Model comparison
Compare Mistral Medium 3.5 and NVIDIA Nemotron 3 Ultra using the same provider-sourced text & reasoning rubric. No mystery score and no invented benchmark ranking.
Facts checked September 4, 2026
Set your usage. Your estimate updates as you type.
Example: 6,000 input tokens for 10 pages, plus a 500-token summary. Page lengths vary; adjust the numbers below.
One run sends your input to the model once and receives an answer. Tokens are pieces of text: input is what you send, output is the answer you receive.
Estimates exclude taxes, tools, cache storage/writes, free allowances and custom discounts. Image estimates cover output only, not prompt or reference-image charges. Quality modes differ by model. Unlisted settings are not treated as free.
| Model | Access | Estimated total (USD) |
|---|---|---|
| Mistral Medium 3.5Mistral AI | Mistral AI | No reviewed rate |
| NVIDIA Nemotron 3 UltraNVIDIA | NVIDIA | No reviewed rate |
Quick take
Mistral's open-weight frontier model for demanding multimodal, coding, reasoning, and agent workflows, with a 256K context window.
The headline token price applies to Mistral's standard hosted endpoint. Regional inference costs more, and self-hosting shifts the bill to GPUs, operations, and support.
NVIDIA's largest Nemotron 3 reasoning model for complex agents, coding, planning, tools, RAG, and million-token analysis.
Self-hosting Ultra is a substantial hardware project. Size the real context cache, concurrency, precision, and availability requirements before treating open weights as the cheaper route.
Compare the published facts
Values use each provider's own published units and limits. A blank means the provider did not publish a directly comparable value in the sources reviewed.
| Text & reasoning | Mistral Medium 3.5 | NVIDIA Nemotron 3 Ultra |
|---|---|---|
| Context windowMaximum combined prompt and working context documented by the provider. | 256K tokens combined | Up to 1M tokens |
| Maximum outputProvider-published response limit, where available. | Not separately published | Not separately published |
| Knowledge cutoffLatest reliable knowledge date explicitly published by the model provider. Search and connected tools can retrieve newer information but do not change the model's built-in cutoff. | Not published | Pretraining through Sep 2025; post-training through May 2026 |
| Input priceCurrent standard list price per million input tokens unless noted. | $1.50 / 1M | Free prototype or deployment cost |
| Output priceCurrent standard list price per million output tokens unless noted. | $7.50 / 1M | Free prototype or deployment cost |
| InputsMedia types accepted by the listed model endpoint. | Text, image | Text |
| Tools & agentsSelected native tools and agent-building capabilities, not an exhaustive list. | Functions, agents, built-in tools, structured and predicted outputs | Tool calling, agents, configurable reasoning budget |
How to choose
Start with the job you need to complete, then validate cost, access, and policy details on your exact provider route.
Mistral's commercial terms exclude model training by default except when a customer opts in or uses designated Labs or preview models. Standard API input and output retention is generally 30 rolling days for abuse monitoring unless zero data retention is enabled.
Provider and API links
Downloaded weights can run in infrastructure the operator controls. NVIDIA's hosted prototype and partner endpoints are governed by their own trial, logging, retention, and deployment terms.
Provider and API links
Frequently asked questions
Mistral Medium 3.5: Mistral's open-weight frontier model for demanding multimodal, coding, reasoning, and agent workflows, with a 256K context window. NVIDIA Nemotron 3 Ultra: NVIDIA's largest Nemotron 3 reasoning model for complex agents, coding, planning, tools, RAG, and million-token analysis.
Consider Mistral Medium 3.5 when your priority is Complex coding and agent workflows. Consider NVIDIA Nemotron 3 Ultra when your priority is Complex long-running agents. Test both with your own data and provider route before committing.
No. This comparison aligns provider-published facts for the Text & reasoning category. It does not claim a universal winner or combine incompatible third-party benchmark scores.
