# EXAONE 4.5 33B vs Mistral Large 4 > EXAONE 4.5 33B scores 61 (C) to Mistral Large 4's 54.6 (C) for open-weight models you run yourself. Prices, MCP, x402, uptime and agent notes side by side. - Canonical: https://www.anchorterminal.com/compare/exaone-4-5-33b-vs-mistral-large-4 - Markdown: https://www.anchorterminal.com/compare/exaone-4-5-33b-vs-mistral-large-4.md (~9,900 tokens) - Site index for agents: https://www.anchorterminal.com/llms.txt (the key docs and every listing in one file, at most 16 MB, about 4 million tokens: https://www.anchorterminal.com/llms-full.txt) - API: https://www.anchorterminal.com/api/v1/index.json - MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key) - DNS: dig +short TXT .grade.anchorterminal.com (the grade as a DNS TXT record, for a sandbox with no HTTP where names still resolve; also top., best.. and .vs.. under the zone, and the same under grade.letme.dev) - Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data) - Updated: 2026-11-10 EXAONE 4.5 33B scores 61 (C) on agent readiness against Mistral Large 4's 54.6 (C), and leads in 1 of 4 scored categories. Mistral Large 4 leads on risk, agent interface and documentation and upkeep. Both do open-weight models you run yourself. - EXAONE 4.5 33B: grade C, 61/100, rank #61 of 160 open-weight models. Markdown https://www.anchorterminal.com/tools/exaone-4-5-33b.md · JSON https://www.anchorterminal.com/api/v1/tools/exaone-4-5-33b.json - Mistral Large 4: grade C, 54.6/100, rank #128 of 160 open-weight models. Markdown https://www.anchorterminal.com/tools/mistral-large-4.md · JSON https://www.anchorterminal.com/api/v1/tools/mistral-large-4.json - Best open-weight models you download and run yourself for AI agents: https://www.anchorterminal.com/best/open-weights/index.md - All 6359 open weights comparisons: https://www.anchorterminal.com/compare/open-weights/index.md ## Which one, for what ### EXAONE 4.5 33B (C) Good for: Researchers and students working on documents, Korean or multimodal agents who don't need commercial rights Ahead on: - Reach, 65 against 50 Watch for: Research and education only. No commercial use of the model or its output ### Mistral Large 4 (C) Good for: Operators with an 8-GPU Blackwell or H200 node who want a frontier-sized open model for coding agents and defensive security, with a hosted twin on Mistral's API. Ahead on: - Risk, 75 against 50 - Agent interface, 95 against 85 - Documentation and upkeep, 64 against 50 Watch for: The smallest 4-bit build needs about 732 GB, so nothing fits a single workstation or a 128 GB machine ## Why the edge ### Risk: Mistral Large 4 +25 - EXAONE 4.5 33B (50): File safety 25, safetensors and GGUF only, no .bin, .pt or .pth files and no Python in the repository. Provenance 15, the files sit in the LGAI-EXAONE organisation (LG AI Research on the Hub), which the card's GitHub repository shares a name with and the licence in the repository is LG's (10). Safety evaluation 0, no safety results on the card. Agent guidance 5, General cautions: the limitation section lists inappropriate, biased, incorrect and outdated answers and tells users not to try to induce harmful output. Licence risk 5, 15 less 5 for field-of-use limits beyond the law (no commercial use, no building competing models) and 5 for terms the licensor can change or revoke (LG may amend the agreement at any time, and the licence is revocable). Security programme 0, no way to report a flaw on the card beyond a support contact, and www.lgresearch.ai has no security.txt. 25 + 15 + 0 + 5 + 5 + 0 = 50. - Mistral Large 4 (75): File safety scores 25, safetensors only and loaded by Transformers' own code with a Jinja template. Provenance scores 15, Mistral's verified organisation with a hash on every file. Safety evaluation scores 10, refusal and prompt-injection results Mistral ran itself, listed in its 2 November technical report as internal, and red-teaming by outside firms with nothing published. Agent guidance scores 10 for a statement of what the refusals cover and a claim of trained injection resistance, with only general safeguards. Licence risk scores 10, 5 off for the Model-as-a-Service limit. The security programme scores 5 for security.txt with no public advisories. 