Mistral AI, in collaboration with Microsoft, has launched Mistral Large, an advanced language model that competes with established players like OpenAI and Meta by offering robust reasoning capabilities across multiple languages, including English, French, Spanish, German, and Italian. It features a 32K tokens context window and employs retrieval augmented generation (RAG) to enhance comprehension and precision by accessing external knowledge bases. Mistral Large excels in instruction-following and function-calling skills, making it suitable for application development and moderation policy customization. It demonstrates strong performance in coding, mathematical reasoning, and multilingual tasks, ranking just behind GPT-4 on global benchmarks. The model is available through Mistral's platform, La Plateforme, and Microsoft Azure, providing flexibility in deployment and access to advanced AI capabilities. Mistral AI also offers Mistral Small, a cost-effective and low-latency model, while planning to improve endpoint latency and introduce multi-currency pricing to enhance user accessibility and satisfaction.