1%
0% YoY
#4
Summary
- Mistral AI ranks #4 within the Foundational LLMs category, maintaining its position month-over-month.
- As of October 2026, < 1% of organizations who have a vendor in the Foundational LLMs category use Mistral AI: up < 1 percentage points from last year.
- Mistral AI has the highest adoption among enterprise companies (< 1%), compared to mid-market (< 1%), small-to-medium businesses (< 1%), and micro-SMB (< 1%).
- Mistral AI key capabilities include open-weight language models, enterprise API access, and multilingual support, supporting AI application development with flexible deployment options.
Are businesses buying Mistral AI?
Key stats
1%
0% YoY
Enterprise, 43%
0%
1%
#4
#4
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 0% |
| Mid-market | 1% |
| Enterprise | 1% |
About Mistral AI
Mistral AI is a French artificial intelligence company that develops open-weight and commercial large language models for enterprise applications. It provides APIs for text generation, code completion, and embedding across self-hosted and cloud deployments.
About this data
These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.
| Date | New adopter share | Competitor switch rate | Dominant FTE segment | Adoption rate (Enterprise) | Adoption rate (Mid-Market) | Adoption rate (SMB) |
|---|---|---|---|---|---|---|
| Sep 2026 | 0% | 1% | Enterprise, 43% | 1% | 1% | 0% |
| Aug 2026 | 0% | 1% | Enterprise, 42% | 0% | 1% | 0% |
| Jul 2026 | 0% | 1% | Enterprise, 43% | 1% | 0% | 0% |
| Jun 2026 | — | 1% | Enterprise, 41% | 1% | 0% | 0% |
| May 2026 | — | 1% | Mid-Market, 41% | 0% | 0% | 0% |
| Apr 2026 | — | 1% | Enterprise, 46% | 0% | 0% | 0% |
| Mar 2026 | 0% | 1% | Enterprise, 42% | 0% | 0% | 0% |
| Feb 2026 | — | 1% | Enterprise, 43% | 0% | 0% | 0% |
| Jan 2026 | — | 1% | Enterprise, 45% | 0% | 0% | 0% |
| Dec 2025 | 0% | 1% | Enterprise, 46% | 1% | 0% | 0% |
| Nov 2025 | — | 2% | Enterprise, 42% | 1% | 0% | 0% |
| Oct 2025 | — | 2% | Enterprise, 42% | 0% | 0% | 0% |
| Sep 2025 | — | 2% | Enterprise, 43% | 0% | 0% | 0% |
| Aug 2025 | 0% | 3% | Enterprise, 41% | 0% | 0% | 0% |
| Jul 2025 | 0% | 3% | Enterprise, 46% | 0% | 0% | 0% |
| Jun 2025 | — | 3% | Enterprise, 47% | 0% | 0% | 0% |
| May 2025 | 0% | 3% | Enterprise, 51% | 0% | 0% | 0% |
| Apr 2025 | 0% | 3% | Enterprise, 43% | 0% | 0% | 0% |
| Mar 2025 | 0% | 3% | Enterprise, 62% | 0% | 0% | 0% |
| Feb 2025 | — | 1% | Enterprise, 66% | 0% | 0% | 0% |
| Jan 2025 | 0% | 1% | Enterprise, 66% | 0% | 0% | 0% |
| Dec 2024 | — | 1% | Enterprise, 67% | 1% | 0% | 0% |
| Nov 2024 | — | 2% | Enterprise, 65% | 1% | 0% | 0% |
| Oct 2024 | 0% | 2% | Enterprise, 62% | 1% | 0% | 0% |
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