AI model comparison

DeepSeek V4 Flash 0423 vs Mistral Nemo

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

DeepSeek V4 Flash is an efficiency-optimized Mixture-of-Experts model from DeepSeek with 284B total parameters and 13B activated parameters, supporting a 1M-token context window.

Input / 1M
$0.09
Output / 1M
$0.18
Context
1.05M

A 12B parameter model with a 128k token context length built by Mistral in collaboration with NVIDIA.

Input / 1M
$0.03
Output / 1M
$0.03
Context
131K

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

mistralai logo

Mistral Nemo

3.7x cheaper for a typical chat

Higher intelligence score

Tie

Not enough benchmark data

Larger context window

deepseek logo

DeepSeek V4 Flash 0423

1.05M vs 131K tokens

Newer release

deepseek logo

DeepSeek V4 Flash 0423

Released April 24, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

deepseek logoDeepSeek V4 Flash 042324.4
mistralai logoMistral NemoNot available

Coding index

deepseek logoDeepSeek V4 Flash 042352
mistralai logoMistral NemoNot available

Agentic index

deepseek logoDeepSeek V4 Flash 042326.3
mistralai logoMistral NemoNot available

Pricing

DeepSeek V4 Flash 0423 vs Mistral Nemo API pricing

Per-token API rates. Cheaper option highlighted.

Metricdeepseek logoDeepSeek V4 Flash 0423mistralai logoMistral Nemo
Input tokensPer 1M tokens$0.09$0.03
Output tokensPer 1M tokens$0.18$0.03
Cached input (read)Per 1M tokens$0.02Not available
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

deepseek logoDeepSeek V4 Flash 0423$0.27
mistralai logoMistral Nemo$0.07

Coding task

30K in, 4K out

deepseek logoDeepSeek V4 Flash 0423$3.46$1.27 cached
mistralai logoMistral Nemo$0.99

Long document summary

150K in, 2K out

deepseek logoDeepSeek V4 Flash 0423$14.01$3.09 cached
mistralai logoMistral Nemo$4.41

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricdeepseek logoDeepSeek V4 Flash 0423mistralai logoMistral Nemo
Context window1.05M tokens131K tokens
Max output944K tokens16K tokens
Input typesTextText
Output typesTextText
Reasoning effort levelsExtra high, HighNot available
Default reasoning effortHighNot available
Release dateApril 24, 2026July 19, 2024

Features

Supported features

API features available for each model.

Metricdeepseek logoDeepSeek V4 Flash 0423mistralai logoMistral Nemo
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedNot supported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedSupportedSupported
Verbosity controlNot supportedNot supported

Our take

Mistral Nemo is 3.7x cheaper for a typical chat. DeepSeek V4 Flash 0423 has the larger context window (1.05M vs 131K tokens). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is DeepSeek V4 Flash 0423 or Mistral Nemo cheaper?

Mistral Nemo is cheaper for a typical chat (2K input tokens and 500 output tokens). Mistral Nemo costs $0.03 per 1M input tokens and $0.03 per 1M output tokens, while DeepSeek V4 Flash 0423 costs $0.09 per 1M input tokens and $0.18 per 1M output tokens.

Which has a bigger context window, DeepSeek V4 Flash 0423 or Mistral Nemo?

DeepSeek V4 Flash 0423 supports up to 1.05M tokens of context, compared with 131K for Mistral Nemo.

Can I use DeepSeek V4 Flash 0423 and Mistral Nemo at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see DeepSeek V4 Flash 0423 and Mistral Nemo answer side by side and keep the better response.

deepseek logomistralai logo

Why choose? Ask both.

Send one prompt to DeepSeek V4 Flash 0423 and Mistral Nemo at the same time. Compare the answers side by side and keep the best one.