Mistral Medium 3 vs Nemotron 4 340B
Mistral Medium 3 (2025) and Nemotron 4 340B (2025) are compact production models from MistralAI and NVIDIA AI. Mistral Medium 3 ships a 128k-token context window, while Nemotron 4 340B ships a 4k-token context window. 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.
Mistral Medium 3 fits 32x more tokens; pick it for long-context work and Nemotron 4 340B for tighter calls.
Decision scorecard
Local evidence first| Signal | Mistral Medium 3 | Nemotron 4 340B |
|---|---|---|
| Best for | multimodal apps and tool-calling agents | provider-routed production |
| Decision fit | Coding, RAG, and Agents | Classification and JSON / Tool use |
| Context window | 128k | 4k |
| Cheapest output | - | $4.20/1M tokens |
| Provider routes | 0 tracked | 2 tracked |
| Shared benchmarks | 0 rows | 0 rows |
Decision tradeoffs
- Mistral Medium 3 has the larger context window for long prompts, retrieval packs, or transcript analysis.
- Mistral Medium 3 uniquely exposes Vision, Multimodal, and Function calling in local model data.
- Local decision data tags Mistral Medium 3 for Coding, RAG, and Agents.
- Nemotron 4 340B has broader tracked provider coverage for fallback and procurement flexibility.
- Local decision data tags Nemotron 4 340B for Classification and JSON / Tool use.
Monthly cost at traffic
Estimate token spend from the cheapest tracked input and output route or tier on this page.
Mistral Medium 3
Unavailable
No complete token price in local provider data
Nemotron 4 340B
$4,410
Cheapest tracked route/tier: DeepInfra
Cost delta unavailable until both models have sourced input and output token prices.
Switch friction
- No overlapping tracked provider route is sourced for Mistral Medium 3 and Nemotron 4 340B; plan for SDK, billing, or endpoint changes.
- Check replacement coverage for Vision, Multimodal, and Function calling before moving production traffic.
- No overlapping tracked provider route is sourced for Nemotron 4 340B and Mistral Medium 3; plan for SDK, billing, or endpoint changes.
- Mistral Medium 3 adds Vision, Multimodal, and Function calling in local capability data.
Specs
| Specification | ||
|---|---|---|
| Released | 2025-05-01 | 2025-02-27 |
| Context window | 128k | 4k |
| Parameters | — | 340B |
| Architecture | decoder only | decoder only |
| License | Proprietary | NVIDIA Open Model |
| Openness | Proprietary | Open weights |
| Commercial use | Commercial use with conditions | Commercial use allowed |
| Knowledge cutoff | 2025-03 | - |
Pricing and availability
| Pricing attribute | Mistral Medium 3 | Nemotron 4 340B |
|---|---|---|
| Input price | - | $4.20/1M tokens |
| Output price | - | $4.20/1M tokens |
| Providers | - |
Capabilities
| Capability | Mistral Medium 3 | Nemotron 4 340B |
|---|---|---|
| Vision | Yes | No |
| Multimodal | Yes | No |
| Reasoning | No | No |
| Function calling | Yes | No |
| Tool use | Yes | No |
| Structured outputs | Yes | Yes |
| Code execution | Yes | No |
| IDE integration | No | No |
| Computer use | No | No |
| Parallel agents | No | No |
Benchmarks
No shared benchmark rows are currently sourced for this pair.
Deep dive
The capability footprint differs most on vision: Mistral Medium 3, multimodal input: Mistral Medium 3, function calling: Mistral Medium 3, tool use: Mistral Medium 3, and code execution: Mistral Medium 3. Both models share structured outputs, so the practical split is not just feature count. Use those differences to decide whether the page is about raw model quality, agentic coding support, multimodal ingestion, or predictable structured API behavior.
Pricing coverage is uneven: Mistral Medium 3 has no token price sourced yet and Nemotron 4 340B has $4.20/1M input tokens. Provider availability is 0 tracked routes versus 2. Treat unknown pricing as an integration gap, then verify the route you will actually call before estimating production spend.
Choose Mistral Medium 3 when coding workflow support and larger context windows are central to the workload. Choose Nemotron 4 340B when provider fit and broader provider choice are more important. For production, rerun your own prompts through the exact provider, region, and tool stack you plan to ship. This keeps the decision grounded in measurable tradeoffs instead of brand-level assumptions. It also helps separate model capability from provider packaging, which can change cost and latency.
FAQ
Which has a larger context window, Mistral Medium 3 or Nemotron 4 340B?
Mistral Medium 3 supports 128k tokens, while Nemotron 4 340B supports 4k tokens. That gap matters most for long documents, large codebases, retrieval-heavy agents, and conversations where earlier context must remain visible.
Is Mistral Medium 3 or Nemotron 4 340B open source?
Mistral Medium 3 is listed under Proprietary. Nemotron 4 340B is listed under NVIDIA Open Model. License labels affect whether you can self-host, redistribute weights, or rely only on hosted APIs, so confirm the upstream license before deployment.
Which is better for vision, Mistral Medium 3 or Nemotron 4 340B?
Mistral Medium 3 has the clearer documented vision signal in this comparison. If vision is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.
Which is better for multimodal input, Mistral Medium 3 or Nemotron 4 340B?
Mistral Medium 3 has the clearer documented multimodal input signal in this comparison. If multimodal input is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.
Which is better for function calling, Mistral Medium 3 or Nemotron 4 340B?
Mistral Medium 3 has the clearer documented function calling signal in this comparison. If function calling is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.
Where can I run Mistral Medium 3 and Nemotron 4 340B?
Mistral Medium 3 is available on the tracked providers still being sourced. Nemotron 4 340B is available on NVIDIA NIM and DeepInfra. Provider coverage can affect latency, region availability, compliance posture, and fallback options.
Continue comparing
Last reviewed: 2026-05-19. Data sourced from public model cards and provider documentation.