25 + 15 + 10 + 10 + 10 + 5 = 75. ### Reach: EXAONE 4.5 33B +15 - EXAONE 4.5 33B (65): Memory 20, the smallest build at 4 bits is LG's IQ4_XS GGUF, 18.03 GB with the 2.57 GB projector, and 20.60 GB × 1.2 = 24.7 GB, within 32 GB. Without the projector, for text only, it would fit 24 GB. Runtimes 15, Released vLLM 0.33.0 has exaone4_5.py, Transformers 5.22.2 has the exaone4_5 model, and llama.cpp b12242 has the architecture, with LG's own GGUF. Three at 5 each. Builds 15, LG publishes GGUF at five quantised precisions, an AWQ build and an FP8 build. Terms 5, Research and educational use only. Download 10, the Hub API reports gated false for all four repositories on 10 November 2026, so the files download with no account and no click-through, though the licence says downloading is acceptance. Hosted 0, Hugging Face maps no inference provider to it, and the card names no API that serves it. 20 + 15 + 15 + 5 + 10 + 0 = 65. - Mistral Large 4 (50): Memory scores 0, since the smallest 4-bit build, Mistral's NVFP4, is 610 GB, about 732 GB with a fifth added, far above 256 GB. Runtimes score 10, released Transformers and llama.cpp have the architecture, while vLLM v0.33.0 and SGLang v0.5.23 still lack it, the llama.cpp build Ollama 0.40.14 pins predates it, and LM Studio has no entry. Builds score 15 for Mistral's FP8 and NVFP4 releases. Terms score 10, a modified MIT licence that is free commercially except for Model-as-a-Service businesses. Download scores 10 with no gate, and hosted too scores 5 because Mistral's API serves these weights. 0 + 10 + 15 + 10 + 10 + 5 = 50. ### Documentation and upkeep: Mistral Large 4 +14 - EXAONE 4.5 33B (50): Model card 20, Uses (the quickstart's question answering, document and agent examples), limitations, the architecture, the parameters, the context, the languages (in the metadata) and a knowledge cut-off of December 2024 are all on the card. Training data 5, A knowledge cut-off and one line on excluding personal, harmful and biased content, with no sources or sizes. Last change 10, the main repository last changed on 6 July 2026 (dependencies moved to official releases), 127 days before this check, and the FP8 repository on 9 August, 93 days. Responsiveness 0, none of the 5 most recent discussions that aren't pull requests (13 April to 4 May 2026) has a reply from an LGAI-EXAONE member, counted on 10 November by author flags and dates with a script, text not read. Version policy 5, EXAONE 4.0 and 4.0.1 stay in their own repositories and 4.5 came out in new ones, with no dated note on the older cards that we read. File health 10, Config, template and card agree on the architecture and the 262,144 tokens, and a July commit moved the dependencies to released versions. 20 + 5 + 10 + 0 + 5 + 10 = 50. - Mistral Large 4 (64): The card covers intended use, architecture, parameters, context and languages, and misses limitations and a cut-off (14). Training data is described by its mix in the technical report, with no sources, cut-off or filtering (5). The files changed on 2 November 2026, when the report was added (20). A Mistral member replied in three of nine discussions (10). It's a first release with older Large models in their own repositories and no dated note (5), and the files agree with each other and the card (10). 14 + 5 + 20 + 10 + 5 + 10 = 64. ### Agent interface: Mistral Large 4 +10 - EXAONE 4.5 33B (85): Chat template 20, chat_template.jinja in the repository (5,930 characters). Tool-calling format 25, the card's vLLM command names the parser, hermes with auto tool choice, and its agentic example calls tools from MCP servers through the OpenAI-compatible API, so declaration and return follow that API. Trained tool calling 20, the card reports agentic tool use among its language results and shows an agent run with several tool servers, and the template renders every call in a turn. Structured output 0, Nothing on the card about JSON or schema-constrained output. Reasoning control 10, enable_thinking is on by default and the card says to set it false for the non-reasoning mode, with an example of each. Context 10, 262,144 tokens per the card's configuration table and config.json, and the card's serve commands run at that length. 20 + 25 + 20 + 0 + 10 + 10 = 85. - Mistral Large 4 (95): The chat template is in the repository (20). The card documents how tools are declared and come back and names the parser (25), and the template renders several calls in one turn (20). Strict JSON Schema output is documented with how to ask for it (15). Reasoning effort is budgeted per request with the reasoning returned apart from the answer (10). Context scores 5, because the 1M window comes from YaRN scaling and the technical report gives 40K as the longest pretraining sequence. 20 + 25 + 20 + 15 + 10 + 5 = 95. ## Score by category | Category | Weight | EXAONE 4.5 33B | Mistral Large 4 | Edge | | --- | --- | --- | --- | --- | | Capability | 35%, pending | pending | pending | not scored in this run | | Reach | 25% (25 this run) | 65 | 50 | EXAONE 4.5 33B +15 | | Risk | 20% (20 this run) | 50 | 75 | Mistral Large 4 +25 | | Agent interface | 10% (10 this run) | 85 | 95 | Mistral Large 4 +10 | | Documentation and upkeep | 10% (10 this run) | 50 | 64 | Mistral Large 4 +14 | | Negative events | ≤15 | 0 | 0 | | | **Total** | | **61 · C** | **54.6 · C** | | ## Facts side by side | Fact | EXAONE 4.5 33B | Mistral Large 4 | | --- | --- | --- | | Kind | Open-weight model | Open-weight model | | Vendor | LG AI Research | Mistral AI | | Hosted endpoint | no (local only) | no (local only) | | Transports | | | | Auth | None | None | | Pricing | Free | Free | | x402 | no | no | | Licence | EXAONE AI Model License Agreement 1.2 - NC (research and education only) | Mistral Ecosystem Open-Weight License (modified MIT) | | Read-only variant documented | no | no | | llms.txt | no | no | | Last release | 2026-07-06 | 2026-10-29 | | Terms last updated | not read yet | no document linked | | Privacy policy last updated | no document linked | no document linked | ## Verdicts **EXAONE 4.5 33B.