Inception: Mercury 2
Mercury 2 is an extremely fast reasoning LLM, and the first reasoning diffusion LLM (dLLM). Instead of generating tokens sequentially, Mercury 2 produces and refines multiple tokens in parallel, achieving >1,000 tokens/sec on standard GPUs. Mercury 2 is 5x+ faster than leading speed-optimized LLMs like Claude 4.5 Haiku and GPT 5 Mini, at a fraction of the cost. Mercury 2 supports tunable reasoning levels, 128K context, native tool use, and schema-aligned JSON output. Built for coding workflows where latency compounds, real-time voice/search, and agent loops. OpenAI API compatible. Read more in the [blog post](https://www.inceptionlabs.ai/blog/introducing-mercury-2).
Pricing per 1M Tokens
| Input (Prompt) | $0.25 |
| Output (Completion) | $0.75 |
| Cache Read | $0.02 |
| Cache Write | Free |
| Image | N/A |
Specifications
| Context Length | 128K |
| Max Output Tokens | 50K |
| Input Modalities | Text |
| Output Modalities | Text |
| Tokenizer | Other |
| Instruct Type | N/A |
| Top Provider Context | 128K |
| Top Provider Max Output | 50K |
| Moderated | No |
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Last updated: March 23, 2026
First tracked: March 23, 2026