DeepSeek V4 Flash 0731 vs Mistral Large 3 2512

DeepSeek V4 Flash 0731 vs Mistral Large 3 2512: which AI model is cheaper, has the larger context window and more capabilities? Side-by-side comparison updated daily.

Quick verdict

  • DeepSeek V4 Flash 0731 is 8.0× cheaper than Mistral Large 3 2512 for the same mix of input and output tokens.
  • DeepSeek V4 Flash 0731 has the larger context window (1M), useful for long documents and big codebases.
  • DeepSeek V4 Flash 0731 is the more recent release (Jul 31, 2026).
  • Only DeepSeek V4 Flash 0731 supports extended reasoning.
  • Only DeepSeek V4 Flash 0731 has openly published weights you can run yourself.
  • Only Mistral Large 3 2512 accepts images as input.
  • DeepSeek V4 Flash 0731 scores higher on independent tests (overall index 154.5 vs 122.0).
  • DeepSeek V4 Flash 0731 is both cheaper and better rated: for most uses it is the better choice.
DeepSeek V4 Flash 0731Mistral Large 3 2512
CompanyDeepSeekMistral AI
ReleasedJul 31, 2026 ●Dec 1, 2025
Overall index154.5 ●122.0
GPQA Diamond91.0% ●51.3%
AIME math94.4% ●8.5%
FrontierMath57.5%—
SimpleQA Verified33.6%—
Input (per 1M tokens)$0.018 ●$0.50
Output (per 1M tokens)$0.32 ●$1.50
Cost for 1M input + 1M output tokens$0.338 ●$2.00
Providers30 ●2
Context1M ●256K
Max output944K ●210K
InputsTextText, Image, Files ●
OutputsTextText
Reasoning✓—
Tool use✓✓
Structured output✓✓
Open weights✓—

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