Mistral AI's latest offering, Mistral Large 2, represents a significant advancement in language model technology. With 123 billion parameters and a 128k context window, it supports numerous languages and coding languages. The model sets a new benchmark in performance-to-cost ratio, achieving 84.0% accuracy on MMLU. It excels in code generation, reasoning, and multilingual tasks, competing with top-tier models like GPT-4 and Claude 3 Opus. Key improvements include enhanced instruction-following, reduced hallucination, and better handling of multi-turn conversations. The model's multilingual proficiency and advanced function calling capabilities make it particularly suitable for diverse business applications. Mistral Large 2 is designed for single-node inference and long-context applications, balancing performance with practical usability.