Mistral Releases Small 3.1 with Native Vision and Small 4 Hybrid Multimodal Model for Enterprise

Mistral released Mistral Small 3.1, a 24B parameter model adding native image understanding to the Small series for the first time, runnable on a single A100 GPU and available for self-hosting via Hugging Face or API via La Plateforme — positioned as a cost-efficient alternative for document OCR and visual QA tasks. Mistral also unveiled Mistral Small 4, a hybrid multimodal 119B parameter model (6B active per token) unifying reasoning, multimodal, and agentic coding capabilities with a reported 40% reduction in completion time versus its predecessor. Developers on X/Twitter noted Mistral Small 3.1 undercuts GPT-4o Mini on price for OCR tasks but raised questions about benchmark transparency.