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Mistral Launches New AI Model: Mistral Small 3
On Thursday, Paris-based AI company Mistral unveiled its latest artificial intelligence offering, the Mistral Small 3 model. Renowned for its development of open-source large language models, Mistral has made the newest model accessible across multiple platforms, including Hugging Face. The company asserts that Mistral Small 3 prioritizes speed, efficiency, and overall performance, boasting capabilities that allegedly surpass those of models that are twice its size. Internal assessments revealed that it outperformed OpenAI’s GPT-4o mini in various metrics.
Overview of Mistral Small 3
The Mistral Small 3 is described as a latency-optimized model featuring 24 billion parameters. In a detailed announcement, Mistral showcased the model’s dual-release nature, offering both pre-trained and instruction-tuned checkpoints tailored for diverse applications. The model’s availability under the Apache 2.0 license marks a significant shift, as Mistral transitions from its previous Mistral Research Licence (MRL), which was limited to academic and research contexts.
Notably, the new model was not developed using reinforcement learning techniques and does not incorporate synthetic data in its training processes. Mistral emphasizes this direct approach in training, potentially enhancing model authenticity and reliability.
Based on Mistral’s internal evaluations, the Mistral Small 3 excels in latency benchmarks, outperforming the GPT-4o mini as well as OpenAI’s models on rigorous tasks such as the Massive Multitask Language Understanding (MMLU) Pro and the Graduate-Level Google-Proof Q&A (GPQA) assessments. Furthermore, it stands competitively against the larger Llama 3.3 70B model, despite being significantly smaller in size.
The model is particularly advantageous for developers prioritizing efficiency and speedy response times in various applications. Recommended use cases include situations where conversational assistance demands rapid processing, scenarios necessitating low-latency function calls, or contexts where developers aim to create specialized chatbots through fine-tuning the language model.
Moreover, Mistral Small 3 caters to organizations keen on ensuring data privacy by enabling local inference capabilities on a single Nvidia RTX 4090 GPU. Developers can access and experiment with the model through its listing on Hugging Face, which is positioned to provide a comprehensive toolkit for leveraging this advanced AI technology.
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