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Mistral vs Together AI: Token Pricing, Speed & Intelligence

Full comparison of Mistral and Together AI — live token pricing, latency, throughput, context window, strengths, weaknesses, and best use cases. Updated July 2026.

Mistral

European frontier AI — Mistral Large, Codestral, and open models

Mistral AI is a Paris-based lab that trains both proprietary and open-weight models. Mistral Large competes with GPT-4 class models at lower prices, while Codestral is purpose-built for code generation with a 262K context window. Several Mistral models are open-weight and available for self-hosting.

CodingEuropean complianceOpen-sourceCost-efficiencyChat
Proprietary modelsHosts open weights

Together AI

Open-source model hosting with competitive inference pricing

Together AI specialises in hosting open-weight models including the full Llama family, Mixtral, and DeepSeek variants. They offer live pricing via their public API and support fine-tuning workflows. A popular choice for teams that want open-source flexibility without managing their own GPU infrastructure.

Open-sourceFine-tuningCodingChatCost-efficiency
Open-weight hostHosts open weights

Key metrics

Cheapest input ($/1M)

Cheapest output ($/1M)

Peak throughput

Best latency (TTFT)

Intelligence score

Context window

Live token pricing

Strengths & weaknesses

Mistral

Several open-weight models available for self-hosting
Codestral purpose-built for code with 262K context
European data sovereignty — GDPR-native
Competitive pricing vs. GPT-4 class models
Mistral Small is one of the cheapest capable models at $0.10/1M
Intelligence scores trail OpenAI and Anthropic at frontier tier
Smaller ecosystem than OpenAI
No vision support on smaller models

Together AI

Largest selection of open-weight models
Fine-tuning support for custom model training
OpenAI-compatible API — easy migration
Competitive pricing on Llama 3.x models
Supports 405B parameter models
No proprietary frontier models
Throughput lower than Groq/Cerebras for speed-critical apps
Fine-tuning adds complexity vs. pure inference providers

Key differentiators

Mistral

The only frontier lab offering open-weight models alongside proprietary ones — giving teams the flexibility to self-host or use the API.

Together AI

The broadest open-weight model catalog with fine-tuning support — ideal for teams that need model customisation without self-hosting.

Frequently asked questions

Mistral FAQs

How much does the Mistral API cost?

Mistral Large costs $2.00/1M input and $6.00/1M output tokens. Mistral Small is $0.10/$0.30 per 1M tokens — one of the cheapest capable models available. Codestral for code generation is priced separately.

Are Mistral models open-weight?

Some are. Mistral 7B, Mixtral 8x7B, and Mixtral 8x22B are open-weight and available on Hugging Face for self-hosting. Mistral Large and Codestral are proprietary and only available via the API.

What is Codestral?

Codestral is Mistral's code-specialised model with a 262K context window. It supports 80+ programming languages and is optimised for code completion, generation, and explanation tasks.

Together AI FAQs

What models does Together AI support?

Together AI hosts 100+ open-weight models including the full Llama 3.x family (8B, 70B, 405B), Mixtral, DeepSeek R1, Qwen, and many others. They also support custom fine-tuned model deployment.

How much does Together AI cost?

Llama 3.3 70B costs $0.88/1M tokens (input and output). Llama 3.1 405B is $3.50/1M tokens. Smaller models like Llama 3.2 11B Vision start at $0.18/1M tokens.

Does Together AI support fine-tuning?

Yes. Together AI offers supervised fine-tuning for Llama and other open-weight models. You can upload training data, run fine-tuning jobs, and deploy the resulting model via their inference API.

Provider resources

MistralEuropean frontier AI — Mistral Large, Codestral, and open models

Mistral AI is a Paris-based lab that trains both proprietary and open-weight models. Mistral Large competes with GPT-4 class models at lower prices, while Codestral is purpose-built for code generation with a 262K context window. Several Mistral models are open-weight and available for self-hosting.

The only frontier lab offering open-weight models alongside proprietary ones — giving teams the flexibility to self-host or use the API.

Together AIOpen-source model hosting with competitive inference pricing

Together AI specialises in hosting open-weight models including the full Llama family, Mixtral, and DeepSeek variants. They offer live pricing via their public API and support fine-tuning workflows. A popular choice for teams that want open-source flexibility without managing their own GPU infrastructure.

The broadest open-weight model catalog with fine-tuning support — ideal for teams that need model customisation without self-hosting.

Key strengths compared

Mistral

  • Several open-weight models available for self-hosting
  • Codestral purpose-built for code with 262K context
  • European data sovereignty — GDPR-native

Together AI

  • Largest selection of open-weight models
  • Fine-tuning support for custom model training
  • OpenAI-compatible API — easy migration

Provider category context

Mistral is a frontier lab, founded in 2023. Together AI is a inference api, founded in 2022. Mistral as a frontier lab trains and serves its own proprietary models. Together AI as an inference API provider hosts open-weight models — typically offering lower prices for equivalent capability tiers but without access to proprietary frontier models.

How to choose between them

Choose Mistral if you need several open-weight models available for self-hosting. Choose Together AI if you need largest selection of open-weight models. For high-volume production workloads, run a cost comparison using the token pricing table above with your actual prompt/completion token ratio — the cheapest provider depends heavily on your input-to-output token ratio.