Claude Fable 5.1 (Medium, Default Fallback) vs Mistral Small 3.2

Which is better for the money: Claude Fable 5.1 (Medium, Default Fallback) by Anthropic or Mistral Small 3.2 by Mistral? Intelligence, total benchmark cost, and end-to-end time from Artificial Analysis & other sources, snapshot 2026-10-25.

Trade-off

AnthropicClaude Fable 5.1 (Medium, Default Fallback)Off the frontier

Intelligence: 48.90
Total cost: $3983

MistralMistral Small 3.2Off the frontier

Intelligence: 7.00
Total cost: $122

Verdict

Depends on your budget

Claude Fable 5.1 (Medium, Default Fallb… scores 41.9 points higher (48.9 vs 7.0) but costs 33× as much to run the benchmark ($3983 vs $122; flagship vs mid-range cost classes). They are not alternatives at one budget: pick Claude Fable 5.1 (Medium, Default Fallb… when you need intelligence above 7.0, and Mistral Small 3.2 when 7.0 is enough.

Metric	Claude Fable 5.1 (Medium, Default Fallback)	Mistral Small 3.2	Difference
Intelligence (higher is better)	48.9	7.0	−85.7% Mistral Small 3.2 is 85.7% less intelligent
Total AA cost (lower is better)	$3,983.28	$121.78	−96.9% Mistral Small 3.2 is 96.9% cheaper
End-to-end time (lower is better)	14.35s	11.35s	−20.9% Mistral Small 3.2 is 20.9% faster
Price per 1M tokens (in / out)	$10.0 / $50.0	$0.07 / $0.20
Input modalities	Text, Image	Text, Image

Mistral Small 3.2 vs Claude Fable 5.1 (Medium, Default Fallback): 85.7% less intelligence, 96.9% less cost to run the AA benchmark, and 20.9% faster end-to-end.

Open this matchup in the interactive picker Claude Fable 5.1 (Medium, Default Fallback): what beats it Mistral Small 3.2: what beats it

Today's Pareto frontier

Against the frontier

Claude Fable 5.1 (Medium, Default Fallback) is off the frontier: at the same or lower cost, Kimi K3.1 Pro scores 55.10 for $3117.
Mistral Small 3.2 is off the frontier: at the same or lower cost, MiMo-V2.6-Flash scores 37.90 for $110.

Claude Fable 5.1 (Medium, Default Fallback)Mistral Small 3.2Today's Pareto frontierOpen-weights frontierEvery other model

Matchup

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Agents: Accept: text/markdown or ?format=md returns this page as Markdown. JSON: /api/v1/compare/claude-fable-5-1-medium/mistral-small-3-2 · Markdown: /api/v1/compare/claude-fable-5-1-medium/mistral-small-3-2?format=md · llms.txt · agent skill