Kimi K2 vs Mistral Small 3.1 24B Instruct

Moonshot AI

Kimi K2, released by Moonshot AI on July 11, 2025, is an open-weight Mixture-of-Experts large language model with 1 trillion total parameters and 32 billion active parameters per inference. It features a 256K token context window (expanded from 128K in an September 2025 update) and demonstrated strong performance on agentic coding benchmarks. Kimi K2 targets software engineering agents, tool-use workflows, and open-source deployments under a modified MIT license.

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.