** A well-documented vision-language model with a full set of builds, tool calling, switchable reasoning, a 256K context and a stated knowledge cut-off. The licence decides whether you can use it: research and education only, output included, and LG can change the terms. Nothing answered on the repository and no safety results. **Mistral Large 4.** A 1T-parameter mixture-of-experts model from Mistral for coding agents and defensive security, with strict JSON Schema output, parallel tool calls and three reasoning efforts. It needs a multi-GPU server, about 732 GB for the smallest 4-bit build, and no released vLLM or SGLang loads it. The licence bars Model-as-a-Service businesses without a separate deal. ## Before you call either ### EXAONE 4.5 33B 1. Don't use it, or anything it writes, commercially. The licence covers the output too 2. Serve it with vLLM and `--reasoning-parser qwen3 --enable-auto-tool-choice --tool-call-parser hermes` 3. Set `enable_thinking` false for a direct answer. Thinking is on by default 4. Use temperature 1.0, top_p 0.95 and presence_penalty 1.5 in general, and temperature 0.6 with top_k 20 for documents and Korean 5. For llama.cpp, load a projector file from LG's GGUF repository with the weights for image input 6. Its knowledge stops at December 2024 ### Mistral Large 4 1. Serve the NVFP4 build on Blackwell with `vllm/vllm-openai:mistral-large-4 --model mistralai/Mistral-Large-4-1T-A52B-NVFP4 --tensor-parallel-size 8 --kv-cache-dtype fp8_ds_mla --tool-call-parser mistral --reasoning-parser mistral --enable-auto-tool-choice`; released vLLM doesn't load it 2. On H200 use the FP8 build with tensor parallelism of 16 or 8 by 2 pipelines, per vLLM's recipe 3. Pass `reasoning_effort` low, medium or high (default high); any other value makes the template raise an error, and there is no off switch 4. Read the reasoning from `message.reasoning`; `max_completion_tokens` counts reasoning tokens too 5. Use temperature 1.0 and top_p 0.95 at every effort, per the card 6. Ask for JSON with `response_format` type json_schema and strict true; the template passes the schema to the model 7. The template rejects a tool message straight after a user message and a conversation that doesn't start with a user or system message 8. Add `--speculative-config '{"method": "dspark", "num_speculative_tokens": 3}'` to use the embedded draft head 9. If you'll offer it to others as a hosted model, read the licence first; Model-as-a-Service use needs Mistral's commercial licence ## Questions ### Which is better for AI agents, EXAONE 4.5 33B or Mistral Large 4? EXAONE 4.5 33B scores 61 (C) on agent readiness against Mistral Large 4's 54.6 (C), and leads in 1 of 4 scored categories. Mistral Large 4 leads on risk, agent interface and documentation and upkeep. ## For agents - This comparison as JSON: https://www.anchorterminal.com/compare/exaone-4-5-33b-vs-mistral-large-4.json, and with the fewest tokens: https://www.anchorterminal.com/compare/exaone-4-5-33b-vs-mistral-large-4.min.md - Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "exaone-4-5-33b", "b": "mistral-large-4"}`. From a terminal: `anchor compare exaone-4-5-33b mistral-large-4` - Each listing in full: https://www.anchorterminal.com/api/v1/tools/exaone-4-5-33b.json and https://www.anchorterminal.com/api/v1/tools/mistral-large-4.json ## Other comparisons with EXAONE 4.5 33B or Mistral Large 4 - [Agents-A1-4B vs EXAONE 4.5 33B](https://www.anchorterminal.com/compare/agents-a1-4b-vs-exaone-4-5-33b.md) - [Agents-A1-4B vs Mistral Large 4](https://www.anchorterminal.com/compare/agents-a1-4b-vs-mistral-large-4.md) - [Apertus v1.5 8B vs EXAONE 4.5 33B](https://www.anchorterminal.com/compare/apertus-v1-5-8b-vs-exaone-4-5-33b.md) - [Apertus v1.5 8B vs Mistral Large 4](https://www.anchorterminal.com/compare/apertus-v1-5-8b-vs-mistral-large-4.md) - [Apodex-1.1-mini vs EXAONE 4.5 33B](https://www.anchorterminal.com/compare/apodex-1-1-mini-vs-exaone-4-5-33b.md) - [Apodex-1.1-mini vs Mistral Large 4](https://www.anchorterminal.com/compare/apodex-1-1-mini-vs-mistral-large-4.md) - [Arete-27B vs EXAONE 4.5 33B](https://www.anchorterminal.com/compare/arete-27b-vs-exaone-4-5-33b.md) - 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