ZMIME
Comparison · 3 models · Updated Nov 2, 2026

Mistral Large 4 vs Mistral Large 2.1 vs Inkling Small

Too close to call on our weighted score (Inkling Small 68, Mistral Large 4 67, Mistral Large 2.1 38). The right pick depends on what you value most.

  1. Mistral AI

    Mistral Large 4

    Released Oct 6, 2026NewBeta

    67/100
    • ECI150.6
    • Price$0.70 / $2.10
    • Context1.05M
  2. Mistral AI

    Mistral Large 2.1

    Released Nov 18, 2024

    38/100
    • ECI128.6
    • Price$2.00 / $6.00
    • Context131K
  3. Thinking Machines

    Inkling Small

    Released Jul 30, 2026

    68/100
    • ECI150.5
    • Price$0.58 / $1.44
    • Context1.05M
01 — Verdict

Too close to call

It is close. Our weighted score puts them within 1 points (Inkling Small 68/100, Mistral Large 4 67/100, Mistral Large 2.1 38/100), so choose by what matters most for your work: Mistral Large 4 for raw capability and Inkling Small on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityMistral Large 4Capabilities Index (ECI): Mistral Large 4 150.6 · Inkling Small 150.5 · Mistral Large 2.1 128.6
  • Lowest priceInkling SmallInkling Small $0.795 · Mistral Large 4 $1.05 · Mistral Large 2.1 $3.00 per 1M tokens (3:1 blend)
  • Longest contextMistral Large 4 and Inkling SmallMistral Large 4 1,048,576 · Inkling Small 1,048,576 · Mistral Large 2.1 131,072 tokens
  • Widest inputsInkling SmallMistral Large 4: Text, Images · Mistral Large 2.1: Text · Inkling Small: Text, Images, Audio
  • Self-hostingMistral Large 2.1 and Inkling SmallPublishes downloadable weights (Apache-2.0)
How the score is built
MeasureWeightMistral Large 4Mistral Large 2.1Inkling Small
CapabilityCapabilities Index (ECI)50%775077
Price25%472652
Inputs & features15%702570
Context window10%612561
Overall100%67/10038/10068/100
02 — Side by side

Every spec in one table

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

Mistral Large 4 vs Mistral Large 2.1 vs Inkling Small specifications side by side
SpecificationMistral Large 4Mistral AIMistral Large 2.1Mistral AIInkling SmallThinking Machines
Capability
Capabilities Index (ECI)150.6 (best)128.6150.5
ECI rank#57 of 165 (best)#142 of 165#58 of 165
GPQA DiamondGraduate-level science questions88.1%51.3%88.5% (best)
FrontierMath Tiers 1–3Research-level mathematics58.6% (best)—46.3%
OTIS Mock AIME 2024–2025Competition mathematics98.3% (best)7.8%90.0%
SimpleQA VerifiedShort factual questions20.0% (best)—19.1%
Price per million tokens
Input$0.70$2.00$0.58 (best)
Output$2.10$6.00$1.44 (best)
Cached input$0.07 (best)—$0.116
Blended (3:1)$1.05$3.00$0.795 (best)
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Mistral APIMedian of 2 providersOfficial Thinking Machines API
Limits
Context window1,048,576 tokens (best)131,072 tokens1,048,576 tokens (best)
Max output262,144 tokens16,384 tokens1,048,576 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsNoNoNo
AudioNoNoYes
VideoNoNoNo
ReasoningYeslow · medium · highNoYeslow · medium · high · xhigh · max
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenOpenApache-2.0
API model IDmistral-large-4—thinkingmachines/Inkling-Small
API providers15 (best)212
ReleasedOct 6, 2026Nov 18, 2024Jul 30, 2026
Knowledge cutoff—Nov 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 4$11.20
  • Mistral Large 2.1$32.00
  • Inkling Small$8.68
04 — Questions

Which should you choose?

Which is better: Mistral Large 4, Mistral Large 2.1 or Inkling Small?

It is close. Our weighted score puts them within 1 points (Inkling Small 68/100, Mistral Large 4 67/100, Mistral Large 2.1 38/100), so choose by what matters most for your work: Mistral Large 4 for raw capability and Inkling Small on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, Mistral Large 4, Mistral Large 2.1 or Inkling Small?

Inkling Small is cheaper at $0.58 input / $1.44 output per million tokens (official Thinking Machines API price). Mistral Large 4 costs $0.70 input / $2.10 output per million tokens (official Mistral API price); Mistral Large 2.1 costs $2.00 input / $6.00 output per million tokens (median across 2 API providers). At a typical mix of three input tokens to one output token, that is $0.795 per million tokens for Inkling Small versus $1.05 for Mistral Large 4 (1.3× as much) and $3.00 for Mistral Large 2.1 (3.8× as much).

Which scores higher on benchmarks?

Mistral Large 4 scores higher on the Capabilities Index (ECI): Mistral Large 4 150.6 (#57 of 165), Inkling Small 150.5 (#58 of 165) and Mistral Large 2.1 128.6 (#142 of 165). The confidence ranges of the top two overlap (147.4–153.5 vs 147.7–152.4), so treat the gap as small. On individual benchmarks: GPQA Diamond — Inkling Small 88.5%, Mistral Large 4 88.1%, Mistral Large 2.1 51.3%; OTIS Mock AIME 2024–2025 — Mistral Large 4 98.3%, Inkling Small 90.0%, Mistral Large 2.1 7.8%.

Which is better for coding?

There are no published SWE-bench Verified results for Mistral Large 4, Mistral Large 2.1 and Inkling Small yet, so there is no like-for-like coding score. On overall capability, Mistral Large 4 leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

Mistral Large 4 and Inkling Small have the largest context windows (1,048,576 and 1,048,576 tokens), against 131,072 for Mistral Large 2.1. Maximum output per response: Mistral Large 4 up to 262,144, Mistral Large 2.1 up to 16,384, Inkling Small up to 1,048,576 tokens.

Which can read images, PDFs, audio or video?

Mistral Large 4 accepts text and images; Mistral Large 2.1 accepts text; Inkling Small accepts text, images and audio. Inkling Small handles the widest range of inputs.

Are any of these open source?

Mistral Large 2.1 and Inkling Small publishes its weights (Apache-2.0) and can be self-hosted; Mistral Large 4 is proprietary.

Which is newer?

Mistral Large 4 is the newest, released Oct 6, 2026. Inkling Small came out Jul 30, 2026; Mistral Large 2.1 came out Nov 18, 2024. Knowledge cutoff: Mistral Large 2.1 Nov 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 Nov 2, 2026.