Mistral is the model family from French AI lab Mistral AI, which mixes open-weight releases with commercial API-only models. The range covers general-purpose, coding, audio, and document tasks.
As of June 2026, Mistral’s models page presents a lineup that includes open-weight models such as Mistral Medium 3.5 (described as a 128B dense model released as open weights under a modified MIT license), along with Mistral Large, Mistral Small, Ministral, Devstral 2, the Voxtral audio models, and Mistral Nemo 12B. It also lists commercial “Premier” models available via API, including Codestral, an OCR model, Magistral Small, and embedding and moderation models. The page highlights Mistral Medium 3.5 as a flagship and Devstral 2 for software-engineering tasks. Names and versions change frequently.
Distribution is mixed: some models are open weights for self-hosting, while others are API-only commercial offerings.
Why business readers should care: Mistral is Europe’s leading frontier AI lab and a notable supplier of open-weight models, giving organizations a non-US option with deployment flexibility and data-residency advantages.