Model Comparison

DeepSeek-V3 0324 vs Mistral Large 3 (675B Instruct 2512)Which is better in 2026?

DeepSeek-V3 0324 significantly outperforms across most benchmarks. DeepSeek-V3 0324 is 1.5x cheaper per token.

Verdict: DeepSeek-V3 0324 vs Mistral Large 3 (675B Instruct 2512) — which is better?

DeepSeek-V3 0324 (by DeepSeek) and Mistral Large 3 (675B Instruct 2512) (by Mistral AI) are two of the AI models people compare most. Here is how they stack up on benchmarks, price and capabilities, and which one to pick in 2026.

DeepSeek-V3 0324 outperforms in 2 benchmarks (GPQA, LiveCodeBench), while Mistral Large 3 (675B Instruct 2512) is better at 0 benchmarks. DeepSeek-V3 0324 significantly outperforms across most benchmarks.

On price, DeepSeek-V3 0324 is roughly 1.5x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Mistral Large 3 (675B Instruct 2512) also accepts a larger context window (262,100 input tokens), making it the stronger choice for long documents and large codebases.

Choose DeepSeek-V3 0324 if…

  • you want the strongest raw capability — it leads on 2 of 2 shared benchmarks
  • cost matters — it's about 1.5x cheaper per token

Choose Mistral Large 3 (675B Instruct 2512) if…

  • you process long inputs — it offers a 262,100 token context window
  • you want the most recent training data — it shipped Dec 2025
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Performance Benchmarks

Comparative analysis across standard metrics

2 benchmarks

DeepSeek-V3 0324 outperforms in 2 benchmarks (GPQA, LiveCodeBench), while Mistral Large 3 (675B Instruct 2512) is better at 0 benchmarks.

DeepSeek-V3 0324 significantly outperforms across most benchmarks.

Thu Jun 11 2026 • llm-stats.com

Arena Performance

Human preference votes

Pricing Analysis

Price comparison per million tokens

DeepSeek-V3 0324 costs less

For input processing, DeepSeek-V3 0324 ($0.28/1M tokens) is 1.8x cheaper than Mistral Large 3 (675B Instruct 2512) ($0.50/1M tokens).

For output processing, DeepSeek-V3 0324 ($1.14/1M tokens) is 1.3x cheaper than Mistral Large 3 (675B Instruct 2512) ($1.50/1M tokens).

In conclusion, Mistral Large 3 (675B Instruct 2512) is more expensive than DeepSeek-V3 0324.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Thu Jun 11 2026 • llm-stats.com
DeepSeek
DeepSeek-V3 0324
Input tokens$0.28
Output tokens$1.14
Best providerNovita
Mistral AI
Mistral Large 3 (675B Instruct 2512)
Input tokens$0.50
Output tokens$1.50
Best providerMistral
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Model Size

Parameter count comparison

4.0B diff

Mistral Large 3 (675B Instruct 2512) has 4.0B more parameters than DeepSeek-V3 0324, making it 0.6% larger.

DeepSeek
DeepSeek-V3 0324
671.0Bparameters
Mistral AI
Mistral Large 3 (675B Instruct 2512)
675.0Bparameters
671.0B
DeepSeek-V3 0324
675.0B
Mistral Large 3 (675B Instruct 2512)

Context Window

Maximum input and output token capacity

Mistral Large 3 (675B Instruct 2512) accepts 262,100 input tokens compared to DeepSeek-V3 0324's 163,840 tokens. Mistral Large 3 (675B Instruct 2512) can generate longer responses up to 262,100 tokens, while DeepSeek-V3 0324 is limited to 163,840 tokens.

DeepSeek
DeepSeek-V3 0324
Input163,840 tokens
Output163,840 tokens
Mistral AI
Mistral Large 3 (675B Instruct 2512)
Input262,100 tokens
Output262,100 tokens
Thu Jun 11 2026 • llm-stats.com

Input Capabilities

Supported data types and modalities

Mistral Large 3 (675B Instruct 2512) supports multimodal inputs, whereas DeepSeek-V3 0324 does not.

Mistral Large 3 (675B Instruct 2512) can handle both text and other forms of data like images, making it suitable for multimodal applications.

