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Mistral Medium 3 vs o3

A detailed comparison of Mistral Medium 3 (Mistral) and o3 (OpenAI) across pricing, performance, and features.

Pricing Comparison

MetricMistral Medium 3o3Difference
Input / 1M tokens$0.40$0.40
Output / 1M tokens$2.00$1.60-20%
Context window128K200K
Max output16.384K100K

Benchmark Comparison

BenchmarkMistral Medium 3o3
MMLU-Pro76%87%
HumanEval87%94.5%
GPQA79.2%

Capabilities

CapabilityMistral Medium 3o3
code
reasoning
text
tool-use
vision

Mistral Medium 3 Strengths

  • Very affordable for mid-tier quality
  • Good multilingual performance

Mistral Medium 3 Weaknesses

  • Lags behind on reasoning benchmarks
  • Smaller community and tooling

o3 Strengths

  • Recently repriced — now very cheap
  • Excellent logical reasoning
  • 200K context window

o3 Weaknesses

  • Slower due to reasoning overhead
  • Overkill for simple tasks

Quick Verdict

Best value: o3 is the more affordable option at $0.4/$1.6 per 1M tokens.

Higher benchmarks: o3 scores higher on average across available benchmarks (86.9% avg).

Larger context: o3 supports 200K tokens.

Choose o3 if cost matters most. Choose Mistral Medium 3 if you need the best possible quality for complex tasks.

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