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Mistral Small 3

Free plan available

Efficient, open-source AI model rivaling larger competitors with lower resource requirements.

Open-source model
Efficient language processing
Low latency performance
Local deployment capability
Quantization support

About Mistral Small 3

Launched Feb 05, 2025

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Description

Efficient, open-source AI model rivaling larger competitors with lower resource requirements.

Mistral Small 3 is a 24B-parameter language model released under the Apache 2.0 license. It offers performance comparable to larger models like Llama 3.3 70B while being more than 3x faster on the same hardware. Designed for local deployment, it excels in tasks requiring robust language and instruction following with very low latency. The model can be quantized to run on a single RTX 4090 or a Macbook with 32GB RAM
Mistral Small 3 website

Mistral Small 3 Key Features

  • 24B parameters
  • Apache 2.0 license
  • Low latency (150 tokens/s)
  • 81% accuracy on MMLU
  • 32k context window
  • Multilingual support
  • Function calling capabilities
  • Optimized for quantization

Mistral Small 3 Use Cases

  • Fast-response conversational assistance
  • Low-latency function calling
  • Fine-tuning for subject matter experts
  • Local inference for sensitive data
  • Fraud detection in financial services
  • Customer triaging in healthcare
  • On-device command and control in robotics and manufacturing
  • Virtual customer service
  • Sentiment and feedback analysis

Pros

  • Efficient performance with 24B parameters, rivaling larger models like Llama 3.3 70B.
  • Open-source availability under the Apache 2.0 license, encouraging community use and development.
  • More than three times faster than larger models on the same hardware, enhancing user experience.
  • Designed for local deployment, ensuring privacy and control over data.
  • Excellent language and instruction following capabilities with low latency.
  • Quantization capability allows it to run on consumer-grade hardware like an RTX 4090 or a Macbook with 32GB RAM.

Cons

  • Potentially less support and community resources compared to more well-known models.
  • May not be as robust in handling highly complex tasks as larger models in every scenario.
  • Documentation and best practices for deployment may need further development for easier accessibility.

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