
Mistral releases Small 3 24B model, competing with Llama 3.3 70B, Qwen 32B
Mistral AI has launched Mistral Small 3, a 24-billion-parameter open-source AI model that rivals larger models like Meta’s Llama 3.3 70B in performance while being faster and cheaper. Designed for on-premises deployment, it targets industries like finance and healthcare, offering advanced AI capabilities without the high costs of Big Tech solutions.