Mistral 7B v0.3
An oldie but a goodie. Light, well known, Apache license.
Short answer (as of Oct 14, 2026): Mistral Small 3.2 is a local AI model from Mistral AI. Truly open? Yes, OSI-approved license. Business use: yes. Our estimate says it needs about 20 GB of RAM. Trust score 84 of 100.
As of Oct 14, 2026: license Apache License 2.0; business use yes; sign-up not needed; about 20 GB RAM (estimate); trust score 84/100. Sources.
Strong all-round chat and image reading for 32 GB machines.
In non-nerd speak
Who makes it: Mistral AI. The files come from the maker's own Hugging Face account.
License: Apache License 2.0. A standard open source license. You can use, change, and share it, even to make money. Keep the license notice.
Business use: Yes. Business use is allowed. Keep the license and notice files when you share it.
Training data: We have not found a full public data release. Not yet checked in depth.
Will it run on my computer?
Pick a computer with at least 32 GB of memory. On a Mac, that is the unified memory. On a PC, a graphics card with that much VRAM is fastest. A PC with only normal RAM will also work, just slower.
How to run it in LM Studio
- Get LM Studio from lmstudio.ai and open it.
- Open the Discover tab. Search for
lmstudio-community/Mistral-Small-3.2-24B-Instruct-2506-GGUF. - Pick a file that ends in
Q4_K_M. It is the best mix of size and quality for most people. - Click Download. When it is done, open a new chat and load the model.
The files are GGUF builds that LM Studio can load. We checked that this repo exists on Oct 14, 2026. Full LM Studio guide.
How to use it with Hermes
Does it fit? Yes. Its memory window is big enough for Hermes.
- Load the model in LM Studio. Set the context length to at least 64000.
- In LM Studio, open the Developer tab and start the server.
- In a terminal, run
hermes model. Choose LM Studio and press Enter to keephttp://localhost:1234/v1. - Pick this model from the list. Then run
hermesto start.
Common questions
Is Mistral Small 3.2 truly open source?
Yes, OSI-approved license. A standard open source license. You can use, change, and share it, even to make money. Keep the license notice.
Can I use Mistral Small 3.2 for my business?
Yes. Business use is allowed. Keep the license and notice files when you share it.
Do I need to sign up to download Mistral Small 3.2?
No. Download without an account.
How much memory does Mistral Small 3.2 need?
Our estimate is about 20 GB of RAM for a 4-bit file of about 14.4 GB. This is a rough guide, not a test.
Sources we checked
| Fact | What we found | Status |
|---|---|---|
| Maker | Mistral AI | Verified Oct 14, 2026 |
| License | Apache License 2.0 | Verified Oct 14, 2026 |
| License plain | A standard open source license. You can use, change, and share it, even to make money. Keep the license notice. | Verified Oct 14, 2026 |
| Truly open | Yes, OSI-approved license | Verified Oct 14, 2026 |
| Business use | Yes. Business use is allowed. Keep the license and notice files when you share it. | Verified Oct 14, 2026 |
| Signup needed | No. Download without an account. | Verified Oct 14, 2026 |
| Parameters | 24.0 billion | Verified Oct 14, 2026 |
| Open training data | Not yet checked | We have not found a full public training data release. Not yet checked in depth. |
| Context window | 128K tokens | Verified Oct 14, 2026 |
| First posted | 2025-06-19 | Verified Oct 14, 2026 |
| Gguf files | lmstudio-community/Mistral-Small-3.2-24B-Instruct-2506-GGUF | Verified Oct 14, 2026 |
| Hermes ok | Yes | Verified Oct 14, 2026 |
If the maker's page and this page disagree, trust the maker. Tell us what we got wrong.
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