mistral Large 4 vs Cohere: 9x Price Gap [2026] · tech-insider.org
- Mistral AI, NVIDIA Expand Partnership Into Engineering Simulation · www.tokenpost.com
- Mistral and Nvidia team up to bring AI into engineering simulation · Crypto Briefing
- Mistral Voxtral 3 Cuts Full Voice Agent Pipeline to One SDK at $0.04/min, Beats Whisper · Tech Times
- Mistral Advances AI for Engineering with NVIDIA · Howl.link
- 'Voxtral 3' is a suite of voice AI capable of real-time transcription and voice cloning of specific individuals. · GIGAZINE
How Mistral AI compares
| # | Lab | Index | 24h | Flagship |
|---|---|---|---|---|
| 1 | Meta | 94.3 | −0.1 | Muse Wonder |
| 2 | Anthropic | 91.6 | −0.1 | Claude Opus 5.5 |
| 3 | Google DeepMind | 89.7 | −0.1 | Gemini 4 Argon |
| 4 | Alibaba Qwen | 80.6 | −0.1 | Qwen3.8-Max |
| 5 | OpenAI | 80.4 | ±0.0 | GPT-6 Astra |
| 6 | DeepSeek | 73.8 | −0.1 | DeepSeek V4.1-Flash |
| 7 | xAI | 70.8 | −0.1 | Grok 4.7 |
| 8 | Moonshot AI | 58.8 | ±0.0 | Kimi K3 |
| 9 | Mistral AI | 56.5 | ±0.0 | Mistral Large 4 |
| 10 | Apple | 50.1 | ±0.0 | Siri AI (iOS 27) |
Head to head: OpenAI vs Mistral AI