GPT-5 Mini vs Mistral Small 3.1 24B Instruct

GPT-5 Mini

OpenAI

GPT-5 mini, released by OpenAI in August 2025, is a smaller variant from the GPT-5 family that inherits GPT-5's unified reasoning architecture and multimodal capabilities at a reduced inference cost. It targets high-volume production use cases requiring a balance of intelligence and response speed, offering GPT-5 capabilities for applications where full GPT-5 inference costs are a concern.

Mistral Small 3.1 24B Instruct

Mistral AI

Mistral Small 3.1 is a 24-billion-parameter multimodal model from Mistral AI, released in March 2025 as an update to Mistral Small 3 that added vision understanding and expanded the context window from 32K to 128K tokens. The model accepts both text and image inputs, broadening its applicability to document analysis, image-grounded reasoning, and mixed-media workflows without requiring an increase in parameter count. Released under Apache 2.0, it continued Mistral's pattern of incremental capability gains delivered in compact, practically deployable open-weight packages.