Mistral Small 3.1

Mistral Small 3 is a 24B-parameter LLM licensed under Apache-2.0. It focuses on low-latency, high-efficiency instruction following, maintaining performance comparable to larger models. It provides quick, accurate responses for conversational agents, function calling, and domain-specific fine-tuning. Suitable for local inference when quantized, it rivals models 2–3× its size while using significantly fewer compute resources.