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AI/TLDR

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Model comparison

Mistral Medium 3 vs Mistral Medium (2023)

Short answer

Mistral Medium 3 is cheaper on input tokens ($0.4 vs $2.8 per 1M, 6.9×); Mistral Medium 3 has the larger context window (128K vs 32K).

Specs and pricing side by side

SpecMistral Medium 3Mistral Medium (2023)
MakerMistral AIMistral AIsame
Released2025-05-072023-12-11
Context window128K32K tokens
Input price$0.40 / 1M tokens$2.75
Output price$2.00 / 1M tokens$8.10
Parametersnot publishedUndisclosed (Mistral never published the model size)
LicenseProprietaryProprietary (commercial API only)
WeightsAPI onlyAPI onlysame
ModalitiesText, Vision, PDFtext-in, text-out
Knowledge cutoffNot disclosedNot disclosed by Mistral AI

Not published by either maker: max output.

Benchmarks both models report

These two models have no benchmark in common in our registry, so there is no like-for-like score to compare. See each model’s own results: Mistral Medium 3, Mistral Medium (2023).

Which one should you pick?

Pick Mistral Medium 3 if…

  • Cost matters: input tokens cost 6.9× less ($0.4 vs $2.8 per 1M).
  • You need the longer context (128K vs 32K).
  • You need Text / Vision / PDF input, which Mistral Medium (2023) lacks.
  • Your use case is: cost-sensitive enterprise coding assistants and code generation.

Pick Mistral Medium (2023) if…

  • You need text-in / text-out input, which Mistral Medium 3 lacks.
  • Your use case is: general-purpose chat and instruction following in English and major European languages (historical).

FAQ

Which is better, Mistral Medium 3 or Mistral Medium (2023)?

Mistral Medium 3 is cheaper on input tokens ($0.4 vs $2.8 per 1M, 6.9×); Mistral Medium 3 has the larger context window (128K vs 32K). The better pick depends on whether you value benchmark scores, price per token, context length or openness for your workload.

How much cheaper is Mistral Medium 3?

Mistral Medium 3: $0.40 / 1M tokens input, $2.00 / 1M tokens output. Mistral Medium (2023): $2.75 input, $8.10 output (list API prices as published by each maker).

What are the context windows of Mistral Medium 3 and Mistral Medium (2023)?

Mistral Medium 3 offers 128K; Mistral Medium (2023) offers 32K tokens.

Is Mistral Medium 3 newer than Mistral Medium (2023)?

Mistral Medium 3 was released 2025-05-07; Mistral Medium (2023) was released 2023-12-11.

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