AI Models · Paid vs Paid

o3 Paid vs Mistral Medium 3.1 (batch) Paid

o3 vs Mistral Medium 3.1 (batch) 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.

o3PaidOpenAI
$2 /M input
$8 /M outputManaged API (no infra to run)
TypeProprietary
Context window200K tokens
MultimodalYes
Self-hostNo
Mistral Medium 3.1 (batch)PaidMistral AI
$0.2 /M input
$1 /M outputManaged API (no infra to run)
TypeProprietary
Context window131K tokens
MultimodalYes
Self-hostNo
Choose Mistral Medium 3.1 (batch) for the lower output price ($1/M vs $8/M). Choose o3 if you need the larger 200K context window.

o3 vs Mistral Medium 3.1 (batch) specs

Speco3Mistral Medium 3.1 (batch)Winner
MakerOpenAIMistral AI
TypeProprietaryProprietary
Context window200K tokens131K tokenso3
Input price$2/M$0.2/MMistral Medium 3.1 (batch)
Output price$8/M$1/MMistral Medium 3.1 (batch)
Vision / multimodalYesYes= Tie
Tool / function callingYesYes= Tie
Self-hostableNo (API only)No (API only)
LicenseProprietaryProprietary

Price gap & when to choose each

8.0×cheaper per output token

Mistral Medium 3.1 (batch) is ~8.0× cheaper than o3 on output tokens ($1 vs $8 per M tokens).

Choose o3 if…
  • You want frontier performance through a managed API
  • You need the longer 200K context window
  • You value reliability & ecosystem
  • You don't want to manage infrastructure
Choose Mistral Medium 3.1 (batch) if…
  • You want frontier performance through a managed API
  • You want the lower output price
  • You value reliability & ecosystem
  • You don't want to manage infrastructure

Feature comparison

Capabilityo3Mistral Medium 3.1 (batch)
Open weights (downloadable)
Self-hostable
Runs fully offline
Vision / multimodal
Tool / function calling
1M+ context window

Benchmarks: o3 vs Mistral Medium 3.1 (batch)

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

Mistral Medium 3.1 (batch) delivers 2.1× more intelligence per dollar.
o3
Mistral Medium 3.1 (batch)
Intelligence index
20.2
9.9
Math index
88.3
38.3
GPQA
82.7%
58.8%
MMLU-Pro
85.3%
68.3%
Humanity's Last Exam
20.1%
4.7%
Long Context Reasoning
74.7%
LiveCodeBench
80.8%
40.6%
MATH-500
99.2%
AIME
90.3%
AIME 2025
88.3%
38.3%
IFBench
71.4%
39.8%
τ²-Bench
80.7%
40.6%
Terminal-Bench Hard
37.1%
10.6%
Coding index
20.5
SciCode
32.4%
τ-Bench Banking
8.2%
Terminal-Bench
13.9%
Speed
114.5 tok/s
0 tok/s
Latency
6.58s
0s
Intelligence per $
5.8
12.4

Benchmark data by Artificial Analysis.

How o3 and Mistral Medium 3.1 (batch) score

🤝 Neck and neck on these criteria (3.0 vs 3.1 / 5).
Criteriono3Mistral Medium 3.1 (batch)
Cost-efficiency3.54.5
Context window4.03.5
Openness1.51.5
Self-hosting1.01.0
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

o3 Paid

OpenAI · Proprietary

o3 is a well-rounded and powerful model across domains. It sets a new standard for math, science, coding, and visual reasoning tasks. It also excels at technical writing and instruction-following....

Mistral Medium 3.1 (batch) Paid

Mistral AI · Proprietary

Mistral Medium 3.1 is an updated version of Mistral Medium 3, which is a high-performance enterprise-grade language model designed to deliver frontier-level capabilities at significantly reduced operational cost. It balances...

Other models in these families

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

Other variants tracked
o3 Proo3 (batch)o3 Minio3 Mini (batch)o3 Mini High

Frequently asked questions

o3 vs Mistral Medium 3.1 (batch) — which is cheaper?

Mistral Medium 3.1 (batch) is cheaper on output ($1/M vs $8/M).

Which has the larger context window?

o3 offers the larger context window (200K tokens).

o3 vs Mistral Medium 3.1 (batch) — which should I pick in 2026?

Choose Mistral Medium 3.1 (batch) for the lower output price ($1/M vs $8/M). Choose o3 if you need the larger 200K context window.

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