DeepSeek-V3 0324

Text
Images
Audio
Video

Mistral Large 3 (675B Instruct 2512)

Text
Images
Audio
Video

License

Usage and distribution terms

DeepSeek-V3 0324 is licensed under MIT + Model License (Commercial use allowed), while Mistral Large 3 (675B Instruct 2512) uses Apache 2.0.

License differences may affect how you can use these models in commercial or open-source projects.

DeepSeek-V3 0324

MIT + Model License (Commercial use allowed)

Open weights

Mistral Large 3 (675B Instruct 2512)

Apache 2.0

Open weights

Release Timeline

When each model was launched

DeepSeek-V3 0324 was released on 2025-03-25, while Mistral Large 3 (675B Instruct 2512) was released on 2025-12-04.

Mistral Large 3 (675B Instruct 2512) is 8 months newer than DeepSeek-V3 0324.

DeepSeek-V3 0324

Mar 25, 2025

1.2 years ago

Mistral Large 3 (675B Instruct 2512)

Dec 4, 2025

6 months ago

8mo newer

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

DeepSeek-V3 0324 is available from Novita. Mistral Large 3 (675B Instruct 2512) is available from Mistral AI.

DeepSeek-V3 0324

novita logo
Novita
Input Price:Input: $0.28/1MOutput Price:Output: $1.14/1M

Mistral Large 3 (675B Instruct 2512)

mistral logo
Mistral
Input Price:Input: $0.50/1MOutput Price:Output: $1.50/1M
* Prices shown are per million tokens

Outputs Comparison

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Key Takeaways

DeepSeek
Less expensive input tokens
Less expensive output tokens
Higher GPQA score (68.4% vs 43.9%)
Higher LiveCodeBench score (49.2% vs 34.4%)
Mistral AI
Larger context window (262,100 tokens)
Supports multimodal inputs

Detailed Comparison

AI Model Comparison Table
Feature
DeepSeek
DeepSeek-V3 0324
Mistral AI
Mistral Large 3 (675B Instruct 2512)

FAQ

Common questions about DeepSeek-V3 0324 vs Mistral Large 3 (675B Instruct 2512).

Which is better, DeepSeek-V3 0324 or Mistral Large 3 (675B Instruct 2512)?

DeepSeek-V3 0324 significantly outperforms across most benchmarks. DeepSeek-V3 0324 is made by DeepSeek and Mistral Large 3 (675B Instruct 2512) is made by Mistral AI. The best choice depends on your use case — compare their benchmark scores, pricing, and capabilities above.

How does DeepSeek-V3 0324 compare to Mistral Large 3 (675B Instruct 2512) in benchmarks?

DeepSeek-V3 0324 scores MATH-500: 94.0%, MMLU-Pro: 81.2%, GPQA: 68.4%, AIME 2024: 59.4%, LiveCodeBench: 49.2%. Mistral Large 3 (675B Instruct 2512) scores MMMLU: 85.5%, AMC_2022_23: 52.0%, GPQA: 43.9%, LiveCodeBench: 34.4%, SimpleQA: 23.8%.

Is DeepSeek-V3 0324 cheaper than Mistral Large 3 (675B Instruct 2512)?

DeepSeek-V3 0324 is 1.8x cheaper for input tokens. DeepSeek-V3 0324 costs $0.28/M input and $1.14/M output via novita. Mistral Large 3 (675B Instruct 2512) costs $0.50/M input and $1.50/M output via mistral.

What are the context window sizes for DeepSeek-V3 0324 and Mistral Large 3 (675B Instruct 2512)?

DeepSeek-V3 0324 supports 164K tokens and Mistral Large 3 (675B Instruct 2512) supports 262K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between DeepSeek-V3 0324 and Mistral Large 3 (675B Instruct 2512)?

Key differences include context window (164K vs 262K), input pricing ($0.28 vs $0.50/M), multimodal support (no vs yes), licensing (MIT + Model License (Commercial use allowed) vs Apache 2.0). See the full comparison above for benchmark-by-benchmark results.

Who makes DeepSeek-V3 0324 and Mistral Large 3 (675B Instruct 2512)?

DeepSeek-V3 0324 is developed by DeepSeek and Mistral Large 3 (675B Instruct 2512) is developed by Mistral AI.

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