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Mercury 2.5 LLM hits 770 tokens per second

140 pointsby 17h agoartificialanalysis.ai
87 comments
17h agoHN ↗

The speed means absolutely nothing when it is finishing almost dead last when compared to the frontier AI companies.

17h agoHN ↗

Ah, the old "good, fast, or cheap; pick two" proves true once again.

16h agoHN ↗

Not if your use case needs speed. For one of my products I can't use an LLM that has a p99 of >700ms for TTFT.

15h agoHN ↗

If it could output 1k tokens per second but needed 4 seconds to produce the first batch of 4k, would that not be viable?

15h agoHN ↗

It means something, because it an iterative workflow. If you're willing to burn tokens, it's possible for weaker models to implement tasks by incrementally improving drafts.

17h agoHN ↗

Pricing at $0.25 and $0.75 already puts its cost well above reasonably reputable inference providers for deepseek v4 flash or qwen 3.8-flash-next or similar class of open weight LLMs that fit in under 170GB of RAM, so I don't see the point. I think this is probably also stupider than laguna s 2.1 which can also be very cheap to serve.

14h agoHN ↗

If the model provides me with bad results because it's dumb, I don't care how quickly it does it.

13h agoHN ↗

Is it possible to construct a control system where bad, fast and cheap can become good, fast, and cheap through repeated sampling and a strong spec/eval harness?

I am trying to keep an open mind with AI, but I also have little understanding of control theory, trying to learn.

12h agoHN ↗

Smaller models seems to get stuck in "loops" when you try to "handle" them this way.

8h agoHN ↗

You can, but you need to break the problem into much smaller tasks, then check those answers, and finally have a harness that handles all the context, task breakup, task definitions, and validations each round.

10h agoHN ↗

But there are lots of use cases where a relatively "dumb" model is good enough.

4h agoHN ↗

fast results that you need to verify are better than slow (allegedly better) results that you still need to verify. REPL vs batch.

1h agoHN ↗

Depends on how many times you need to iterate to get the result you want. If you need to run the fast model 5 times to get the results you need, compared to 1-2 times for a smarter but slower model, you've just eroded any advantage that the speed gave you.

So, as always: it depends on the use case.

16h agoHN ↗

If you care about speed Cerebras gpt-oss-120b is 1400tk/s and "just as smart" in ranking.

I've used it on a few for fun projects and its decent but the speed is crazy to watch.

15h agoHN ↗

yeah. K2.6 can run on insane speeds. So sad that they don't have K3 yet.

But it can apparently also run 5.6 Sol

12h agoHN ↗

7-8 figures annual spend will buy a hell of a lot of capable local inference hardware you can own, though it won't be at the absurd token/s rate, you'll be able to run almost anything on it... And it'll still have a good residual resale value after 4 years the way things are going now.

8h agoHN ↗

Feel like you could spend 6 figures building out a team and the rest renting compute for a whole year, and get the team to create a local inference solution with that kind of budget…

27m agoHN ↗

Try and spend 10 million dollars on GPUs and see what you get quoted for lead time

15h agoHN ↗

Unfortunately, the lack of an input cache discount makes it prohibitively expensive for most use cases that aren't one-shot prompts.

12h agoHN ↗

well same applies to GPT OSS 120. Qwen is just the much smarter model of the 2 public options on Cerebras.

14h agoHN ↗

Please do not try to use gpt-oss-120b over Cerebras. It is broken, screws up tool calls most of the time, forgets to end thinking blocks and has all sorts of other issues. The speed is amazing but it is absolutely not worth it, especially at that quite incredible cost. Think: $5–10/minute levels of cost with a single agent, because Cerebras also offers no cache pricing for input tokens at all.

14h agoHN ↗

Which is wild because it does, in fact, do caching

9h agoHN ↗

There is no additional fee for using prompt caching. Input tokens, whether served from the cache or processed fresh, are billed at the standard input token rate for the respective model.

So what he’s saying is correct, there is no separate cache pricing, which by normal standards should be 10% of the cost, which can become exceedingly expensive for anything other than single turn. The way they are stating this is of course strange..

13h agoHN ↗

Yea i had some pretty meh results using gpt-oss-120b it in my evals where it should have benefited speed alot but it really under performed what i was expecting.

4h agoHN ↗

Not been my experience, I have it using tool calls in a video game I am building and it correctly adheres ~99% of the time.

I have it retry on failure, but you should do that with any LLM really.

3h agoHN ↗

I kept having experiences with gpt-oss-120b on Cerebras where it would get stuck in a thinking block and then start endlessly saying things like "Running the command now." or "Making the changes now." and then simply repeating similar sentences like that forever instead of actually making the tool call. It made tool calls other times, so it wasn't an issue with tool calls being impossible, but it just wasn't doing a good job of using them for real instead of simply saying it would. So this was not an issue of it starting a tool call and then putting invalid syntax inside of it, it just would not make the tool call it was supposed to whatsoever. There's no automatic way to retry that.

