Mistral AI’s newest model packs more power in a much smaller package – SiliconANGLE

Paris-based artificial intelligence startup Mistral AI said today it’s open-sourcing a new, lightweight AI model called Mistral Small 3.1, claiming it surpasses the capabilities of similar models created by OpenAI and Google LLC.

It’s a move that’s likely to escalate the race to develop powerful yet low cost large language models. Mistral Small 3.1 is able to process text and images with just 24 billion parameters, which means it’s only a fraction of the size of many of the…