High-volume, cost-sensitive work
Either one
Both cost $0.75 per million tokens on a typical mix of three input tokens for every output token.
Choose Mistral Large 4 for very long inputs, self-hosting and data control, images as input and the latest release; on the other points the two are level or the data is missing.
Each answer below comes straight from the published prices, specifications and independent benchmark results.
Either one
Both cost $0.75 per million tokens on a typical mix of three input tokens for every output token.
Choose Mistral Large 4
Mistral Large 4 reads up to 1M tokens per request, against 16k for GPT-3.5 Turbo.
Choose Mistral Large 4
Mistral Large 4 has open weights, so you can run it on your own servers; GPT-3.5 Turbo is only available through its provider.
Choose Mistral Large 4
Mistral Large 4 accepts images as input; GPT-3.5 Turbo does not.
Choose Mistral Large 4
Mistral Large 4 is the newer release (October 2026, against March 2023 for GPT-3.5 Turbo).
| Volume | GPT-3.5 Turbo | Mistral Large 4 | Difference |
|---|---|---|---|
| Prototype: 1M input, 250K output tokens | $0.88 | $0.88 | = |
| Production: 20M input, 5M output tokens | $17.50 | $17.50 | = |
| Scale: 500M input, 100M output tokens | $400.00 | $400.00 | = |
Standard rates, without caching or batch discounts. Volumes are per month.
| GPT-3.5 Turbo | Mistral Large 4 | |
|---|---|---|
| Provider | OpenAI | Mistral AI |
| Category | Language models | Language models |
| Status | Deprecated | Preview |
| Headline price | $0.75 / 1M tokens | $0.75 / 1M tokens |
| Input | $0.50 / 1M tokens | $0.50 / 1M tokens |
| Output | $1.50 / 1M tokens | $1.50 / 1M tokens |
| Cached input | No data | No data |
| Context window | 16k | 1M |
| Max output | 4k | No data |
| Released | March 2023 | October 2026 |
| Knowledge cutoff | September 2021 | No data |
| Licence | Proprietary | Open weights |
| Capabilities | Tool calling, Structured output, Batch API | Vision, Tool calling, Structured output, Self-hostable |
| API model id | gpt-3.5-turbo | mistral-large-4 |
Leader in bold.
| Benchmark | GPT-3.5 Turbo | Mistral Large 4 |
|---|---|---|
| Intelligence Index | No data | 38.4 |
| SciCode | No data | 54.2% |
| Humanity's Last Exam | No data | 35% |
| MMMU-Pro (visual reasoning) | No data | 76.4% |
| Long-context reasoning (AA-LCR) | No data | 81.3% |
Independent evaluations by Artificial Analysis, run the same way for every model, at the reasoning setting shown. Percentages unless marked as an index.
Choose Mistral Large 4 for very long inputs, self-hosting and data control, images as input and the latest release; on the other points the two are level or the data is missing.
Both cost the same at the headline price ($0.75 / 1M tokens).
Mistral Large 4 reads more per request: 1M tokens against 16k.
GPT-3.5 Turbo is made by OpenAI and Mistral Large 4 by Mistral AI. Both cost the same at the headline price ($0.75 / 1M tokens). Mistral Large 4 reads more per request: 1M tokens against 16k. Mistral Large 4 is the newer model (October 2026, against March 2023). Only GPT-3.5 Turbo offers batch api. Only Mistral Large 4 offers vision, self-hostable.
At 20 million input and 5 million output tokens a month, GPT-3.5 Turbo costs $17.50 and Mistral Large 4 costs $17.50, at standard rates.
Mistral Large 4 was released on October 2026 and GPT-3.5 Turbo on March 2023.