12h agoHN ↗

It was better when they had gemma at 1k. Inco does DS flash at about 600. A few places will do K3 and GLM in the hundreds.

Such a tiny model at that t/s is less impressive than it would have been four months ago.

11h agoHN ↗

Lighting my codebase on fire at the speed of light. Like microwaving the spaghetti.

I genuinly only see these speeds being useful for customer service/transactional workflows. Of which much smaller models can do the job (but those dont make tons of money for companies like Cerebras that need to pay off massive amounts of debt).

Nobody needs to code at 600 words per second. Using a 100tps model for an hour or so will leave you with 4-8hrs of code review and revision work.

10h agoHN ↗

Human code review? What is this, 2025? The modality today is write with one LLM, review by a different one, (important: two different model families will catch errors one series won't) then deploy right to production.

8h agoHN ↗

And if you tell the reviewer the author is a competitors model it becomes extra snarky and vigilant. Then give the review results to the author and tell it it's from the competition and it will also become slightly outraged.

2h agoHN ↗

then deploy right to production

And when things go south, you blame AI?

I would be very curious to see how you explain it to your customers.

Is it going to sound similar to this?

You see, our well-meaning AI-generated code has caused all your data to be permanently deleted. In case you are confused as to who to blame, we would like to clarify that we did not write, nor review the code. So we cannot possibly bear any responsibility for its mistakes. The responsibility lies with the LLMs, not us. We have already fired the LLM which did the coding and the review. And we are already using their main competitors. Hopefully that settles your concern with the quality of our service and we are looking to have you on board of our next products.

1h agoHN ↗

And when things go south, you blame AI?

This seems to work well enough for people who deploy cloud instances without redundancy to us-east-1 then blame AWS when there's an outage. I say this somewhat unironically because if one pushes the "move fast and break things" slider all the way to the right then they're necessarily assuming that type of risk. Of course some people will try to have their cake and eat it too [1] as regards velocity and quality but that's a separate discussion.

[1] I've never understood this idiom because if one isn't in possession of their cake before eating it then they're eating stolen cake which is a decidedly anti-social activity and orthogonal to the point of the saying. It should be "eat their cake and keep it too" or something.

1h agoHN ↗

Yeah, idk. I work on serious things. Thats not how I do things. Not everything is webdev hobby projects. There's basically no instance where offloading your code review to an llm is acceptable behavior, except maybe for a one off tool you need personally.

8h agoHN ↗

No you dont need to code at 600 w/s BUT at those speeds, you can start doing things like asking multiple different agents the same question and picking the best solution each time without noticing the lag.

1h agoHN ↗

So 3x the code review lol. This is similar in concept to how a slot machine leta you choose 1x, 3x 6x lol

7h agoHN ↗

Nobody needs to code at 600 words per second.

I do. I used to use haiku for the speed. Now its just as slow as the rest. Speed is my #1 ranking of how good a model is

1h agoHN ↗

I don't even notice the LLM speed or latency. I think we are as far apart in technique as it gets.

What is your workflow?

1h agoHN ↗

I prefer a fast model too, but you cannot get more done just because its faster. You just get to the human parts a bit faster. Code review, revision ect.

5h agoHN ↗

Inco sucks. I tried their GLM 5.3 Flash and it was quantized to the point of hallucinating Chinese in the middle of English only agentic sessions. Never happened with any other provider.

10h agoHN ↗

I felt happy I could run it at 100tk/s on my new Mac Studio :')

16h agoHN ↗

I honestly think the diffusion LLM approach is a dead end

It's telling that frontier labs like Google toyed around with it but didn't invest further even for their most speed and cost sensitive small models

Still unclear for what, if any use cases this is pareto frontier

16h agoHN ↗

You can't think that a small startup versus Anthropic's training setup is anywhere near the same scale to make apples to apples comparisons.

Not sure how the Chinese labs pull it off though using autoregressive models. The secret sauce is probably going to be in the training data.

The main reason Google hasn't switched over to DiffusionGemma is because serving at larger batch sizes loses the speed gains you get from diffusion, and most of the primary use case is serving many users at once off a single device with a large batch size.

If you were to move to on-device low latency... like say in a robot or something, then the story might be different...

15h agoHN ↗

Personally, I think it's more that text diffusion is not the ideal driver of an agentic work loop than that text diffusion is a total dead end. I am still hoping to see how it does on authoring and editing with further scaling and optimization. I think the push for AGI has put a bit too much focus on the idea of one general model doing everything.

13h agoHN ↗

DiffusionGemma was released alongside the other gemma-4 models just a few months ago, so clearly google hasn't abandoned the idea.

