French AI startup Mistral released Mistral Small 3.1, a lightweight, open-source model for generative AI tasks.Mistral Small 3.1 outperforms models like Gemma 3 and GPT-4o mini, offering improved text performance and multimodal understanding.The model delivers inference speeds of 150 tokens per second and supports various applications involving text and managing long contexts.Mistral Small 3.1 is available for download through Hugging Face and can be used in enterprise and consumer applications.