AI Models · Open-Source vs Paid

Llama 4 Maverick Open vs Mistral Large 3 2512 Paid

Llama 4 Maverick vs Mistral Large 3 2512 compared — price per token, context window, multimodality, openness and which to choose. Can the open-source model replace the paid one? Full 2026 breakdown.

Prices & specs refreshed from live data · olud.ai

Open-model prices = cheapest provider via OpenRouter; official maker rates may be higher.

Llama 4 MaverickOpenMeta
$0.19 /M input
$0.65 /M outputNo per-token fees if you self-host
TypeOpen-weight
Context window524K tokens
MultimodalYes
Self-hostYes
Mistral Large 3 2512PaidMistral AI
$0.5 /M input
$1.5 /M outputManaged API (no infra to run)
TypeProprietary
Context window262K tokens
MultimodalYes
Self-hostNo
Choose Llama 4 Maverick if you want to self-host, keep your data private and skip per-token fees — it's open-weight and runs on your own hardware. Choose Mistral Large 3 2512 if you want frontier capability through a managed API with zero infrastructure to run.

Llama 4 Maverick vs Mistral Large 3 2512 specs

SpecLlama 4 MaverickMistral Large 3 2512Winner
MakerMetaMistral AI–
TypeOpen-weightProprietaryLlama 4 Maverick
Context window524K tokens262K tokensLlama 4 Maverick
Input price$0.19/M · free self-host$0.5/MLlama 4 Maverick
Output price$0.65/M · free self-host$1.5/MLlama 4 Maverick
Vision / multimodalYesYes= Tie
Tool / function callingYesYes= Tie
Self-hostableYesNo (API only)Llama 4 Maverick
LicenseLlama CommunityProprietaryLlama 4 Maverick

Price gap & when to choose each

2.3×cheaper per output token

Llama 4 Maverick is ~2.3× cheaper than Mistral Large 3 2512 on output tokens ($0.65 vs $1.5 per M tokens).

Choose Llama 4 Maverick if…
  • You want to self-host or run on your cloud
  • You need the longer 524K context window
  • You prioritize data privacy & control
  • You want the lowest operating costs
  • You are building open or reproducible AI
Choose Mistral Large 3 2512 if…
  • You want frontier performance through a managed API
  • You value reliability & ecosystem
  • You don't want to manage infrastructure

Feature comparison

CapabilityLlama 4 MaverickMistral Large 3 2512
Open weights (downloadable)✓✗
Self-hostable✓✗
Runs fully offline✓✗
Vision / multimodal✓✓
Tool / function calling✓✓
1M+ context window✗✗

Benchmarks: Llama 4 Maverick vs Mistral Large 3 2512

Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).

Llama 4 Maverick
Mistral Large 3 2512
Intelligence index
9.3
9.3
Coding index
16.3
20.1
Math index
19.3
38
GPQA
67.1%
68%
MMLU-Pro
80.9%
80.7%
Humanity's Last Exam
4.9%
4.2%
Long Context Reasoning
50%
36%
LiveCodeBench
39.7%
46.5%
SciCode
31.7%
36.6%
MATH-500
88.9%
–
AIME
39%
–
AIME 2025
19.3%
38%
IFBench
43%
36.2%
τ²-Bench
17.8%
24.6%
τ-Bench Banking
3.7%
5.8%
Terminal-Bench
7.9%
12%
Terminal-Bench Hard
6.8%
15.9%
Speed
54.4 tok/s
0 tok/s
Latency
0.61s
0s
Intelligence per $
22.3
12.4

Benchmark data by Artificial Analysis.

How Llama 4 Maverick and Mistral Large 3 2512 score

🏆 Best value & openness: Llama 4 Maverick (4.9 vs 3.2 / 5)
CriterionLlama 4 MaverickMistral Large 3 2512
Cost-efficiency5.04.5
Context window4.54.0
Openness5.01.5
Self-hosting5.01.0
Multimodality5.05.0

Scores come from live data — output price (cost), context length, open vs closed weights (openness & self-hosting) and vision/tool support (multimodality). Raw task quality isn't scored here; it depends on your benchmark — see the verdict.

What each model is

Llama 4 Maverick Open

Meta · Open-weight

Llama 4 Maverick 17B Instruct (128E) is a high-capacity multimodal language model from Meta, built on a mixture-of-experts (MoE) architecture with 128 experts and 17 billion active parameters per forward...

Mistral Large 3 2512 Paid

Mistral AI · Proprietary

Mistral Large 3 2512 is Mistral’s most capable model to date, featuring a sparse mixture-of-experts architecture with 41B active parameters (675B total), and released under the Apache 2.0 license.

Other models in these families

These variants are tracked but not compared here — one page per family keeps the comparison readable.

Other variants tracked
Llama 3.3 70B InstructLlama 3.1 8B InstructLlama 3.1 70B InstructLlama 4 ScoutHermes 3 70B InstructLlama 3.2 3B InstructLlama 3.2 1B InstructAion-RP 1.0 (8B)Hermes 3 405B InstructLlama 3.1 Euryale 70B v2.2Llama Guard 4 12BLlama 3 8B Lunaris

Frequently asked questions

Is Llama 4 Maverick as good as Mistral Large 3 2512?

Llama 4 Maverick is open-weight and competitive on many tasks, but Mistral Large 3 2512 may still lead on the hardest reasoning and agentic work. The gap keeps narrowing — benchmark both on your actual use case before deciding.

Can I run Llama 4 Maverick locally?

Yes. Llama 4 Maverick has open weights, so you can self-host it on your own GPUs or run it via a low-cost API. Mistral Large 3 2512 is API-only and cannot be self-hosted.

How much cheaper is Llama 4 Maverick?

Llama 4 Maverick costs $0.65/M output vs $1.5/M for Mistral Large 3 2512 — roughly 2x cheaper via API, and free if you self-host.

Llama 4 Maverick vs Mistral Large 3 2512 — which should I pick in 2026?

Choose Llama 4 Maverick if you want to self-host, keep your data private and skip per-token fees — it's open-weight and runs on your own hardware. Choose Mistral Large 3 2512 if you want frontier capability through a managed API with zero infrastructure to run.

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