Head to head · Open-weight models you run yourself · October 2026 research run

Inkling 2 Small vs Mistral Large 4

Inkling 2 Small scores 58.8 (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 reach, risk and agent interface. Both do open-weight models you run yourself.

Best open-weight models you download and run yourself for AI agents · All 6472 open weights comparisons

Which one, for what

Inkling 2 Small C

Best 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.

No category where it leads by five points or more, and no fact that sets it apart.

Watch for

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

Mistral Large 4 C

Best 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

  • Reach, 50 against 40
  • Risk, 75 against 65
  • Agent interface, 95 against 85

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

Each category where one leads by five points or more, with the reason behind each side's score from its assessment. The numbers are in the table below; this is what they stand for.

Reach Mistral Large 4 +10

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.

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.

Risk Mistral Large 4 +10

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.

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.

Agent interface Mistral Large 4 +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.

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

CategoryWeight this runInkling 2 SmallMistral Large 4Edge
Capability35%pendingpendingpendingnot scored in this run
Reach25%254050Mistral Large 4 +10
Risk20%206575Mistral Large 4 +10
Agent interface10%108595Mistral Large 4 +10
Documentation and upkeep10%106764Inkling 2 Small +3
Negative events≤1500
TotalC 58.8/100C 54.6/100

Facts side by side

FactInkling 2 SmallMistral Large 4
KindOpen-weight modelOpen-weight model
VendorThinking Machines LabMistral AI
Hosted endpointno (local only)no (local only)
Transports
AuthNoneNone
PricingFreeFree
x402nono
LicenceApache-2.0Mistral Ecosystem Open-Weight License (modified MIT)
Read-only variant documentednono
llms.txtnono
Last release2026-11-122026-10-29
Terms last updatedno document linkedno document linked
Privacy policy last updatedno document linkedno document linked

How the scores have moved

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.

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

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

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, Inkling 2 Small or Mistral Large 4?

Inkling 2 Small scores 58.8 (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 reach, risk and agent interface.

Other comparisons with Inkling 2 Small or Mistral Large 4

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