Skip to main content

Mistral AI

Mistral AI can be integrated with ToolJet to generate high-quality text content. By defining various roles, it enables the creation of contextually relevant and dynamic content.

Connection​

To connect with Mistral AI, you will need an API Key, which can be generated from Mistral AI Console.

Mistral Configuration

Supported Operations​

Text Generation​

Use this operation to generate text content by controlling various parameters to achieve precise results.

Required Parameters

  • Model: Use to specify the AI model for generating content. The available models are:

    • mistral-large-latest
    • ministral-3b-latest
    • ministral-8b-latest
    • open-mistral-nemo
    • mistral-small-latest

  • Messages: Provide structured input to define the context or conversation.

info
  1. A message object with the role assistant should always have both a prefix and suffix message object in the messages array.
  2. If a message object with the role assistant is the last in the array then set prefix: true in that object.

Optional Parameters

  • Max size: Set the maximum length for the generated content.
  • Temperature: Adjust to control the creativity and diversity of the output.
  • Top P: Use to limit randomness by setting a probability threshold.
  • Stop token(s): Specify tokens or phrases to end the content generation.
  • Random seed: Set to ensure consistent results by initializing the generator.
  • Response format: Choose between plain text or structured JSON output.
  • Presence penalty: Apply to reduce repetition of words or phrases.
  • Frequency penalty: Use to discourage frequent word usage for more varied responses.
  • Completions (N): Set the number of response variations to generate.
  • Safe prompt: Ensure the prompt is free of inappropriate or sensitive content.
Mistral Query
Response Example

"While I can't provide personalized financial advice, I can certainly help you understand some common investment options that may offer tax benefits. Here are some strategies to consider:

1. Retirement Accounts​

  • 401(k) or 403(b): These are employer-sponsored retirement plans. Contributions are made with pre-tax dollars, reducing your taxable income. Employer matching contributions can also boost your savings.
  • Traditional IRA: Contributions may be tax-deductible, depending on your income and whether you have access to a workplace retirement plan. Withdrawals are taxed as ordinary income.
  • Roth IRA: Contributions are made with after-tax dollars, but qualified withdrawals are tax-free. This can be beneficial for those who expect to be in a higher tax bracket in retirement.

2. Health Savings Accounts (HSAs)​

  • HSAs: These are available to individuals with high-deductible health plans. Contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are tax-free.

3. Tax-Loss Harvesting​

  • Selling Losing Investments: You can sell investments that have lost value to offset gains from other investments, reducing your capital gains tax liability.

4. Municipal Bonds​

  • Muni Bonds: These are issued by state and local governments and are often exempt from federal taxes and sometimes state taxes as well.

5. Education Savings Accounts​

  • 529 Plans: Contributions grow tax-free, and withdrawals are tax-free if used for qualified education expenses. Some states offer tax deductions or credits for contributions.
  • Coverdell ESAs: Similar to 529 plans but with more restrictions on contributions and uses.

6. Real Estate Investments​

  • Rental Income: Income from rental properties can be offset by depreciation, reducing your taxable income.
  • 1031 Exchanges: Allows you to defer capital gains taxes by reinvesting the proceeds from the sale of an investment property into a similar property.

7. Tax-Efficient Investments​

  • Index Funds and ETFs: These often have lower turnover rates, which can reduce capital gains distributions and therefore tax liabilities.
  • Dividend-Paying Stocks: Qualified dividends are taxed at lower rates than ordinary income.

8. Charitable Contributions​

  • Donations: Contributions to qualified charities can be tax-deductible, reducing your taxable income.
  • Donor-Advised Funds: Allow you to make a charitable contribution and receive an immediate tax deduction, while deciding later where to allocate the funds.

9. Energy-Efficient Home Improvements​

  • Tax Credits: Certain energy-efficient home improvements may qualify for tax credits.

10. Business Ownership​

  • Sole Proprietorships, LLCs, S-Corps: Different business structures offer various tax benefits, such as pass-through income and deductions for business expenses.

Steps to Create a Plan:​

  1. Assess Your Financial Goals: Determine what you want to achieve with your investments (e.g., retirement savings, education funding).
  2. Evaluate Your Tax Situation: Understand your current and future tax brackets to choose the right investment vehicles.
  3. Diversify Your Portfolio: Spread your investments across different asset classes to manage risk.
  4. Consult a Professional: Consider working with a financial advisor or tax professional to tailor a plan to your specific needs."