GLM-4.5 vs Mercury 2.5

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

zai-org · A · Open weights
Params
358.3 B
Context
131,072
30d
114 K
mit · commercial OK
inception · B · API-only
Input / 1M
$0.04
Output / 1M
$0.15
AA index
12.3
proprietary · 260K context

Specification comparison

Differences are highlighted; identical values are muted.

Specification GLM-4.5 Mercury 2.5
Deployment Open weights · also via API API-only (closed weights)
Parameters 358.3 B n/a — API-only
Architecture Glm4MoeForCausalLM n/a — API-only
Context length 131,072 260,000
Licence mit Proprietary
Commercial use Allowed Per API terms
Languages 2 n/a — API-only
Downloads 30d 113,929 n/a — API-only
Downloads all time 1.2 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 $0.60 $0.04
API output price / 1M tokens $2.20 $0.15
Est. cost per 1M input + 1M output tokens $2.80 $0.19
Cached input / 1M tokens $0.11 $0.004
AA Intelligence Index 12.8 12.3
AA Coding Index — —
AA Agentic Index — —
Max output tokens 98,304 65,536
API providers 1 1
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

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

GLM-4.5 $2.80
Mercury 2.5 $0.19

Mercury 2.5 is 14.7× cheaper at list price.

VRAM side by side

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

GLM-4.5 · fp16 @ 128K ctx 1,648.9 GB / 24 GB
❌ Won’t fit

Adjacent comparisons