Mercury 2 vs Mistral Large 3 2512
API pricing, benchmark indices and specs — updated 19 October 2026.
inception · A · API-only
Input / 1M
$0.25
Output / 1M
$0.75
AA index
10.8
proprietary · 128K context
mistralai · B · API-only
Input / 1M
$0.50
Output / 1M
$1.50
AA index
9.3
proprietary · 262.1K context
Specification comparison
Differences are highlighted; identical values are muted.
| Specification | Mercury 2 | Mistral Large 3 2512 |
|---|---|---|
| Deployment | API-only (closed weights) | API-only (closed weights) |
| Parameters | n/a — API-only | n/a — API-only |
| Architecture | n/a — API-only | n/a — API-only |
| Context length | 128,000 | 262,144 |
| Licence | Proprietary | Proprietary |
| Commercial use | Per API terms | Per API terms |
| Languages | n/a — API-only | n/a — API-only |
| Downloads 30d | n/a — API-only | n/a — API-only |
| Downloads all time | n/a — API-only | n/a — API-only |
| Quantizations on the Hub | n/a — API-only | n/a — API-only |
| Gated | n/a — API-only | n/a — API-only |
| First seen on the Hub | n/a — API-only | n/a — API-only |
| API input price / 1M tokens | $0.25 | $0.50 |
| API output price / 1M tokens | $0.75 | $1.50 |
| Est. cost per 1M input + 1M output tokens | $1.00 | $2.00 |
| Cached input / 1M tokens | $0.025 | $0.05 |
| AA Intelligence Index | 10.8 | 9.3 |
| AA Coding Index | 31.1 | 20.1 |
| AA Agentic Index | 1.6 | 1 |
| Max output tokens | 50,000 | 209,715 |
| API providers | 1 | 1 |
| Tool calling | Yes | Yes |
| Reasoning mode | Yes | No |
API cost
Estimated cost of 1M input + 1M output tokens via OpenRouter
Mercury 2
$1.00
Mistral Large 3 2512
$2.00
Mercury 2 is 2.0× cheaper at list price.