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Comparison · 2 models · Updated Oct 4, 2026

o3-deep-research vs Codestral

o3-deep-research comes out ahead, 49 to 29 on our weighted score.

  1. Our pick

    OpenAI

    o3-deep-research

    Released Jun 26, 2024

    49/100
    • ECI—
    • Price—
    • Context200K
  2. Mistral AI

    Codestral

    Released May 29, 2024

    29/100
    • ECI—
    • Price$0.30 / $0.90
    • Context256K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

o3-deep-research is our pick

o3-deep-research is the better all-round choice, scoring 49/100 against Codestral (29). It leads on inputs & features. Codestral wins on context window. The score weighs inputs & features 60%, context window 40%. 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 priceCodestralCodestral $0.45 per 1M tokens (3:1 blend) · o3-deep-research unpriced
  • Longest contextCodestralCodestral 256,000 · o3-deep-research 200,000 tokens
  • Widest inputso3-deep-researcho3-deep-research: Text, Images · Codestral: Text
  • Self-hostingCodestralPublishes downloadable weights
How the score is built
MeasureWeighto3-deep-researchCodestral
Inputs & features60%6025
Context window40%3236
Overall100%49/10029/100

Left out because at least one model lacks the data: capability and price. 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.

o3-deep-research vs Codestral specifications side by side
Specificationo3-deep-researchOpenAICodestralMistral AI
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input—$0.30
Output—$0.90
Cached input—$0.03
Blended (3:1)—$0.45
Long-context rate—Same rate
Price source—Official Mistral API
Limits
Context window200,000 tokens256,000 tokens (best)
Max output100,000 tokens (best)4,096 tokens
Inputs and features
TextYesYes
ImagesYesNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesNo
Tool callingYesYes
Structured outputNoNo
Availability
WeightsProprietaryOpen
API model ID—codestral-latest
API providers—3
ReleasedJun 26, 2024May 29, 2024
Knowledge cutoffMay 2024Oct 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.

  • o3-deep-research—
  • Codestral$4.80
04 — Questions

Which should you choose?

Which is better: o3-deep-research or Codestral?

o3-deep-research is the better all-round choice, scoring 49/100 against Codestral (29). It leads on inputs & features. Codestral wins on context window. The score weighs inputs & features 60%, context window 40%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, o3-deep-research or Codestral?

Codestral is cheaper at $0.30 input / $0.90 output per million tokens (official Mistral API price). . At a typical mix of three input tokens to one output token, that is $0.45 per million tokens for Codestral versus . o3-deep-research has no published per-token price.

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. o3-deep-research has not been scored yet and Codestral has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for o3-deep-research and Codestral yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Codestral has the largest context window at 256,000 tokens, against 200,000 for o3-deep-research. Maximum output per response: o3-deep-research up to 100,000, Codestral up to 4,096 tokens.

Which can read images, PDFs, audio or video?

o3-deep-research accepts text and images; Codestral accepts text. o3-deep-research handles the widest range of inputs.

Are any of these open source?

Codestral publishes its weights and can be self-hosted; o3-deep-research is proprietary.

Which is newer?

o3-deep-research is the newest, released Jun 26, 2024. Codestral came out May 29, 2024. Knowledge cutoff: o3-deep-research May 2024, Codestral Oct 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.