Mistral Small 3 24B vs Phi-3.5-MoE Instruct

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.

Phi-3.5-MoE Instruct

Microsoft

Phi-3.5-MoE-instruct is a sparse mixture-of-experts model from Microsoft's Phi research team, released in August 2024 with 42 billion total parameters across 16 experts and approximately 6.6 billion active parameters per forward pass. The model applies Microsoft's small-data, high-quality training philosophy — developed across earlier Phi generations — to a MoE architecture, targeting reasoning quality comparable to much larger dense models at a fraction of the inference compute. Released under the MIT license, it was notable in the research community for demonstrating that MoE efficiency gains could be realized at smaller total parameter counts than typical large-scale MoE deployments.