Does the 2-category of Grothendieck topoi have exponential objects?
There are size issues: Since Grothendieck topoi are supposed to have a small set of generators, the collection of objects of a Grothendieck topos has to be a class and cannot be a conglomerate. However, classes (in contrast to conglomerates) don't have nice closure properties: if $A$ and $B$ are classes, then the conglomerate $B^A$ is, in general, not a class.
So for the purposes of my question, drop the small set of generators from the Giraud axioms. :-)