Mistral AI

Updated Jun 5, 2026
1%
arrow_upward0% YoY
#5

Summary

  • Mistral AI ranks #5 within the Foundational LLMs category, maintaining its position month-over-month.
  • As of June 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 an adoption rate of < 1% across all FTE segments (micro-SMB, small-to-medium businesses, mid-market, and enterprise).
  • 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%
arrow_upward0% YoY
Enterprise, 44%
1%
#4
#5

Adoption Rates by company size

Company sizeAdoption rate
SMB0%
Mid-market0%
Enterprise0%

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.

DateNew adopter shareCompetitor switch rateDominant FTE segmentAdoption rate (Enterprise)Adoption rate (Mid-Market)Adoption rate (SMB)
May 20261%Enterprise, 44%0%0%0%
Apr 20261%Enterprise, 53%0%0%0%
Mar 20260%1%Enterprise, 58%0%0%0%
Feb 20261%Enterprise, 59%0%0%0%
Jan 20261%Enterprise, 62%0%0%0%
Dec 20251%Enterprise, 63%1%0%0%
Nov 20251%Enterprise, 59%1%0%0%
Oct 20251%Enterprise, 59%0%0%0%
Sep 20251%Enterprise, 60%0%0%0%
Aug 20250%1%Enterprise, 57%0%0%0%
Jul 20250%1%Enterprise, 62%0%0%0%
Jun 20251%Enterprise, 63%0%0%0%
May 20250%1%Enterprise, 69%0%0%0%
Apr 20251%Enterprise, 67%0%0%0%
Mar 20250%1%Enterprise, 74%0%0%0%
Feb 20251%Enterprise, 75%0%0%0%
Jan 20250%1%Enterprise, 76%1%0%0%
Dec 20241%Enterprise, 76%1%0%0%
Nov 20241%Enterprise, 71%1%0%0%
Oct 20240%1%Enterprise, 68%1%0%0%
Sep 20241%Enterprise, 69%1%0%0%
Aug 20241%Enterprise, 70%1%0%0%
Jul 20241%Enterprise, 65%1%0%0%
Jun 20240%Enterprise, 68%1%0%0%

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