Mistral AI vs 
Xiaomi
Verdict
- Xiaomi's flagship leads: MiMo-V2.6-Pro at 64.0 vs Mistral Large 4 at 56.7.
- Xiaomi has the better model in 4 of 4 price bands.
- Mistral AI's fastest ranked model (Ministral 3 3B, 207 tok/s) beats Xiaomi's (MiMo-V2.5, 75 tok/s).
- Mistral AI publishes more open-weights models (32 vs 5).
- Xiaomi ships more often: one model every 26 days against every 28.
Best model per price band
Each provider’s highest-index model below the price ceiling. Purple marks the winner of the band.
| Price band | Mistral AI | Xiaomi |
|---|---|---|
| Under $0.50/M | Mistral Small 4 thinking 45.6$0.262/M | MiMo-V2.6-Flash 59.7$0.175/M |
| Under $2/M | Mistral Medium 3.1 46.1$0.800/M | MiMo-V2.6-Pro 64.0$0.548/M |
| Under $10/M | Mistral Large 4 56.7$2.06/M | MiMo-V2.6-Pro 64.0$0.548/M |
| Any price | Mistral Large 4 56.7$2.06/M | MiMo-V2.6-Pro 64.0$0.548/M |
Line-up
| Metric | Mistral AI | Xiaomi |
|---|---|---|
| Flagship index | 56.7 | 64.0 |
| Ranked models | 31 | 7 |
| Open-weights models | 32 | 5 |
| Cheapest ranked, $/M | $0.058 | $0.150 |
| Fastest ranked, tok/s | 207 | 75 |
| Release cadence, days | 28 | 26 |
| Last release | 6 Oct 2026 | 21 Sept 2026 |
| Next expected | 22 Oct 2026 – 14 Nov 2026 | 6 Oct 2026 – 27 Oct 2026 |
Data as of 25 Oct 2026. See Mistral AI and Xiaomi in full.