Release2026-10-16

Inception released Mercury 3, its most capable model to date. It is a diffusion-based language model suited for agentic workflows and real-time applications. Its distinguishing trait is speed, over 40x larger than Mercury 1 while generating at the same throughput. It produces and refines tokens in parallel rather than one at a time. It supports a 1,000,000 token context window. It costs $0.10 per 1M input tokens and $0.35 per 1M output tokens. It supports tool calling and structured outputs. It is hosted by OpenRouter and not available through EU in-region routing. The model was released on October 16, 2026.

What changed

Mercury 2 was the lab's most capable model.

What it unlocks

Running agentic workflows and real-time applications with lower latency.

  • 40x larger than Mercury 1
  • 1M token context
  • $0.10 per 1M input tokens
  • $0.35 per 1M output tokens

What you need to act on it

  • access via OpenRouter
  • not available through EU in-region routing

Send this to someone who needs it

Shares the story and its sources. Nothing about you.

What does this mean for your job?

This is the story as everyone gets it. Once a week we send you the version written for your role — what changed, why it matters for the work you actually do, and one thing to try. Free while we tune it.