GPT-5.5 vs Mistral Small 3.1 24B

GPT-5.5 is a multimodal large language model released by OpenAI on April 23, 2026, engineered for autonomous, multi-step knowledge work and agentic workflows. It accepts text, images, and code as input, featuring enhanced spatial reasoning and visual grounding to support its computer use capabilities for operating software and navigating UI elements. Built to execute complex workflows end-to-end, the model interprets loosely defined tasks, selects appropriate tools, and performs self-verification with minimal user intervention. It is available in a standard version, a Thinking mode for extended reasoning budgets, and a Pro variant that uses parallel test-time compute for maximum precision on complex tasks.

Co-optimized with NVIDIA for GB200 NVL72 infrastructure, GPT-5.5 delivers per-token latency comparable to its predecessor GPT-5.4 while maintaining a 1-million-token context window. Despite increased capability, the model achieves greater token efficiency in coding and data analysis workflows, often completing tasks with fewer total tokens than previous versions. OpenAI reports a 60% reduction in hallucination rate compared to GPT-5.4, improving reliability for accuracy-sensitive applications. API access is available via the Responses and Chat Completions endpoints at $5 per million input tokens and $30 per million output tokens, double the unit price of GPT-5.4.

Mistral Small 3.1 24B, released on March 17, 2025, is an open-weight multimodal model from Mistral AI, distributed under the Apache-2.0 license. With around 24B parameters and a 128K token context window, it is available in both base and instruction-tuned (“Instruct”) variants. The model introduces vision support alongside text, enabling tasks like multimodal reasoning, captioning, and image-based Q&A.

It is multilingual, supporting many languages, and is optimized for fast responses, function calling, structured dialogue, and long-context reasoning. Despite its size, the model can be run locally in quantized formats, fitting on machines with ~32GB RAM, making it accessible to developers outside large cloud setups. However, the output length is smaller than the 128K input window, meaning long generations may require chaining. In addition, using full vision features or the maximum context window significantly increases compute costs, and performance on highly complex reasoning or enterprise-scale tasks still trails larger proprietary frontier models.