DeepSeek V3.2 vs Mistral Large 3

Choose DeepSeek V3.2 if you want dependable open-weight output on a tight budget. Choose Mistral Large 3 if you want general-purpose open-weight agent work, especially in the EU.

In our editorial scoring, Mistral Large 3 leads in 3 of five dimensions (output quality, agentic ability and speed), while DeepSeek V3.2 leads in 1. On price, DeepSeek V3.2 runs about $0.26 per 1M tokens (blended) and is open-weight; Mistral Large 3 is about $0.80 and open-weight.

The model is half the story — the agent is the other half

The model picks the moves; the agent runs the loop, the tools, and the guardrails. Once you've chosen a model, see which agent gets the most out of it.