ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Mistral Large 2.1 vs Qwen Max vs Qwen2.5 72B Instruct

Too close to call on our weighted score (Qwen2.5 72B Instruct 28, Mistral Large 2.1 26, Qwen Max 22). The right pick depends on what you value most.

  1. Mistral AI

    Mistral Large 2.1

    Released Nov 18, 2024

    26/100
    • ECI128.5
    • Price$2.00 / $6.00
    • Context131K
  2. Alibaba (Qwen)

    Qwen Max

    Released Apr 3, 2024

    22/100
    • ECI—
    • Price$1.60 / $6.40
    • Context33K
  3. Alibaba (Qwen)

    Qwen2.5 72B Instruct

    Released Sep 19, 2024

    28/100
    • ECI129.0
    • Price$1.40 / $5.60
    • Context131K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (Qwen2.5 72B Instruct 28/100, Mistral Large 2.1 26/100, Qwen Max 22/100), so choose by what matters most for your work: Qwen2.5 72B Instruct on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceQwen2.5 72B InstructQwen2.5 72B Instruct $2.45 · Qwen Max $2.80 · Mistral Large 2.1 $3.00 per 1M tokens (3:1 blend)
  • Longest contextMistral Large 2.1 and Qwen2.5 72B InstructMistral Large 2.1 131,072 · Qwen2.5 72B Instruct 131,072 · Qwen Max 32,768 tokens
  • Widest inputsSame inputsMistral Large 2.1: Text · Qwen Max: Text · Qwen2.5 72B Instruct: Text
  • Self-hostingMistral Large 2.1 and Qwen2.5 72B InstructPublishes downloadable weights
How the score is built
MeasureWeightMistral Large 2.1Qwen MaxQwen2.5 72B Instruct
Price50%272931
Inputs & features30%252525
Context window20%24024
Overall100%26/10022/10028/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Mistral Large 2.1 vs Qwen Max vs Qwen2.5 72B Instruct specifications side by side
SpecificationMistral Large 2.1Mistral AIQwen MaxAlibaba (Qwen)Qwen2.5 72B InstructAlibaba (Qwen)
Capability
Capabilities Index (ECI)128.5—129.0 (best)
ECI rank#130 of 148—#128 of 148 (best)
GPQA DiamondGraduate-level science questions51.3% (best)—49.2%
OTIS Mock AIME 2024–2025Competition mathematics7.8%—8.1% (best)
Price per million tokens
Input$2.00$1.60$1.40 (best)
Output$6.00$6.40$5.60 (best)
Cached input———
Blended (3:1)$3.00$2.80$2.45 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Mistral APIOfficial Alibaba APIOfficial Alibaba API
Limits
Context window131,072 tokens (best)32,768 tokens131,072 tokens (best)
Max output16,384 tokens (best)8,192 tokens8,192 tokens
Inputs and features
TextYesYesYes
ImagesNoNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoNoNo
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsOpenProprietaryOpen
API model IDmistral-large-2411qwen-maxqwen2-5-72b-instruct
API providers26 (best)1
ReleasedNov 18, 2024Apr 3, 2024Sep 19, 2024
Knowledge cutoffNov 2024Apr 2024Apr 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Mistral Large 2.1$32.00
  • Qwen Max$28.80
  • Qwen2.5 72B Instruct$25.20
04 — Questions

Which should you choose?

Which is better: Mistral Large 2.1, Qwen Max or Qwen2.5 72B Instruct?

It is close. Our weighted score puts them within 2 points (Qwen2.5 72B Instruct 28/100, Mistral Large 2.1 26/100, Qwen Max 22/100), so choose by what matters most for your work: Qwen2.5 72B Instruct on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Mistral Large 2.1, Qwen Max or Qwen2.5 72B Instruct?

Qwen2.5 72B Instruct is cheaper at $1.40 input / $5.60 output per million tokens (official Alibaba API price). Qwen Max costs $1.60 input / $6.40 output per million tokens (official Alibaba API price); Mistral Large 2.1 costs $2.00 input / $6.00 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $2.45 per million tokens for Qwen2.5 72B Instruct versus $2.80 for Qwen Max (1.1× as much) and $3.00 for Mistral Large 2.1 (1.2× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Mistral Large 2.1 has an ECI of 128.5, Qwen Max has not been scored yet and Qwen2.5 72B Instruct has an ECI of 129.0.

Which is better for coding?

There are no published SWE-bench Verified results for Mistral Large 2.1, Qwen Max and Qwen2.5 72B Instruct yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Mistral Large 2.1 and Qwen2.5 72B Instruct have the largest context windows (131,072 and 131,072 tokens), against 32,768 for Qwen Max. Maximum output per response: Mistral Large 2.1 up to 16,384, Qwen Max up to 8,192, Qwen2.5 72B Instruct up to 8,192 tokens.

Which can read images, PDFs, audio or video?

Mistral Large 2.1 accepts text; Qwen Max accepts text; Qwen2.5 72B Instruct accepts text. They handle the same number of input types.

Are any of these open source?

Mistral Large 2.1 and Qwen2.5 72B Instruct publishes its weights and can be self-hosted; Qwen Max is proprietary.

Which is newer?

Mistral Large 2.1 is the newest, released Nov 18, 2024. Qwen2.5 72B Instruct came out Sep 19, 2024; Qwen Max came out Apr 3, 2024. Knowledge cutoff: Mistral Large 2.1 Nov 2024, Qwen Max Apr 2024, Qwen2.5 72B Instruct Apr 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.