Fugu Ultra vs Nemotron 3 Ultra
Fugu Ultra (2026) and Nemotron 3 Ultra (2026) are frontier-tier reasoning models from Sakana AI and NVIDIA AI. Fugu Ultra ships a 1m-token context window, while Nemotron 3 Ultra ships a 1m-token context window. On pricing, Fugu Ultra ranges from $5 to $10/1M input tokens by tier; Nemotron 3 Ultra costs $0.50/1M input tokens. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads.
Fugu Ultra is safer overall; choose Nemotron 3 Ultra when provider fit matters.
Decision scorecard
Local evidence first| Signal | Fugu Ultra | Nemotron 3 Ultra |
|---|---|---|
| Best for | reasoning-heavy apps, multimodal apps, and tool-calling agents | reasoning-heavy apps and long-context analysis |
| Decision fit | Coding, RAG, and Agents | Long context |
| Context window | 1m | 1m |
| Cheapest output | $30/1M tokens | $2.20/1M tokens |
| Provider routes | 2 tracked | 1 tracked |
| Shared benchmarks | 0 shared | 0 shared |
Decision tradeoffs
- Fugu Ultra has broader tracked provider coverage for fallback and procurement flexibility.
- Fugu Ultra uniquely exposes Vision, Multimodal, and Function calling in local model data.
- Local decision data tags Fugu Ultra for Coding, RAG, and Agents.
- Nemotron 3 Ultra has the lower cheapest tracked output price at $2.20/1M tokens.
- Local decision data tags Nemotron 3 Ultra for Long context.
Monthly cost at traffic
Estimate token spend from the cheapest tracked input and output route or tier on this page.
Fugu Ultra
$11,500
Cheapest tracked route/tier: Sakana AI <=272K tokens
Nemotron 3 Ultra
$950
Cheapest tracked route/tier: OpenRouter
Estimated monthly gap: $10,550. Batch, cache, alternate speed tiers, and negotiated pricing are excluded from this local estimate.
Switch friction
- No overlapping tracked provider route is sourced for Fugu Ultra and Nemotron 3 Ultra; plan for SDK, billing, or endpoint changes.
- Nemotron 3 Ultra is $27.80/1M tokens lower on cheapest tracked output pricing before cache, batch, or negotiated discounts.
- Check replacement coverage for Vision, Multimodal, and Function calling before moving production traffic.
- No overlapping tracked provider route is sourced for Nemotron 3 Ultra and Fugu Ultra; plan for SDK, billing, or endpoint changes.
- Fugu Ultra is $27.80/1M tokens higher on cheapest tracked output pricing, so quality gains need to justify the spend.
- Fugu Ultra adds Vision, Multimodal, and Function calling in local capability data.
Specs
| Specification | ||
|---|---|---|
| Released | 2026-06-22 | 2026-06-04 |
| Context window | 1m | 1m |
| Parameters | — | 550B |
| Architecture | Composition of Experts | Mixture of Experts |
| License | Proprietary | NVIDIA Open Model |
| Openness | Proprietary | Open weights |
| Commercial use | Commercial use: conditional | Commercial use: permitted |
| Knowledge cutoff | - | - |
Pricing and availability
| Pricing attribute | Fugu Ultra | Nemotron 3 Ultra |
|---|---|---|
| Input price |
| $0.50/1M tokens |
| Output price |
| $2.20/1M tokens |
| Providers |
Capabilities
| Capability | Fugu Ultra | Nemotron 3 Ultra |
|---|---|---|
| Vision | Yes | No |
| Multimodal | Yes | No |
| Reasoning | Yes | Yes |
| Function calling | Yes | No |
| Tool use | Yes | No |
| Structured outputs | Yes | No |
| Code execution | No | No |
| IDE integration | No | No |
| Computer use | No | No |
| Parallel agents | No | No |
Benchmarks
No shared benchmark scores are currently available for this pair.
Deep dive
The capability footprint differs most on vision: Fugu Ultra, multimodal input: Fugu Ultra, function calling: Fugu Ultra, tool use: Fugu Ultra, and structured outputs: Fugu Ultra. Both models share reasoning mode, so the practical split is not just feature count. Use those differences to decide whether the page is about raw model quality, agentic coding support, multimodal ingestion, or predictable structured API behavior.
For cost, Fugu Ultra lists tiered pricing: <=272K tokens is $5/1M input and $30/1M output; >272K tokens is $10/1M input and $45/1M output, while Nemotron 3 Ultra lists $0.50/1M input and $2.20/1M output tokens on the cheapest tracked provider. A 70/30 input-output blend puts Nemotron 3 Ultra lower by about $11.49 per million blended tokens. For tiered rows, this cheapest-track view can understate interactive or fast-lane spend, so compare the tier you will actually use. Availability is 2 providers versus 1, so concentration risk also matters.
Choose Fugu Ultra when vision-heavy evaluation and broader provider choice are central to the workload. Choose Nemotron 3 Ultra when provider fit and lower input-token cost are more important. For production, rerun your own prompts through the exact provider, region, and tool stack you plan to ship.
FAQ
Which has a larger context window, Fugu Ultra or Nemotron 3 Ultra?
Fugu Ultra supports 1m tokens, while Nemotron 3 Ultra supports 1m tokens. That gap matters most for long documents, large codebases, retrieval-heavy agents, and conversations where earlier context must remain visible.
Which is cheaper, Fugu Ultra or Nemotron 3 Ultra?
Fugu Ultra lists tiered pricing: <=272K tokens is $5/1M input and $30/1M output; >272K tokens is $10/1M input and $45/1M output. Nemotron 3 Ultra lists $0.50/1M input and $2.20/1M output tokens on the cheapest tracked provider. Compare the tier you will actually use; cheap async pricing can overstate savings for interactive workflows. Provider discounts or batch pricing can still change the final bill.
Is Fugu Ultra or Nemotron 3 Ultra open source?
Fugu Ultra is listed under Proprietary. Nemotron 3 Ultra is listed under NVIDIA Open Model. License labels affect whether you can self-host, redistribute weights, or rely only on hosted APIs, so confirm the upstream license before deployment.
Which is better for vision, Fugu Ultra or Nemotron 3 Ultra?
Fugu Ultra has the clearer documented vision signal in this comparison. If vision is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ. Use this as a quick comparison signal, then confirm the provider-specific limits before committing to production.
Which is better for multimodal input, Fugu Ultra or Nemotron 3 Ultra?
Fugu Ultra has the clearer documented multimodal input signal in this comparison. If multimodal input is mission-critical, validate it against the provider endpoint because model-level support and API-level exposure can differ.
Where can I run Fugu Ultra and Nemotron 3 Ultra?
Fugu Ultra is available on Sakana AI and Vercel AI Gateway. Nemotron 3 Ultra is available on OpenRouter. Provider coverage can affect latency, region availability, compliance posture, and fallback options.
Continue comparing
Last reviewed: 2026-06-22. Data sourced from public model cards and provider documentation.