Mistral Small 3.1 24B Instruct vs o3

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.

o3

OpenAI

OpenAI o3, released by OpenAI in April 2025, is a large reasoning model that applies extended chain-of-thought processing to deliver improved performance on complex math, science, and coding tasks. It features a 200K token context window and native image understanding, with demonstrated strong results on mathematics and software engineering benchmarks. o3 targets demanding analytical and engineering tasks where deliberate, multi-step reasoning produces significantly better outcomes than direct generation.