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FieldMistral Voxtral
Categories
HQParis, France
Founded2023
Latest valuation$13.8B
Annual Recurring Revenue (ARR)~$100M-$200M (Mistral AI parent, reported)
Funding to date$3B+
Headcount~500-1,093 (Mistral AI parent)
Profitabilityunprofitable
Statusactive
Pricing tierUsage-based API: Voxtral transcription from $0.001/min; Voxtral Mini Transcribe V2 $0.003/min; Voxtral Realtime $0.006/min; Voxtral TTS $0.016 per 1k characters. Open weights free under Apache 2.0 or CC BY-NC 4.0.
DescriptionVoxtral is a family of open-weight audio AI models developed by Paris-based Mistral AI, encompassing speech-to-text (ASR = Automatic Speech Recognition), speech understanding, and text-to-speech (TTS) capabilities. First released in July 2025 as Mistral's debut audio model line, the family has expanded to include Voxtral Transcribe 2 (February 2026) and Voxtral TTS (March 2026), positioned as lower-cost open alternatives to closed providers such as OpenAI Whisper and ElevenLabs.