LLMPrivate

Mistral Small 4

Mistral Small 4 unifies instruct, reasoning, and vision in a single open, efficient MoE model — deployable on-premise or via API with configurable reasoning effort.

Maker
Mistral AI
Modality
Text + vision
Context
256K tokens
Open weights
Yes — Apache 2.0

Overview

What is Mistral Small 4

Mistral Small 4 is a 119B-parameter Mixture-of-Experts (MoE) model from Mistral AI, released in March 2026. It combines instruction, reasoning, and multimodal vision capabilities into one unified model, with only 6.5B active parameters per token for high efficiency. Released under Apache 2.0, it supports open deployment and configurable reasoning modes.

Running it privately on Venice

On Venice, Mistral Small 4 runs with zero retention — your prompts are never stored or used for training. This open, uncensored model can be used privately for agentic coding, document analysis, or vision tasks without surveillance. You maintain sovereignty over your data while accessing a frontier-class MoE architecture.

Private (zero retention)No prompt trainingTEE · hardware enclaveEnd-to-end encrypted

Assessment

Strengths and limitations

Strengths
  • Unified model for instruct, reasoning, and vision — eliminates need for multiple specialized models.
  • Efficient MoE architecture activates only ~6.5B of 119B parameters per token, reducing compute cost.
  • Configurable reasoning effort: toggle between fast responses and deep reasoning per request.
  • Open weights under Apache 2.0: fully auditable, self-hostable, and customizable.
  • Supports vision, function calling, web search, and code-optimized workflows natively.
Limitations
  • Local deployment still resource-intensive despite sparse activation.
  • Documentation and tooling assume advanced technical proficiency.
  • No native no-code interface: best suited for developers and ML teams.
  • Higher API cost than some lightweight open models on sustained high-volume workloads.

Capabilities

What it supports

  • Tool use / function calling
  • Vision (image input)
  • Reasoning
  • Web search
  • Code-optimized
  • Structured output (JSON schema)
  • Audio input
  • Video input
  • Multiple image inputs
  • Log probabilities

Specifications

Datasheet

Maker
Mistral AI
Released
March 16, 2026
Architecture
Mixture of Experts (128 experts, 4 active per token)
Parameters
119B total, ~6.5B active per token
Open weights
Yes — Apache 2.0
Context window
256K tokens
Max output
65.536K tokens
Capabilities
Vision, Function calling, Reasoning, Web search, Code-optimized
Privacy on Venice
Private — zero retention
Available on Venice since
Mar 2026
License
Apache 2.0

API

Call it from your code

Venice exposes an OpenAI-compatible API. Point your base URL at Venice and pass the model id.

curl https://api.venice.ai/api/v1/chat/completions \
  -H "Authorization: Bearer $VENICE_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "model": "mistral-small-2603",
    "messages": [{ "role": "user", "content": "Explain quantum tunneling simply." }]
  }'

Pricing

What it costs on Venice

Billed per token on Venice: $0.19 per 1M input tokens and $0.75 per 1M output tokens.

Input / 1M tokens
$0.19
Per 1M tokens
Output / 1M tokens
$0.75
Per 1M tokens

New Venice accounts include a free daily allowance and 500 welcome credits — no credit card required.

Alternatives

How it compares

ModelMax resolutionStrongest atOpen weightsPrice (Venice)
Mistral Small 4N/AEfficiency & multimodal reasoningYes$0.19 in · $0.75 out / 1M
DeepSeek V4 Flash 0731N/ASpeed & low-cost throughputNo$0.17 in · $0.35 out / 1M
Google Gemma 4 31B InstructN/AOn-device & edge deploymentYes$0.12 in · $0.36 out / 1M
Claude Sonnet 4.6N/ABalanced performance & costNo$3.60 in · $18 out / 1M

Open, efficient MoE model with configurable reasoning and vision.

Use cases

What it is good for

  1. 01Autonomous coding agents that require both reasoning and code generation.
  2. 02Multimodal document analysis combining text and image inputs.
  3. 03Private AI assistants where data sovereignty and zero retention are required.
  4. 04On-premise deployment for regulated or European data environments.
  5. 05Agentic workflows with dynamic reasoning depth based on task complexity.

Prompting

Getting better results

Use the `reasoning_effort` parameter to control depth — 'low' for chat, 'high' for math or planning.

Interleave images and text in your input for multimodal analysis.

Leverage function calling for tool integration — works seamlessly in reasoning mode.

For cost efficiency, use speculative decoding with the Mistral eagle head checkpoint.

Version history

Mistral Small 3.2
2024

Predecessor — dense 24B model without multimodal or reasoning modes.

Mistral Small 4
2026-03

Current — unified MoE model with vision, reasoning, and open weights.

FAQ

Frequently asked questions

Mistral Small 4 is a 119B-parameter Mixture-of-Experts model from Mistral AI, released in March 2026. It unifies instruction, reasoning, and vision capabilities into one open, efficient model with configurable reasoning depth and multimodal input support.

On Venice, Mistral Small 4 costs $0.19 per 1M input tokens and $0.75 per 1M output tokens. There is no subscription — you pay only for the tokens you use.

Mistral Small 4 is open source under the Apache 2.0 license — you can inspect, modify, and self-host it. However, API usage on Venice is billed per token, not free.

Yes, Mistral Small 4 supports vision — it accepts both text and image inputs, enabling multimodal analysis, document understanding, and visual reasoning tasks.

Yes, Mistral Small 4 supports function calling and tool use, allowing it to act as an agentic coding assistant or integrate with external APIs and systems.

Mistral Small 4 is better for reasoning, vision, and open deployment; DeepSeek V4 Flash is faster and cheaper per token but closed and less capable in complex reasoning tasks.

Yes — Mistral Small 4 is open weights under Apache 2.0, so you can deploy it on-premise or in private cloud environments. Quantized versions are available for efficiency.

Mistral Small 4 has a 256K token context window, supporting long-form conversations, document analysis, and complex agentic workflows.

Run Mistral Small 4 privately

No prompt logging. No data used for training.