LLM Reference

Mercury 2.5 Preview

Last refreshed
2026-09-01
Status
Researched today
ProprietaryCommercial use: unknownCodingRAGAgentsLong contextClassificationJSON / Tool useAgentCoding

Mercury 2.5 Preview is worth evaluating for coding, rag, and agents when its provider route and context window match the workload.

Use it for

  • Teams evaluating coding, rag, and agents
  • Workloads that can use a 262k context window
  • Buyers comparing 1 tracked provider route

Do not use it for

  • Vision or document-understanding workloads
Specifications
Family
Mercury
Context
262k
Specialization
agentic
Openness
Proprietary
Weights
Not released
Code
Unknown
Created by

Inception Labs is an AI company building diffusion-based large language models (dLLMs), a fundamentally different archit

San Francisco, CA
Founded 2024
Website
Pricing
Output / 1M
$0.750
Input / 1M
$0.200

Cheapest of 1 route · OpenRouter · cache read $0.020

About

Inception Mercury 2.5 (Preview) is a reasoning diffusion LLM (dLLM) listed on Inception's models page as the lab's most intelligent reasoning dLLM at its lowest list price. First-party product page (inceptionlabs.ai/models, retrieved 2026-09-01): 256K context window; reasoning, tool use, and structured output; use cases rapid coding iteration, agents/subagents, customer support, and enterprise search. List pricing on that page: USD 0.20 / 1M input, USD 0.02 / 1M cached input, USD 0.75 / 1M output. Site banner: live on OpenRouter.

Top use-case fit: coding, agents, and build tasks

Coding

Included by capability and metadata signals in the decision map.

RAG

Included by capability and metadata signals in the decision map.

Agents

Included by capability and metadata signals in the decision map.

Provider price ladder

Compare API pricing across 1 providers for input and output tokens, batch, and cached reads when available.

ProviderInput / 1MOutput / 1MCacheRoute
OpenRouter$0.200$0.750read $0.020
Serverless

Capabilities

ReasoningJSON / Tool useStructured OutputsPrompt Caching

Benchmark peer barsfor Coding

No task-mapped benchmark peers are available for this model yet.

Migration checks

No linked migration route is available for this model yet.

API versions

mercury-2.5-preview