Mistral limits Timestral weights to companies with no more than $20M in monthly revenue
Mistral released Timestral, four CPU-capable forecasting models, with weights licensed only to firms at or under $20M in monthly revenue. The license text, as DEV Community quotes it, tests the preceding month, so eligibility can change monthly.
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Three figures: the license bars companies whose global consolidated monthly revenue exceeds $20 million for the preceding month; a flat $20 million a month is $240 million a year; the 5M-parameter model's license carries the same $20 million cap.
| Figure | Value | Note | Claim |
|---|---|---|---|
| Monthly revenue cap, tested on the preceding month | $20 million | 9 | |
| Cap held flat for a year | $240 million | 17 | |
| Small model, same cap | 5 M parameters | 12 |
What happened
- Mistral reports 10 ms for the 5M model and 140 ms for the 209M model on a server CPU, and says the family needs no GPU at inference.
- The inference code is Apache 2.0, while the weights sit on the Hugging Face Hub under what Mistral calls a Modified MIT license.
- The revenue restriction extends to any derivatives, modifications or combined works built on the weights.
- Every benchmark number comes from Mistral, and the model card lists a tech report as "coming soon", DEV Community notes.
Why it matters
- What it limits constraint A large company gains nothing by choosing a smaller checkpoint. The 5M model's license carries the same $20M cap.
- Who's exposed exposure A company with a seasonal peak can exceed $20M in one month while averaging less over the year, and the license text tests the preceding month.
- Who has to decide decision A company above the line has two routes: a commercial license at Mistral's sole discretion, or Mistral's hosted services. DEV Community reports no API price is listed for the Public Preview.
The gate sits on the company. DEV Community quotes the license file as saying a user is "not authorized to exercise any rights under this license if the global consolidated monthly revenue of your company" "exceeds $20 million (or its equivalent in another currency) for the preceding month." [9] The same post says the test reaches an employer's revenue too [9]. Held flat, $20 million a month is $240 million a year [17]. A team near that line would need a revenue forecast to know whether it may run the forecasting model.
The setup behind the CPU figure is narrow. Mistral timed one day ahead from three weeks of 15-minute history on a "standard server CPU with 8 threads" [2]. That history is 2,016 steps [14], about 6% of the 32,768 past steps the 209M model can read [15]. We'd expect a pipeline that feeds the model its full context to run slower than 140 ms.
The benchmark lead is small. On GIFT-Eval the 209M model scores a MASE of 0.658 against 0.661 for t0-gamma, a gap of 0.003 [16]. On fev-bench it posts 50.39 against 49.42 [4]. Mistral says each result comes from a single checkpoint with no ensembling, and that most training data is synthetic, so "nothing we backtest was seen during pre-training" [19]. For a 0.003 gap to hold on your data, your series would have to resemble the benchmark mix, and your error metric would have to track MASE.
Teams under the cap have a cheaper option in the smaller checkpoints. Mistral says the 123M model comes within 0.2% of the 209M score at three quarters of its latency [3]. It also says its 28M model beats Chronos-2, about four times larger, on GIFT-Eval and TIME [7]. On GIFT-Eval MASE the 28M scores 0.678 against 0.698 for Chronos-2 [6].
What to watch
- Mistral's tech report, listed as "coming soon", which would let outsiders check the method and the synthetic-data claim.
- Whether Mistral publishes an API price when Timestral leaves Public Preview, which sets the cost for companies above the cap.
- Independent reruns of the 209M model on non-benchmark series, where a 0.003 MASE lead has to survive.
Clarity's read
What the record supports and how the coverage leans. The claims behind it follow.
Reality
- Evidence40
- Adoption
- Not scored
- Hype gap+20
- Incentives65
- Confidence60
Claim ledger
Ranked by verification strength, evidence, and original report placement.
- [1]
Timestral is a family of four models, at 5M, 28M, 123M and 209M parameters, that share the same architecture and training recipe.
- [2]
Mistral says Timestral does not need a GPU at inference. On a standard server CPU with 8 threads, forecasting one day ahead from three weeks of 15-minute history takes 10 ms with the 5M model and 140 ms with the 209M model.
- [3]
The 28M model is five times faster than the 209M model, and the 123M model comes within 0.2% of the 209M score at three quarters of its latency.
- [4]
On the model card's comparison table, Timestral-209M scores a MASE of 0.658 on GIFT-Eval against 0.661 for t0-gamma, 0.667 for TimesFM-3 and 0.698 for Chronos-2 (lower is better). On fev-bench's SQL skill score it posts 50.39 against 49.42 for t0-gamma and 47.28 for Chronos-2 (higher is better).
- [5]
The 209M model reads up to 32,768 past steps and forecasts up to 1,024 steps per forward pass.
- [6]
The 28M model scores 0.678 on GIFT-Eval MASE and 0.638 on TIME MASE, against 0.698 and 0.662 for Chronos-2.
- [7]
Mistral says its 28M model beats Chronos-2, about four times larger, on GIFT-Eval and TIME.
- [8]
The inference code is Apache 2.0. The weights are distributed separately on the Hugging Face Hub under what Mistral calls a Modified MIT license.
- [9]
DEV Community quotes the license file as saying a user is "not authorized to exercise any rights under this license if the global consolidated monthly revenue of your company" (or the user's employer) "exceeds $20 million (or its equivalent in another currency) for the preceding month."
- [10]
The revenue restriction covers the model and any derivatives, modifications, or combined works.
- [11]
Companies above the revenue line can ask Mistral for a commercial license, which it may grant at its sole discretion, or use Mistral's hosted services.
- [12]
The 5M model's license carries the same $20 million cap, so a smaller checkpoint is not a way around it.
- [13]
Mistral's docs list Timestral 1.0 as a "Public Preview" and name no API price.
- [14]
Three weeks of 15-minute history is 2,016 steps.
- [15]
The benchmarked history of 2,016 steps is about 6% of the 32,768-step maximum context.
- [16]
The 209M model's GIFT-Eval MASE lead over t0-gamma is 0.003.
- [17]
A flat $20 million a month is $240 million a year.
- [18]
Every benchmark number comes from Mistral, and the model card says a tech report is "coming soon".
- [19]
Mistral says the results come from a single checkpoint with no ensembling and that most training data is synthetic, so "nothing we backtest was seen during pre-training".
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Sources
2 independent publishers whose own reporting we read for this story.
- dev.toMistral's Timestral Runs on a CPU. Its 'Modified MIT' License Stops at $20M a Month
1 article · October 15, 2026
- mistral.aiIntroducing Timestral
1 article · October 15, 2026
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