Llama-3.1 Nemotron Ultra 253B vs Mistral Small 3 24B

Llama-3.1 Nemotron Ultra 253B

NVIDIA

Llama-3.1-Nemotron-Ultra-253B-v1 is a 253-billion-parameter model from NVIDIA, derived from Meta's Llama 3.1 405B using neural architecture search (NAS) compression combined with NVIDIA's Nemotron post-training pipeline, which recovers and exceeds the base model's capability after structural compression. Released in April 2025, it supports toggling between a standard instruction mode and an extended reasoning mode via system prompt, allowing the same model to handle both rapid responses and deliberate chain-of-thought tasks. It is the flagship of the Nemotron family, available open-weight on HuggingFace and through NVIDIA NIM for enterprise inference.

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.