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Mistral Large Latest vs o3 Mini

This page is context-first: how much text each model can take in one request. Full specs adds capabilities and limits; the pricing matrix below is only about $/million tokens from hosts that list both models.

Mistral

Model

Mistral Large Latest

Tool calling

Context window

32K

32,000 tokens · ~24K words

Model page
Openai

Model

o3 Mini

Tool calling

Context window

200K

200,000 tokens · ~150K words

Model page

Context window · side by side

Bar length is relative to the larger of the two windows (100% = max of this pair). This is not pricing.

Mistral Large Latest32K
o3 Mini200K

o3 Mini has about 6.3× the context window of the other in this pair.

o3 Mini has 525% more context capacity (200K vs 32K tokens). Mistral Large Latest is 54% cheaper on input.

Quick verdicts

Short takeaways — validate with your own workloads.

  • Long document processing

    Use o3 Mini. Its 200K context fits entire documents without chunking (vs 32K).

  • RAG / high-volume retrieval

    Use Mistral Large Latest. Input tokens are 54% cheaper — critical when sending large retrieved contexts.

Full specs

Context, output, capabilities, and dates. Green highlights the favorable value where we compute a winner.

SpecMistral Large Latesto3 Mini
Context window32,000 tokens (32K)200,000 tokens (200K)
Max output tokensN/A100,000 tokens (100K)
Speed tierDeepFast
VisionNoNo
Function callingYesYes
Extended thinkingNoYes
Prompt cachingNoYes
Batch APINoYes
Release dateN/AJan 2025

Pricing matrix

Dollar rates only: hosts that list both models, per 1M tokens. For how much text fits, use the context section above — not this table.

ProviderMistral Large Latest inMistral Large Latest outo3 Mini ino3 Mini out
Azure$8.00/M$24.00/M$1.10/M$4.40/M
Google Vertex$2.00/M$6.00/M
Mistral$0.500/M$1.50/M
Openai$1.10/M$4.40/M
Openrouter$1.10/M$4.40/M

Frequently asked questions

o3 Mini has a larger context window: 200K tokens vs 32K. For long documents, large codebases, or extended agent sessions, the larger context window reduces the need to chunk inputs or summarize history.

Powered by Mem0

Use a smaller model.
Get better results.

Mem0 gives your AI long-term memory so you stop re-sending context on every call. That means you can use a smaller, faster, cheaper model — and still get better answers.

Example: a multi-turn chat session

Without Mem0~128K tokens sent
Full history
Repeated info
Old context
With Mem0~20K tokens sent
Key memories
Current turn

80% less to send — works with any model