Mistral Large 3 675B Instruct vs Phi-4 Mini Reasoning

Mistral Large 3 675B Instruct (2025) and Phi-4 Mini Reasoning (2026) are frontier reasoning models from MistralAI and Microsoft Research. Both ship a 128k-token context window. On Google-Proof Q&A, Phi-4 Mini Reasoning leads by 8.1 pts. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads. It focuses on practical selection signals rather than broad model-family marketing.

Phi-4 Mini Reasoning is safer overall; choose Mistral Large 3 675B Instruct when vision-heavy evaluation matters.

Decision scorecard

Local evidence first
SignalMistral Large 3 675B InstructPhi-4 Mini Reasoning
Best formultimodal apps and provider-routed productionreasoning-heavy apps
Decision fitCoding, RAG, and AgentsLong context
Context window128k128k
Cheapest output$1.50/1M tokens-
Provider routes6 tracked0 tracked
Shared benchmarks1 sharedGoogle-Proof Q&A leader

Decision tradeoffs

Choose Mistral Large 3 675B Instruct when...
  • Mistral Large 3 675B Instruct has broader tracked provider coverage for fallback and route flexibility.
  • Mistral Large 3 675B Instruct uniquely exposes Vision, Multimodal, and Structured outputs in local model data.
  • Local decision data tags Mistral Large 3 675B Instruct for Coding, RAG, and Agents.
Choose Phi-4 Mini Reasoning when...
  • Phi-4 Mini Reasoning holds a shared-benchmark lead on Google-Proof Q&A, ahead by 8.1 points.
  • Phi-4 Mini Reasoning uniquely exposes Reasoning in local model data.
  • Local decision data tags Phi-4 Mini Reasoning for Long context.

Monthly cost at traffic

Estimate token spend from the cheapest tracked input and output route or tier on this page.

Mistral Large 3 675B Instruct

$775

Cheapest tracked route/tier: OpenRouter

Phi-4 Mini Reasoning

Unavailable

No complete token price in local provider data

Cost delta unavailable until both models have sourced input and output token prices.

Switch friction

Mistral Large 3 675B Instruct -> Phi-4 Mini Reasoning
  • No overlapping tracked provider route is sourced for Mistral Large 3 675B Instruct and Phi-4 Mini Reasoning; plan for SDK, billing, or endpoint changes.
  • Check replacement coverage for Vision, Multimodal, and Structured outputs before moving production traffic.
  • Phi-4 Mini Reasoning adds Reasoning in local capability data.
Phi-4 Mini Reasoning -> Mistral Large 3 675B Instruct
  • No overlapping tracked provider route is sourced for Phi-4 Mini Reasoning and Mistral Large 3 675B Instruct; plan for SDK, billing, or endpoint changes.
  • Check replacement coverage for Reasoning before moving production traffic.
  • Mistral Large 3 675B Instruct adds Vision, Multimodal, and Structured outputs in local capability data.

Specs

Specification
Released2025-12-012026-05-16
Context window128k128k
Parameters675B3.8B
ArchitectureDecoder Only-
LicenseApache 2.0OSI-approvedMITOSI-approved
OpennessOpen sourceOpen source
WeightsUnknownUnknown
CodeUnknownUnknown
Commercial useCommercial use: permittedCommercial use: permitted
Knowledge cutoff2024-112025-02

Pricing and availability

Pricing attributeMistral Large 3 675B InstructPhi-4 Mini Reasoning
Input price$0.50/1M tokens-
Output price$1.50/1M tokens-
Providers-

Capabilities

CapabilityMistral Large 3 675B InstructPhi-4 Mini Reasoning
VisionYesNo
MultimodalYesNo
ReasoningNoYes
JSON / Tool useNoNo
Structured outputsYesNo
Code executionNoNo
IDE integrationNoNo
Computer useNoNo
Parallel agentsNoNo

Benchmarks

BenchmarkMistral Large 3 675B InstructPhi-4 Mini Reasoning
Google-Proof Q&A43.952.0

Continue comparing

Last reviewed: 2026-06-29. Data sourced from public model cards and provider documentation.