GPT-4.1 nano vs Mistral Small 3 24B

GPT-4.1 nano

OpenAI

GPT-4.1 nano is OpenAI's smallest member of the GPT-4.1 family, released in April 2025 alongside GPT-4.1 and GPT-4.1 mini as the latency-optimized, cost-minimized option for high-throughput applications. Positioned below GPT-4.1 mini in both size and cost, it was designed for use cases where speed and affordability dominate over raw capability — including tool calling, intent classification, short-form instruction following, and retrieval-augmented lookup tasks. Unlike its larger siblings, it supports fine-tuning, making it a practical candidate for task-specific customization at scale without incurring the cost of fine-tuning larger models.

Mistral Small 3 24B

Mistral AI

Mistral Small 3 is a 24-billion-parameter open-weight language model from Mistral AI, released in January 2025 as an update to the Mistral Small line with targeted improvements to instruction-following, multilingual reasoning, and structured output quality. Released under Apache 2.0, it was designed for deployment on a single high-VRAM GPU, continuing Mistral's focus on practical efficiency over maximum scale. The model became a widely-used option for teams building internal tooling, customer-facing applications, and local inference pipelines that needed strong general capability without the operational overhead of larger models.