GLM-4.5-Air vs Mercury 2

API pricing, benchmark indices and specs — updated 19 October 2026.

zai-org · A · Open weights
Params
110.5 B
Context
131,072
30d
850 K
mit · commercial OK
inception · B · API-only
Input / 1M
$0.25
Output / 1M
$0.75
AA index
10.8
proprietary · 128K context

Specification comparison

Differences are highlighted; identical values are muted.

Specification GLM-4.5-Air Mercury 2
Deployment Open weights · also via API API-only (closed weights)
Parameters 110.5 B n/a — API-only
Architecture Glm4MoeForCausalLM n/a — API-only
Context length 131,072 128,000
Licence mit Proprietary
Commercial use Allowed Per API terms
Languages 2 n/a — API-only
Downloads 30d 850,129 n/a — API-only
Downloads all time 5.5 M n/a — API-only
Quantizations on the Hub SAFETENSORS n/a — API-only
Gated No n/a — API-only
First seen on the Hub 2025-07-20 n/a — API-only
API input price / 1M tokens $0.13 $0.25
API output price / 1M tokens $0.85 $0.75
Est. cost per 1M input + 1M output tokens $0.98 $1.00
Cached input / 1M tokens $0.025 $0.025
AA Intelligence Index 11.1 10.8
AA Coding Index — 31.1
AA Agentic Index — 1.6
Max output tokens 98,304 50,000
API providers 3 1
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

Estimated cost of 1M input + 1M output tokens via OpenRouter

GLM-4.5-Air $0.98
Mercury 2 $1.00

GLM-4.5-Air is 1.0× cheaper at list price.

VRAM side by side

On RTX 4090 · 24 GB · 8K context unless noted

GLM-4.5-Air · fp16 @ 128K ctx 508.7 GB / 24 GB
❌ Won’t fit

Adjacent comparisons