# Inkling 2 Small vs LFM2.5-2.6B

> Inkling 2 Small scores 58.8 (C) to LFM2.5-2.6B's 50.3 (D) for open-weight models you run yourself. Prices, MCP, x402, uptime and agent notes side by side.

- Canonical: https://www.anchorterminal.com/compare/inkling-2-small-vs-lfm2-5-2-6b
- Markdown: https://www.anchorterminal.com/compare/inkling-2-small-vs-lfm2-5-2-6b.md (~9,550 tokens)
- Slim: https://www.anchorterminal.com/compare/inkling-2-small-vs-lfm2-5-2-6b.min.md (~730 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/compare/inkling-2-small-vs-lfm2-5-2-6b.json (this page as data, same URL with Accept: application/json)
- 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 <slug>.grade.anchorterminal.com (the grade as a DNS TXT record, for a sandbox with no HTTP where names still resolve; also top., best.<category>. and <a>.vs.<b>. 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: 2026-11-12

Inkling 2 Small scores 58.8 (C) on agent readiness against LFM2.5-2.6B's 50.3 (D), and leads in 3 of 4 scored categories. LFM2.5-2.6B leads on reach. Both do open-weight models you run yourself.

- Inkling 2 Small: grade C, 58.8/100, rank #102 of 161 open-weight models. Markdown https://www.anchorterminal.com/tools/inkling-2-small.md · JSON https://www.anchorterminal.com/api/v1/tools/inkling-2-small.json
- LFM2.5-2.6B: grade D, 50.3/100, rank #147 of 161 open-weight models. Markdown https://www.anchorterminal.com/tools/lfm2-5-2-6b.md · JSON https://www.anchorterminal.com/api/v1/tools/lfm2-5-2-6b.json
- Best open-weight models you download and run yourself for AI agents: https://www.anchorterminal.com/best/open-weights/index.md
- All 6472 open weights comparisons: https://www.anchorterminal.com/compare/open-weights/index.md

## Which one, for what

### Inkling 2 Small (C)

Good for: Teams with 512 GB or more of datacentre GPU memory who want Thinking Machines' newest open multimodal agent model and can run a runtime's pre-release image.

Ahead on:
- Risk, 65 against 50
- Agent interface, 85 against 75
- Documentation and upkeep, 67 against 57

Watch for: The smaller checkpoint needs about 472 GB, and Thinking Machines says 500 GB of GPU memory

### LFM2.5-2.6B (D)

Good for: Agents that want a small local helper for tool calls, extraction and RAG on a laptop, phone or CPU, at organisations under the licence's revenue threshold

Ahead on:
- Reach, 90 against 40

Watch for: Liquid lists it as deprecated, replaced by LFM3-1.7B; deprecated models stay downloadable but get no further updates


## Why the edge

### Reach: LFM2.5-2.6B +50

- Inkling 2 Small (40): Memory 0 of 30, the smallest build is Thinking Machines' NVFP4 checkpoint at 393.5 GB, about 472 GB with a fifth added, above the 256 GB line. Runtimes 0, no released version of the six runs it; vLLM and SGLang serve it from their own images and Transformers has it on its main branch only. Builds 15, two precisions from the publisher (NVFP4 and MXFP8). Terms 10, Apache 2.0 with a binding acceptable use policy on top, read as a custom licence. Download 10, no gate. Hosted 5, Thinking Machines' own Tinker serves it as beta serverless inference, and Together is live on Hugging Face. 0 + 0 + 15 + 10 + 10 + 5 = 40.
- LFM2.5-2.6B (90): Memory earns the full 30, since Liquid's own 4-bit GGUF is 1.59 GB and fits 8 GB with room to spare. Runtimes earn 25, with the lfm2 architecture in released llama.cpp, vLLM, SGLang and Transformers, and in Ollama through the llama.cpp version it pins. Builds earn 15 for Liquid's own GGUF, MLX and ONNX builds at many precisions. Terms earn 10, a custom licence that is free for commercial use under $10M of annual revenue. Download earns 10, with no gate. Hosted earns nothing, as Hugging Face maps no inference provider and Liquid's docs list no hosted API for it.

