LLM Reference
Inception Labs

Inception Labs

1 model across 1 family · Latest: Mercury 2 (2026-02)

RAGLong contextClassificationJSON / Tool use

Inception Labs's portfolio covers 1 active model across 1 current family, spanning rag, long context, and classification. Open a model detail page to compare provider routes and sourced benchmarks.

Covers 4 workload areas across 1 active tracked model; last verified 2026-06-29.

Use it for

  • Teams evaluating rag, long context, and classification across this lab's releases
  • Comparing model families before committing to a flagship
  • Migration and pricing follow-ups across 1 tracked models

Do not use it for

  • Choosing a hosting provider without opening a model page for price ladders

Active models

1

Current models from this lab, excluding deprecated ones

Active families

1

Current model families from this lab

Open catalog

0 open

0 open source / 0 open weights

Lowest output price

$0.750 /1M

Cheapest tracked output across active models, per 1M tokens

Latest dated release

2026-02-20

Mercury 2

Freshness

2026-06-29

Researched 60d ago

aging

Information

Founded2024
San Francisco, CA

Release cadence

Dated releases
1
Latest model
Mercury 2
Latest date
2026-02-20

Where this lab wins

  • RAG: 1 tracked model with ruler / needle retrieval benchmarks.
  • Long-context: 1 tracked model with context-token or InfiniteBench-class signal.
  • Classification: 1 tracked model with MMLU-class moderation/safety coverage.
  • JSON/tool-use: 1 tracked model with BFCL / Nexus strict-JSON routing coverage.

Flagship quality / price signal

Flagship
Mercury 2
Selection source
Best sourced coding Q/$
Coding grade
unknown
Benchmark / output price
Not enough sourced benchmark and price coverage

About

Inception Labs is an AI company building diffusion-based large language models (dLLMs), a fundamentally different architecture from autoregressive transformers. Their Mercury model series is designed for speed and efficiency, with Mercury 2 being one of the fastest commercially available LLMs.

Featured models

ModelReleasedContextInput price ($/1M)Output price ($/1M)LicenseOpenness
Mercury 22026-02-20131k$0.25$0.75ProprietaryProprietary

Model families

Recent releases

  1. Mercury 2- 2026-02-20

Explore related pages

Last reviewed: 2026-06-29. Data sourced from public lab announcements and provider documentation.