Mistral Small 3.1 24B Instruct vs o4 mini

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.

o4 mini

OpenAI

OpenAI o4 mini, released by OpenAI in April 2025, is a compact reasoning model from the o4 family that combines multimodal understanding with efficient chain-of-thought processing. It features a 200K token context window and native image understanding, with strong performance on mathematics and coding benchmarks relative to its inference cost. o4 mini targets cost-sensitive applications requiring both visual reasoning and mathematical accuracy.