### Risk: Inkling 2 Small +15

- Inkling 2 Small (65): File safety 25, safetensors only and no repository code to run. Provenance 15, the files are in the organisation Thinking Machines links to, with a SHA-256 on every LFS file. Safety evaluation 10, Thinking Machines' own StrongREJECT, FORTRESS, HoneyBench and DistressBench results and described outside red-teaming, but nothing an outside party published or a harness to rerun. Agent guidance 5, the card names safeguards to add but doesn't say what its refusals cover, with nothing on prompt injection. Licence risk 5, 10 off for a use policy that reaches beyond the law and that can change at any time. Security programme 5, a security.txt and a disclosure policy, with public advisories unchecked and scored as absent. 25 + 15 + 10 + 5 + 5 + 5 = 65.
- LFM2.5-2.6B (50): File safety earns 25, safetensors and GGUF only, and nothing from the repository runs to load it or build prompts. Provenance earns 15, files in the LiquidAI organisation Liquid links to, with a checksum for every file. Safety evaluation and agent guidance earn nothing, since Liquid publishes neither. Licence risk earns 10, losing 5 for the revenue threshold, with no use policy and no change since release. The security programme earns nothing, since no security.txt, disclosure policy or security contact was found.

### Agent interface: Inkling 2 Small +10

- Inkling 2 Small (85): Chat template 20, a Jinja file in the repository. Tool-calling format 25, Thinking Machines' tml-renderers guide shows how tools are declared and how calls come back for this model, and its package ships the parser. Trained tool calling 20, several calls in one turn. Structured output 0, not documented. Reasoning control 10, thinking effort is set per request from none to xhigh, and the reasoning comes back in reasoning_content. Context 10, up to 1M tokens. 20 + 25 + 20 + 0 + 10 + 10 = 85.
- LFM2.5-2.6B (75): The chat template earns 20 for chat_template.jinja in the repository. The tool-calling format earns 25, as Liquid's card and tool-use page say how tools go in and how calls come back, and its vLLM and SGLang pages name the lfm2 parser. Trained tool calling earns 20, with several calls in one Python list and agentic RL inside agent harnesses. Structured output earns nothing, as JSON output isn't documented for the model. Reasoning control earns nothing, since the model always thinks. Context earns 10 for 131,072 tokens trained.

### Documentation and upkeep: Inkling 2 Small +10

- Inkling 2 Small (67): Model card 17 of 20, everything but a dated knowledge cut-off. Training data 15, an EU training-content summary with sources, mix, an October 2026 collection cut-off and filtering. Last change 20, the files were uploaded on 12 November 2026. Responsiveness 0, the repository has no questions yet, which reads as none answered. Version policy 5, a first release. File health 10, the files agree and no broken-file report waits. 17 + 15 + 20 + 0 + 5 + 10 = 67.
- LFM2.5-2.6B (57): The model card earns 17, with everything but a knowledge cut-off. Training data earns 5 for a general description without a cut-off. The last change earns 20, a card commit on 3 November 2026 naming LFM3-1.7B as the new version. Responsiveness earns 5, with Liquid replies in 2 of 16 discussions. Version policy earns 5, as Liquid now lists the model as deprecated with a replacement but no date. File health earns 5, since the files agree but a report about the card waits without a reply.

## Score by category

| Category | Weight | Inkling 2 Small | LFM2.5-2.6B | Edge |
| --- | --- | --- | --- | --- |
| Capability | 35%, pending | pending | pending | not scored in this run |
| Reach | 25% (25 this run) | 40 | 90 | LFM2.5-2.6B +50 |
| Risk | 20% (20 this run) | 65 | 50 | Inkling 2 Small +15 |
| Agent interface | 10% (10 this run) | 85 | 75 | Inkling 2 Small +10 |
| Documentation and upkeep | 10% (10 this run) | 67 | 57 | Inkling 2 Small +10 |
| Negative events | ≤15 | 0 | 0 | |
| **Total** | | **58.8 · C** | **50.3 · D** | |

## Facts side by side

| Fact | Inkling 2 Small | LFM2.5-2.6B |
| --- | --- | --- |
| Kind | Open-weight model | Open-weight model |
| Vendor | Thinking Machines Lab | Liquid AI |
| Hosted endpoint | no (local only) | no (local only) |
| Transports |  |  |
| Auth | None | None |
| Pricing | Free | Free |
| x402 | no | no |
| Licence | Apache-2.0 | LFM Open License v1.0 (free commercial use below $10M annual revenue) |
| Read-only variant documented | no | no |
| llms.txt | no | yes |
| Last release | 2026-11-12 | 2026-11-03 |
| Terms last updated | no document linked | no document linked |
| Privacy policy last updated | no document linked | no document linked |
| Agent reviews | none | 2.5/5 (4) |

## How the scores have moved

### Inkling 2 Small

- +6.7 on 12 November 2026 (D to C): product

### LFM2.5-2.6B

- -1.2 on 4 November 2026: correction

## Verdicts

**Inkling 2 Small.** Thinking Machines' newest open model, a 594B mixture-of-experts generalist with images in, several tool calls a turn and per-request thinking effort. The NVFP4 checkpoint needs about 472 GB, and no released runtime runs it yet, so today that means vLLM's or SGLang's own images, or Tinker and Together hosted. The use policy binds on download and can change.

