AI Models · Open-Source vs Open-Source

Nemotron 3 Ultra Open vs Mistral Large 3 2512 Open

Nemotron 3 Ultra vs Mistral Large 3 2512 compared — price per token, context window, multimodality, openness and which to choose. Full 2026 breakdown.

Prices & specs refreshed from live data · olud.ai

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

Choose Mistral Large 3 2512 for the lower output price ($1.5/M vs $3.6/M). Choose Nemotron 3 Ultra if you need the larger 512K context window.

Nemotron 3 Ultra vs Mistral Large 3 2512 specs

SpecNemotron 3 UltraMistral Large 3 2512
MakerNVIDIAMistral AI
TypeOpen-weightOpen-weight
Context window512K tokens262K tokens
Input price$0.6/M · free self-host$0.5/M · free self-host
Output price$3.6/M · free self-host$1.5/M · free self-host
Vision / multimodalNoYes
Tool / function callingYesYes
Self-hostableYesYes
LicenseNVIDIA Open ModelApache 2.0

Feature comparison

CapabilityNemotron 3 UltraMistral Large 3 2512
Open weights (downloadable)
Self-hostable
Runs fully offline
Vision / multimodal
Tool / function calling
1M+ context window

Benchmarks: Nemotron 3 Ultra vs Mistral Large 3 2512

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

Nemotron 3 Ultra
Mistral Large 3 2512
Intelligence index
37.8
15.9
Coding index
49.3
20.1
GPQA
86.7%
68%
Humanity's Last Exam
26.6%
4.1%
Long Context Reasoning
67%
34.7%
SciCode
39.9%
36.2%
IFBench
81.4%
36.2%
τ²-Bench
83.3%
24.6%
τ-Bench Banking
13.8%
5.8%
Terminal-Bench
53.9%
12%
Terminal-Bench Hard
36.4%
15.9%
Math index
38
MMLU-Pro
80.7%
LiveCodeBench
46.5%
AIME 2025
38%
Speed
199.6 tok/s
60.9 tok/s
Latency
0.92s
1.05s
Intelligence per $
32.2
21.2

Benchmark data by Artificial Analysis.

How Nemotron 3 Ultra and Mistral Large 3 2512 score

🏆 Best value & openness: Mistral Large 3 2512 (4.7 vs 4.4 / 5)
CriterionNemotron 3 UltraMistral Large 3 2512
Cost-efficiency4.04.5
Context window4.54.0
Openness5.05.0
Self-hosting5.05.0
Multimodality3.55.0

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

Nemotron 3 Ultra Open

NVIDIA · Open-weight

NVIDIA Nemotron 3 Ultra is an open frontier-reasoning and orchestration model from NVIDIA, with 55B active parameters out of 550B total (MoE). Built on a hybrid Transformer-Mamba mixture-of-experts architecture, it...

Mistral Large 3 2512 Open

Mistral AI · Open-weight

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
Nemotron 3 Ultra (free)Nemotron 3 SuperNemotron 3 Super (free)Nemotron 3 Nano Omni (free)Nemotron 3 Nano 30B A3BNemotron 3 Nano 30B A3B (free)Nemotron Nano 12B 2 VL (free)Nemotron Nano 9B V2 (free)Nemotron 3.5 Content Safety (free)
Other variants tracked
Mistral Medium 3.5Mistral Small 4Devstral 2 2512Mistral Medium 3.1Mistral Small 3.1 24BMistral Medium 3Ministral 3 14B 2512Mistral Small 3.2 24BMinistral 3 8B 2512Mistral LargeMistral Large 2407Mistral Small 3SabaMinistral 3 3B 2512Mixtral 8x22B InstructCodestral 2508UncensoredVoxtral Small 24B 2507Mistral Nemo

Frequently asked questions

Nemotron 3 Ultra vs Mistral Large 3 2512 — which is cheaper?

Mistral Large 3 2512 is cheaper on output ($1.5/M vs $3.6/M).

Which has the larger context window?

Nemotron 3 Ultra offers the larger context window (512K tokens).

Nemotron 3 Ultra vs Mistral Large 3 2512 — which should I pick in 2026?

Choose Mistral Large 3 2512 for the lower output price ($1.5/M vs $3.6/M). Choose Nemotron 3 Ultra if you need the larger 512K context window.

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