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Public story · 2026-07-31 · high
It activates 12B of 276B parameters, ships with open weights on Hugging Face, and costs $1.20 per million output tokens.
Why now: Thinking Machines published Inkling-Small's numbers and pricing on July 30, one day before this coverage.
Thinking Machines released Inkling-Small on July 30, a coding model that activates just 12 billion of its 276 billion total parameters on every token, according to the company.
That's the headline number: 80.2% on SWE-Bench Verified from a model running a small fraction of its parameters per token. Inkling-Small also posted 31.6% on Humanity's Last Exam and 82.2% on IFBench, per the release.
The model runs a 1-million-token context window and works natively across text, image, and audio. Reasoning effort is adjustable per request, according to Thinking Machines.
Weights are open on Hugging Face, and fine-tuning runs through Thinking Machines' own Tinker service. Output tokens cost $1.20 per million, per the company. The release doesn't list a price for input tokens.
Open weights and Tinker fine-tuning mean teams can test Inkling-Small against their own coding workloads before committing budget. Whether the $1.20 output price holds up against real usage patterns is the open question the release doesn't answer.
Each link below shares sources, entities, or timing with this story.
Inkling benchmarked against Agentic Web App Arena / Shared entities / Shared topic / Earlier coverage
Linked by a graph relationship (Inkling benchmarked against Agentic Web App Arena); both cover Hugging Face, Inkling, Small, Tinker; overlapping topics (active, agentic, context).
Inkling built by Thinking Machines / Shared entities / Shared topic / Earlier coverage
Linked by a graph relationship (Inkling built by Thinking Machines); both cover Hugging Face, Inkling, Thinking Machines; overlapping topics (face, hugging).
Thinking Machines Lab released Inkling / Shared entity: Hugging Face / Shared topic / Earlier coverage
Linked by a graph relationship (Thinking Machines Lab released Inkling); both cover Hugging Face; overlapping topics (face, hugging).
Hugging Face criticizes OpenAI / Shared entities / Earlier coverage
Linked by a graph relationship (Hugging Face criticizes OpenAI); both cover Bench Verified, Hugging Face, SWE; earlier Bench Verified coverage from 2026-04-24.
Thinking Machines Lab released Inkling / Shared entity: Tinker / Earlier coverage
Linked by a graph relationship (Thinking Machines Lab released Inkling); both cover Tinker; earlier Tinker coverage from 2026-07-28.
Hugging Face criticizes OpenAI / Shared entity: Hugging Face / Earlier coverage
Linked by a graph relationship (Hugging Face criticizes OpenAI); both cover Hugging Face; earlier Hugging Face coverage from 2026-07-27.
Inkling built by Thinking Machines / Shared entities / Earlier coverage
Linked by a graph relationship (Inkling built by Thinking Machines); both cover Inkling, Thinking Machines; earlier Inkling coverage from 2026-07-19.
Hugging Face criticizes OpenAI / Shared entities / Shared topic / Earlier coverage
Linked by a graph relationship (Hugging Face criticizes OpenAI); both cover Last Exam, SWE; overlapping topics (against, agentic, exam).