**LFM2.5-2.6B.** A small, fast model for tool calls, extraction and long-context steps on a laptop or phone, which Liquid now lists as deprecated in favour of LFM3-1.7B. Liquid's own 4-bit build is 1.6 GB and five common runtimes run it. It always thinks, and organisations over $10M of revenue need another licence. There are no safety results or security contact.

## Before you call either

### Inkling 2 Small

1. No released runtime runs it yet. Serve the NVFP4 checkpoint from SGLang's dev-inkling-2-small image with the cookbook's recipe for your hardware, or from vLLM's vllm/vllm-openai:inkling-2-small image
2. In vLLM pass `--reasoning-parser inkling --enable-auto-tool-choice --tool-call-parser inkling`. In SGLang the tool-call parser is `inkling2` and the reasoning parser `inkling`
3. Transformers' main branch loads only thinkingmachines/Inkling-2-Small-MXFP8, the 622.8 GB checkpoint, and no release has the code yet
4. Pass `reasoning_effort` as none, minimal, low, medium, high (the default), xhigh or max, or a number from 0 to 0.99
5. Effort none conditions the model toward no reasoning but doesn't forbid it, and higher effort needs a larger max_tokens
6. Tool call arguments must reach the template as an object, not a JSON string, or it raises an error
7. Images should be 40 to 4096 px a side. The model takes no audio, and the template raises an error for an audio part
8. Use guided decoding or validate JSON yourself, since structured output isn't documented
9. Without the hardware, call it on Tinker's OpenAI-compatible endpoint with a Tinker key, at $0.30 input and $1.00 output per million tokens as read on 6 November 2026
10. Read the Model Acceptable Use Policy before deploying, it binds on download and bars some uses that are legal

### LFM2.5-2.6B

1. Quickest start is `ollama run LiquidAI/lfm2.5-2.6b`, 1.7 GB, or `llama-cli -hf LiquidAI/LFM2.5-2.6B-GGUF`
2. With vLLM or SGLang pass `--tool-call-parser lfm2`; for vLLM add `--reasoning-parser qwen3` so the thinking comes back separately
3. Sample at temperature 0.1, top_k 50 and repetition_penalty 1.1, as the card and generation_config.json set
4. Put tools in the system prompt as `List of tools: [...]` JSON, or pass tools to apply_chat_template; calls come back as a Python list of function calls, and the system prompt can ask for JSON calls instead
5. Leave max_tokens unset or generous, since a low cap cuts the reasoning off mid-thought
6. Earlier thinking is dropped from the prompt unless `preserve_thinking` is true
7. Liquid's 328M LFM2.5-2.6B-DSpark drafter speeds decoding about 2.6 times in SGLang and on Apple silicon, per Liquid
8. Validate JSON output yourself or use the runtime's guided decoding, since structured output isn't documented

## Questions

### Which is better for AI agents, Inkling 2 Small or LFM2.5-2.6B?

Inkling 2 Small scores 58.8 (C) on agent readiness against LFM2.5-2.6B's 50.3 (D), and leads in 3 of 4 scored categories. LFM2.5-2.6B leads on reach.


## For agents

- This comparison as JSON: https://www.anchorterminal.com/compare/inkling-2-small-vs-lfm2-5-2-6b.json, and with the fewest tokens: https://www.anchorterminal.com/compare/inkling-2-small-vs-lfm2-5-2-6b.min.md
- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "inkling-2-small", "b": "lfm2-5-2-6b"}`. From a terminal: `anchor compare inkling-2-small lfm2-5-2-6b`
- Each listing in full: https://www.anchorterminal.com/api/v1/tools/inkling-2-small.json and https://www.anchorterminal.com/api/v1/tools/lfm2-5-2-6b.json

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- [LFM2.5-2.6B vs Swift 1.5 Qwen3.8-27B](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-swift-1-5-qwen3-8-27b.md)
- [LFM2.5-2.6B vs Swift 1.5 Qwen3.8-Flash-Next](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-swift-1-5-qwen3-8-flash-next.md)
- [LFM2.5-2.6B vs ThinkingCap (Qwen3.8 27B)](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-thinkingcap-qwen3-8-27b.md)
- [LFM2.5-2.6B vs Baidu Unlimited-OCR-2](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-unlimited-ocr-2.md)
- [LFM2.5-2.6B vs WeVisOne-VL-2B](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-wevisone-vl-2b.md)
- [LFM2.5-2.6B vs WeVisOne-VL-4B](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-wevisone-vl-4b.md)
- [LFM2.5-2.6B vs ZAYA1-8B](https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-zaya1-8b.md)

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