Mercury 2

by Inception Fast Reasoning

Mercury 2 is an extremely fast reasoning LLM, and the first reasoning diffusion LLM (dLLM).

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Specifications

Specifications for Mercury 2
LabInception
Context window128K tokens
Input price $0.25/1M
Output price $0.75/1M
ReleaseMar 2026

Strengths

  • First reasoning diffusion LLM parallel token generation
  • Extremely fast inference via parallel refinement
  • Novel architecture for reasoning tasks
  • Competitive pricing

Weaknesses

  • Experimental architecture with unknown edge cases
  • Limited track record
  • Narrower general knowledge vs traditional LLMs

Best for

  • Latency-critical reasoning
  • High-throughput classification
  • Experimental LLM workflows

In Depth: Mercury 2

Summary

Mercury 2 is an AI model from Inception.

Released in Mar 2026. It currently appears in the Overall category on LMRank. It takes text input and produces text output, with a context window of 128K tokens. Input pricing is $0.25 per 1M tokens and output is $0.75 per 1M tokens on OpenRouter.

Sources & Further Reading

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