Grok 4.3 vs Mistral Large 4
xAI · US | Mistral AI · France · Updated June 2026
Quick verdict
Pick Grok 4.3 for video understanding from native video input or generating pdf, pptx, and xlsx files directly. Pick Mistral Large 4 for mistral's largest model to date — 1.05t total parameters, 49b active per token (granular moe), plus a 1.6b-parameter vision encoder or trained from scratch on 3,800 nvidia grace blackwell gpus in mistral's own european data centers, across 160+ languages. On a tight budget at scale, Mistral Large 4 is the value pick.
Grok 4.3 (xAI, US) and Mistral Large 4 (Mistral AI, France) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. Grok 4.3 is the current xAI flagship: 1M context, native video input, file generation, and live X data, ahead of the still-unreleased Grok 5. Mistral Large 4 is mistral's October 6, 2026 public preview of 'Le Chonk' — a 1.05T-parameter, natively multimodal MoE model with open weights planned by month's end. Their biggest split is price, and the breakdown below shows exactly how that plays out for your workload.
Key differences at a glance
- ▸Price: Mistral Large 4 is about 1.8× cheaper on input ($0.68/$2.09 per 1M tokens vs $1.25/$2.5 per 1M tokens) — modest, but it adds up at steady volume.
- ▸Context window: both advertise 1M (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
- ▸Recency: Mistral Large 4 is the newer model by about 5 months (released October 6, 2026), usually meaning fresher training data and capabilities.
- ▸Ecosystem: this is a US-vs-France matchup — they differ in pricing philosophy, data-residency options, and tooling ecosystems, not only benchmarks.
Side-by-side specs
| Spec | Grok 4.3 | Mistral Large 4 |
|---|---|---|
| Provider | xAI (US) | Mistral AI (France) |
| Released | April 30, 2026 | October 6, 2026 |
| Context window | 1M (~1,500 pages) | 1M tokens (~1,500 pages) |
| Price (in/out) | $1.25/$2.5 per 1M tokens | $0.68/$2.09 per 1M tokens |
| Open weight? | No — API only | No — API only |
| Modalities | text, image, video, code | text, image, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
Video understanding from native video input
Grok 4.3
Grok 4.3 lists video understanding from native video input among its strengths; Mistral Large 4 does not.
Generating PDF, PPTX, and XLSX files directly
Grok 4.3
Grok 4.3 lists generating PDF, PPTX, and XLSX files directly among its strengths; Mistral Large 4 does not.
Real-time questions using live X data
Grok 4.3
Grok 4.3 lists real-time questions using live X data among its strengths; Mistral Large 4 does not.
Mistral's largest model to date — 1.05T total parameters, 49B active per token (granular MoE), plus a 1.6B-parameter vision encoder
Mistral Large 4
Grok 4.3 is comparatively weak here — higher context pricing on requests above 200K tokens
Trained from scratch on 3,800 Nvidia Grace Blackwell GPUs in Mistral's own European data centers, across 160+ languages
Mistral Large 4
Mistral's October 6, 2026 public preview of 'Le Chonk' — a 1.05T-parameter, natively multimodal MoE model with open weights planned by month's end — and it runs cheaper at $0.68/$2.09 per 1M tokens.
Hybrid instruct/reasoning design — answers quickly by default or switches into step-by-step reasoning
Mistral Large 4
Mistral's October 6, 2026 public preview of 'Le Chonk' — a 1.05T-parameter, natively multimodal MoE model with open weights planned by month's end — and it is the newer of the two.
Lowest cost at scale
Mistral Large 4
At $0.68/$2.09 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ Mistral Large 4
At $0.68/$2.09 per 1M tokens it undercuts Grok 4.3, and on millions of tokens that margin decides the monthly bill.
Anyone whose priority is video understanding from native video input
→ Grok 4.3
It is specifically built for that.
Anyone whose priority is mistral's largest model to date — 1.05t total parameters, 49b active per token (granular moe), plus a 1.6b-parameter vision encoder
→ Mistral Large 4
That is its strongest area.
An enterprise with regional data-residency rules
→ Grok 4.3 or Mistral Large 4
Origin (US vs France) affects where data is processed and which compliance regime applies — check the provider's terms for your region.
Grok 4.3: where it fits
The current xAI flagship: 1M context, native video input, file generation, and live X data, ahead of the still-unreleased Grok 5. Released April 30, 2026 by xAI, it is built for video understanding from native video input, generating PDF, PPTX, and XLSX files directly, real-time questions using live X data, and long-context, multi-agent reasoning.
Its trade-offs are real: higher context pricing on requests above 200K tokens, and less independent benchmark coverage than OpenAI, Anthropic, or Google. At $1.25 in / $2.5 out per million tokens, it sits in the mid price band.
Mistral Large 4: where it fits
Mistral's October 6, 2026 public preview of 'Le Chonk' — a 1.05T-parameter, natively multimodal MoE model with open weights planned by month's end. Released October 6, 2026 by Mistral AI, it is built for mistral's largest model to date — 1.05T total parameters, 49B active per token (granular MoE), plus a 1.6B-parameter vision encoder, trained from scratch on 3,800 Nvidia Grace Blackwell GPUs in Mistral's own European data centers, across 160+ languages, hybrid instruct/reasoning design — answers quickly by default or switches into step-by-step reasoning, and open weights planned by end of October 2026, which would make it among the largest open-weight models available.
Its trade-offs: still a public preview, not a finished release — Mistral says training is ongoing with 'no signs of saturation', weights not yet shipped as of mid-October 2026 — API-only for now despite the open-weight framing, launch pricing ($0.68/$2.09 per million) is a preview discount — Mistral's own model page lists a $1.36/$4.18 list price once the promotion ends, and scores 61.7% on DeepSWE v1.1, trailing DeepSeek V4.1 Flash (74.2%) and Kimi K3 (68.0%) on that coding benchmark. At $0.68 in / $2.09 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
This is less "which is smarter" and more "which ecosystem fits." Grok 4.3 (US) and Mistral Large 4 (France) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. Mistral Large 4 is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.
Want both Grok 4.3 and Mistral Large 4 without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is Grok 4.3 or Mistral Large 4 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Grok 4.3 leans toward video understanding from native video input while Mistral Large 4 leans toward mistral's largest model to date — 1.05t total parameters, 49b active per token (granular moe), plus a 1.6b-parameter vision encoder, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Grok 4.3 or Mistral Large 4?
Mistral Large 4 is cheaper — $1.25/$2.5 per 1M tokens vs $0.68/$2.09 per 1M tokens, roughly 1.8× apart on input.
Which has the bigger context window?
Both advertise 1M (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Grok 4.3 and Mistral Large 4 together?
Yes — a multi-model platform like LumiChats gives you Grok 4.3, Mistral Large 4 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Grok 4.3 or Mistral Large 4?
Mistral Large 4 — released October 6, 2026, about 5 months after Grok 4.3.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.