Mistral Large 4 Doesn’t Just Compete With Chinese Open-Weights – It Undercuts the Entire Proprietary Pricing Floor

On October 6, 2026, at AI Everything Abu Dhabi, Mistral AI CEO Arthur Mensch introduced Mistral Large 4 (ML4). The model, a 1.05 trillion-parameter system utilizing a Mixture of Experts architecture with 49 billion active parameters and a…