Mercury 3

Mercury 3 is Inception's flagship diffusion-based LLM (dLLM), released 2026-10-19 and described as the most capable diffusion LLM released to date. Inception says it is more than 40x larger in total parameters than Mercury 1 and runs at about 1,068 output tokens per second on NVIDIA GPUs while matching or beating speed-optimized models such as GPT-6 Luna and Claude Haiku 5.5. It has a 1M-token context window, up to 131,072 output tokens, tunable reasoning effort (instant, low, medium, high), tool calling, and structured outputs. Text in, text out. Available on the Inception API, OpenRouter, Vercel AI Gateway, and Baseten.