Paris‑based Mistral AI announced two new speech‑to‑text models, Voxtral Mini Transcribe V2 and Voxtral Realtime, that operate with just four billion parameters. The models can run on a phone or laptop, support real‑time transcription within 200 milliseconds, and translate across 13 languages. By keeping the models small, Mistral aims to lower costs, improve privacy, and offer an open‑source alternative to larger U.S. offerings. The rollout reflects the company’s strategy of delivering specialized, efficient AI tools while emphasizing European sovereignty in the fast‑moving generative‑AI market.
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