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Inception Labs

Mercury 2

Mercury 2 — diffusion-based reasoning LLM from Inception, delivering high-speed generation with strong reasoning, tool use, and structured output.

mercury-2

Pricing

~40%
Input
$0.15 / 1,000,000 tokens
Output
$0.45 / 1,000,000 tokens
Cache read
$0.015 / 1,000,000 tokens
Cache write
$0.15 / 1,000,000 tokens
How pricing works

Discount history

40%
Nov 7, 11:57 PMNov 8, 03:56 AM UTC

Model details

Input
text
Output
text
Context window
128,000 tokens
Maximum output
32,768 tokens
Availability
Uncapped capacity
Updated
11/8/2026, 3:58:06 AM UTC

Capacity is reserved when your request is accepted.

Capabilities

ChatStreamingTool callingReasoning

Supported parameters

max_tokenstemperaturetop_pfrequency_penaltypresence_penaltystoptoolstool_choiceresponse_formatseedstructured_outputs