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Comparison · 3 models · Updated Oct 4, 2026

Nova 2 Lite vs Ring-1T vs Mistral Large 3

Nova 2 Lite comes out ahead, 62 to 50 and 33 on our weighted score, though Mistral Large 3 is 20% cheaper per token.

  1. Our pick

    Amazon

    Nova 2 Lite

    Released Dec 2, 2025

    62/100
    • ECI—
    • Price$0.33 / $2.75
    • Context1M
  2. inclusionAI

    Ring-1T

    Released Oct 2025

    33/100
    • ECI—
    • Price$0.57 / $2.29
    • Context128K
  3. Mistral AI

    Mistral Large 3

    Released Dec 2, 2025

    50/100
    • ECI—
    • Price$0.50 / $1.50
    • Context262K
01 — Verdict

Nova 2 Lite is our pick

Nova 2 Lite is the better all-round choice, scoring 62/100 against Mistral Large 3 (50) and Ring-1T (33). It leads on inputs & features and context window. Mistral Large 3 wins on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceMistral Large 3Mistral Large 3 $0.75 · Nova 2 Lite $0.935 · Ring-1T $1.00 per 1M tokens (3:1 blend)
  • Longest contextNova 2 LiteNova 2 Lite 1,000,000 · Mistral Large 3 262,144 · Ring-1T 128,000 tokens
  • Widest inputsNova 2 LiteNova 2 Lite: Text, Images, PDFs, Video · Ring-1T: Text · Mistral Large 3: Text, Images
  • Self-hostingRing-1T and Mistral Large 3Publishes downloadable weights
How the score is built
MeasureWeightNova 2 LiteRing-1TMistral Large 3
Price50%515056
Inputs & features30%801050
Context window20%602437
Overall100%62/10033/10050/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Nova 2 Lite vs Ring-1T vs Mistral Large 3 specifications side by side
SpecificationNova 2 LiteAmazonRing-1TinclusionAIMistral Large 3Mistral AI
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.33 (best)$0.57$0.50
Output$2.75$2.29$1.50 (best)
Cached input$0.083—$0.05 (best)
Blended (3:1)$0.935$1.00$0.75 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Amazon Bedrock APIOfficial Bailing APIOfficial Mistral API
Limits
Context window1,000,000 tokens (best)128,000 tokens262,144 tokens
Max output65,536 tokens32,000 tokens262,144 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsYesNoNo
AudioNoNoNo
VideoYesNoNo
ReasoningYeslow · medium · highYesNo
Tool callingYesNoYes
Structured outputNoNoNo
Availability
WeightsProprietaryOpenOpen
API model IDamazon.nova-2-lite-v1:0Ring-1Tmistral-large-2512
API providers2113 (best)
ReleasedDec 2, 2025Oct 2025Dec 2, 2025
Knowledge cutoffOct 2025Jun 2024Nov 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Nova 2 Lite$8.80
  • Ring-1T$10.28
  • Mistral Large 3$8.00
04 — Questions

Which should you choose?

Which is better: Nova 2 Lite, Ring-1T or Mistral Large 3?

Nova 2 Lite is the better all-round choice, scoring 62/100 against Mistral Large 3 (50) and Ring-1T (33). It leads on inputs & features and context window. Mistral Large 3 wins on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Nova 2 Lite, Ring-1T or Mistral Large 3?

Mistral Large 3 is cheaper at $0.50 input / $1.50 output per million tokens (official Mistral API price). Nova 2 Lite costs $0.33 input / $2.75 output per million tokens (official Amazon Bedrock API price); Ring-1T costs $0.57 input / $2.29 output per million tokens (official Bailing API price). At a typical mix of three input tokens to one output token, that is $0.75 per million tokens for Mistral Large 3 versus $0.935 for Nova 2 Lite (1.2× as much) and $1.00 for Ring-1T (1.3× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Nova 2 Lite has not been scored yet, Ring-1T has not been scored yet and Mistral Large 3 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Nova 2 Lite, Ring-1T and Mistral Large 3 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that Ring-1T does not support tool calling, which most coding agents need.

Which has the bigger context window?

Nova 2 Lite has the largest context window at 1,000,000 tokens, against 262,144 for Mistral Large 3 and 128,000 for Ring-1T. Maximum output per response: Nova 2 Lite up to 65,536, Ring-1T up to 32,000, Mistral Large 3 up to 262,144 tokens.

Which can read images, PDFs, audio or video?

Nova 2 Lite accepts text, images, PDFs and video; Ring-1T accepts text; Mistral Large 3 accepts text and images. Nova 2 Lite handles the widest range of inputs.

Are any of these open source?

Ring-1T and Mistral Large 3 publishes its weights and can be self-hosted; Nova 2 Lite is proprietary.

Which is newer?

Nova 2 Lite is the newest, released Dec 2, 2025. Mistral Large 3 came out Dec 2, 2025; Ring-1T came out Oct 2025. Knowledge cutoff: Nova 2 Lite Oct 2025, Ring-1T Jun 2024, Mistral Large 3 Nov 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.