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Mistral Medium 3.5
Mistral | 262,144 token context | $1.50/M input, $7.50/M output. Mistral Medium 3.5 is a dense 128B instruction-following model from Mistral AI. It supports text and image inputs with text output, and is designed for agentic workflows, coding, and complex multi-step reasoning. It is particularly strong at reliable multi-tool calling and long-horizon tasks, with a 256K context window, configurable reasoning effort per request, and a custom vision encoder that handles variable image sizes and aspect ratios. Self-hostable on as few as four GPUs and available under open weights.
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Mistral Medium 3.5 is a 128B dense model from Mistral AI with a 256K context window, vision input, and configurable reasoning effort per request. It targets agentic workflows and multi-step tasks, with particular strength in reliable multi-tool calling. Open weights and self-hostable on four GPUs, it sits in a useful middle ground between lightweight and frontier-scale models.

Known for

  • Reliable multi-tool calling across long-horizon agentic tasks
  • Configurable reasoning effort adjustable per individual request
  • Vision encoder handles variable image sizes and aspect ratios natively
  • 256K context window for large documents or extended conversations
  • Self-hostable on as few as four GPUs despite 128B parameter count

Watch out for

  • Open weights are claimed but no Hugging Face repository is currently listed; verify availability before building on it.
  • At $7.50/M output tokens, costs climb fast on agentic loops that generate long responses.
  • 128B means serious hardware requirements for self-hosting; four GPUs is the floor, not a casual setup.

Prompts to try

Multi-tool agent plan
You have access to a web search tool, a code execution tool, and a file-read tool. A user wants to know the current exchange rate between EUR and JPY, then calculate how much 4,750 EUR is worth in JPY, and save the result to a file called result.txt. Write the full tool-calling sequence you would execute, step by step, with the exact arguments you would pass to each tool.
Reason through a tricky bug
This Python function is supposed to return the second-largest unique number in a list, but it fails silently on some inputs. Identify every edge case that could cause wrong output or an exception, explain why each one breaks the function, then rewrite it to handle all of them: def second_largest(nums): nums = sorted(set(nums)) return nums[-2]
Analyse an image in detail
Attach a screenshot of a dashboard, chart, or diagram. Describe every data point or UI element you can see, identify any anomalies or trends, and suggest two concrete actions a product team could take based on what the image shows.

Compare with

  • Ministral 3 14B 2512
    Open-weights model
    262,144 token context · $0.20/M input, $0.20/M output
  • Mistral Small 4
    Open-weights model
    262,144 token context · $0.15/M input, $0.60/M output
  • Devstral 2 2512
    Open-weights model
    262,144 token context · $0.40/M input, $2.00/M output
  • Mistral Small 3.1 24B
    Open-weights model
    128,000 token context · $0.35/M input, $0.55/M output
More text models from mistralai

Questions people ask

Can I run Mistral Medium 3.5 locally?
Mistral AI describes it as open weights and self-hostable on as few as four GPUs, but no Hugging Face repository is currently listed, so check Mistral's own channels for the actual download.
What does Mistral Medium 3.5 cost and what is the context window?
It is priced at $1.50 per million input tokens and $7.50 per million output tokens, with a 262,144-token (256K) context window.
How does Mistral Medium 3.5 differ from other Mistral models?
It adds native vision input, a configurable per-request reasoning effort setting, and a focus on multi-tool agentic workflows that smaller Mistral models do not offer at the same scale.
Captain's verdict
A serious agentic workhorse with vision and a long context; the output price means you will want to keep responses tight.
Captain writes these notes from the model's own description and model card. Prices and context sizes are the provider's at the time of writing and can change.
Ranking badge
Updated Oct 22, 2026
Mistral Medium 3.5 on ModelTrends.ai: Heat 3,081°
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