Meta vs 
Mistral AI
Verdict
- Meta's flagship leads: Muse Wonder Full at 70.6 vs Mistral Large 4 at 56.7.
- Meta has the better model in 3 of 4 price bands.
- Meta's fastest ranked model (Muse Spark 1.2, 307 tok/s) beats Mistral AI's (Ministral 3 3B, 207 tok/s).
- Mistral AI publishes more open-weights models (32 vs 19).
- Mistral AI ships more often: one model every 28 days against every 40.
Best model per price band
Each provider’s highest-index model below the price ceiling. Purple marks the winner of the band.
| Price band | Meta | Mistral AI |
|---|---|---|
| Under $0.50/M | Llama 4 Maverick 42.8$0.418/M | Mistral Small 4 thinking 45.6$0.262/M |
| Under $2/M | Muse Glimmer 54.7$0.525/M | Mistral Medium 3.1 46.1$0.800/M |
| Under $10/M | Muse Wonder max 67.5$8.00/M | Mistral Large 4 56.7$2.06/M |
| Any price | Muse Wonder max 67.5$8.00/M | Mistral Large 4 56.7$2.06/M |
Line-up
| Metric | Meta | Mistral AI |
|---|---|---|
| Flagship index | 70.6 | 56.7 |
| Ranked models | 27 | 31 |
| Open-weights models | 19 | 32 |
| Cheapest ranked, $/M | $0.048 | $0.058 |
| Fastest ranked, tok/s | 307 | 207 |
| Release cadence, days | 40 | 28 |
| Last release | 15 Oct 2026 | 6 Oct 2026 |
| Next expected | 8 Nov 2026 – 10 Dec 2026 | 22 Oct 2026 – 14 Nov 2026 |
Data as of 25 Oct 2026. See Meta and Mistral AI in full.