In May 2025, French AI startup Mistral AI launched its Document AI Platform, a cutting-edge solution designed to transform how enterprises process documents. Combining state-of-the-art OCR (Optical Character Recognition) with advanced structured data extraction, the platform boasts 99%+ accuracy across 11+ languages, outperforming competitors like Google Document AI and Azure OCR in benchmark tests.
With 90% of organisational data still trapped in unstructured documents, Mistral’s innovation addresses a critical pain point: converting paper trails, physical notes, and complex layouts (e.g., contracts, invoices, scientific papers) into searchable, actionable digital formats. The platform’s multimodal AI goes beyond text extraction, interpreting tables, equations, and images - making it ideal for sectors like legal, government, and academia.
Initially rolled out via Mistral’s developer platform"La Plateforme", the API is accessible at $1 per 1,000 pages for basic OCR and $3 per 11,000 pages for annotated extraction, with options for on-premise deployment for compliance-sensitive industries.
Mistral Document AI leverages a proprietary OCR model (`mistral-ocr-latest`) and Gemini-powered annotations to deliver:
Superior Accuracy
Enterprise-Grade Use Cases
Flexible Deployment
Mistral AI’s Document AI Platform marks a paradigm shift in OCR technology, bridging the gap between physical documents and digital workflows. Its unmatched accuracy, speed, and multilingual capabilities position it as a game-changer for industries drowning in paperwork - from legal firms digitizing legacy contracts to hospitals automating patient records .
While the platform is still evolving (e.g., expanding language support, reducing annotation costs), its early adoption by research institutions and enterprises underscores its potential. As Mistral iterates based on user feedback, Document AI could soon become the gold standard for intelligent document processing - turning archives into assets with AI-driven precision.