French artificial intelligence company Mistral has unveiled its latest coding model, Devstral 2, aiming to position itself more competitively against major players like Anthropic and other coding-centric large language models (LLMs). This launch coincides with the introduction of Mistral 3, which highlights the company’s strategy to enhance its offerings amidst intense industry competition.
Mistral is also entering the burgeoning ‘vibe-coding’ sector with the introduction of Mistral Vibe, a command-line interface (CLI) designed to streamline code automation through natural language commands. This tool will assist users with tasks such as file manipulation, code searching, version control, and command execution, catering to the rising demand for more intuitive coding solutions.
A key feature of Mistral’s innovations is their context-aware capabilities, which are increasingly important in business settings. Much like the AI assistant Le Chat, which retains user interactions to inform its responses, Vibe CLI boasts persistent history tracking and is capable of scanning file structures and Git statuses to enhance user guidance.
In terms of technical requirements, Devstral 2 is quite resource-intensive, necessitating a minimum of four H100 GPUs or their equivalents for deployment, and it comprises 123 billion parameters. However, Mistral is also offering a smaller variant known as Devstral Small, which, at 24 billion parameters, enables deployment on consumer-grade hardware.
The two models come with distinct open-source licenses; Devstral 2 is distributed under a modified MIT license, whereas Devstral Small is released under Apache 2.0.
In terms of pricing, Devstral 2 is currently free through Mistral’s API, while future access will cost $0.40/$2.00 per million tokens for input/output. Devstral Small will be priced at $0.10/$0.30 per million tokens.
Mistral has established partnerships with agent tools Kilo Code and Cline to distribute Devstral 2, and Mistral Vibe CLI is available as an extension within the Zed IDE.
With a current valuation of approximately €11.7 billion (around $13.8 billion) following a substantial Series C funding round led by ASML, which invested €1.3 billion (roughly $1.5 billion) in September, Mistral continues to solidify its position as a leading entity in the European AI landscape.
