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Mercury 2.5

Mercury 2.5 is Inception’s diffusion-based reasoning model for chat, agents, and structured workflows, with tool calling, structured outputs, and a 260K context window.

text → text · made by Inception Labs

$0.04→$0.15per Mtok in / out
Nous Research · 4 sellers

Sold by 7 ways

SellerLaneRate
Nous Research aggregatorstandard$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cachedinference-api.nousresearch.com · read 2026-09-20
OpenRouter 2 ways$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cached
OpenRouter aggregatorstandard$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cachedopenrouter.ai · read 2026-09-02
OpenRouter aggregatorinception$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cachedopenrouter.ai · read 2026-09-20
Vercel AI Gateway aggregatorstandard$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cachedai-gateway.vercel.sh · read 2026-09-20
nano-gpt 0 ways$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cached
nano-gpt aggregatornot on the seller's list todaystandard$0.04per Mtok in$0.15per Mtok out$0.004per Mtok cachedmodels.dev · read 2026-09-02
kilo 0 ways$0.2per Mtok in$0.75per Mtok out$0.02per Mtok cached
kilo aggregatornot on the seller's list todaystandard$0.2per Mtok in$0.75per Mtok out$0.02per Mtok cachedmodels.dev · read 2026-09-02
Venice AI aggregatorstandard$0.25per Mtok in$0.94per Mtok out$0.025per Mtok cachedmodels.dev · read 2026-10-02

Measured 3 standings

PlaceBoardMetricScore
69thof 73Proofbench — Epoch AIAccuracy3
111thof 119Ale bench — Epoch AIPerformance (high)301.65
139thof 263Artificial Analysis · Intelligence IndexArtificial Analysis Intelligence Index12

About

Mercury 2.5 — a text model from Inception Labs, sold by 4 companies from $0.04 in and $0.15 out per million tokens, placed 139th of 263 on Artificial Analysis · Intelligence Index.

It takes text and returns text, with a context window of 260,000 tokens. It was published in September 2026, trained on material up to November 2025. Its sellers say it can reason step by step and call a tool. The catalogue files it under chat. Four companies sell it. The cheapest is $0.04 in and $0.15 out per million tokens at Nous Research. Beside the standard rate there is a separately routed lane. It has been measured on 3 boards, and stands best at 139th of 263 on Artificial Analysis · Intelligence Index.

Every current figure

Maker
Inception Labs
Register
model
Takes
text
Returns
text
Context
260,000 tokens
Longest answer
65,536 tokens
Published
September 2026
Knowledge to
November 2025
Licence
not read
Sellers
4
Maker's own price
not read
Price
$0.04 in and $0.15 out per million tokens — Nous Research
Boards
3
Best place
139th of 263 — Artificial Analysis · Intelligence Index

Known as 1 name

inception/mercury-2.5