K2-Horizon-7B has a diffusion and non-diffusion variant, and they claim the same level of intelligence from both models.

13h agoHN ↗

From what I’ve heard, the issue is more that it’s harder to efficiently share the hardware across diffusion requests, so it’s more expensive to serve.

It sounds like there might be opportunities for local models (not open weight, but actually locally run) to use diffusion for faster responses on weaker hardware that doesn’t need to be shared.

But yea, it’s still a red-ish flag that big labs haven’t invested much in it. I could see Google/Apple getting value of this sort of local model, but maybe there’s enough research behind traditional models that it’s not worth the distraction at this point in time.

3h agoHN ↗

There were too many unsolved problems with diffusion to commercialize it, where autoregressive loops had a more straightforward roadmap. Doesn't mean the diffusion problems are insurmountable though.

11h agoHN ↗

but can it be said in fewer tokens than GGP commenter?

15h agoHN ↗

this feels like "we got the same benches as gpt-oss-120b but are also potentially slower while saying it is great"

14h agoHN ↗

Mercury 2.5 is below average in intelligence, but well priced when comparing to other models of similar price.

Well priced when compared to other models of similar price, eh?

Are we allowed to call this slop, even if the output is not directly from an LLM?

13h agoHN ↗

At some point the bottleneck becomes tool calling.. and as such, it's preferably if the model is co-hosted (in the same datacenter, at least) with your code repository and all other reference/context it needs (full documentation for most ecosystems, maybe even a copy of common crawl to minimize web fetch usage, etc)

13h agoHN ↗

I used this a few days ago and thought something must be wrong with how fast it was responding. "Mercury 2.5 is below average in intelligence, but well priced when comparing to other models of similar price." this is so funny. So when you have a stupid model that is fast - what do you use it for?

12h agoHN ↗

I have tried using Mercury 2.5 for a lot of my tasks.. but this model just isn't there. It seems to be on par with any 14B model at max. Even GPT-OSS-20B performs way better than this in my own attempts to use it.

I really really wanted to use this because it offers incredible speeds and pricing combinations. But nop.. I still am not using it.. not even for basic tasks.

12h agoHN ↗

Try Celeris-magnus-1. We get similar speeds and it’s much closer to qwen 27B dense models.

12h agoHN ↗

Didn't knew about this. Thanks.. but, according artificialanalysis.ai, it's intelligence is just about like a 14B model (mistral 3 14b)

10h agoHN ↗

depends on your use case I think. for small, transactional tasks it is quite strong and fast.

12h agoHN ↗

Yep it's fast alright. I wonder how much faster Mercury would become if hosted on Cerebras.

55m agoHN ↗

that was so fast I couldnt believe my eyes lol

12h agoHN ↗

I'm still sad that we haven't seen a new Taalas style chip a la https://chatjimmy.ai/. Smaller models are good enough now to make that insane burst of tokens so useful.

11h agoHN ↗

Pretty sure context is in SRAM, and then you have that as a blocker for tasks.

7h agoHN ↗

way less of a blocker these days due to sparse attention...

7h agoHN ↗

I don't know the model behind this, but it is absurdly bad.

Write me a coherent paragraph in French, without ever using the letter "e".

Voilà une phrase claire et concise : "Le village est situé dans les montagnes. Le soleil est haut. Il y a des animaux dans le village. Il pleut dans les montagnes."

I suppose this is just a demo of how fast an LLM can be, I wonder if there are tradeoffs with larger/smarter models. Also, for a human usage, at what point are tokens generated fast enough that it's pretty much instant? My bet is below 1000 tps

7h agoHN ↗

Its Llama 3.1 8B, a very old/small model.

5h agoHN ↗

for comparison, Qwen3.8-Flash-Next only requires 6B parameters for computation, but stores 125B, 51B of those can be comfortably offloaded as they're not actively used in decode but a single token look up.

The Quant iQ4 of this model loads, then, in ~60GB of vram, and on disk it's 85GB.

So if you could etch it, you'd need a ~25GB ssd chip and 60GB of vram.

The vram costs likely contributed to these things being out of reach of the current economic cycle.

4h agoHN ↗

You don't want to use a sparse model for a Taalas-like design. Something like a Qwen 3.8 27B makes much more sense.

4h agoHN ↗

Wasn't it also quantized aggressively, like 1 or 2 bits?

3h agoHN ↗

That's the problem with etching a model onto a chip: by the time you've designed the chip, manufactured it, tested it, shipped it, and deployed it, the model will be hopelessly outdated (with the current improvement rates). And when you want to update, you have to buy new chips instead of just uploading a new model file like now. When Taalas announced their chip, the model was already 1.5 years old (stone age by current standards). It's their first chip, so maybe they can streamline it, but the problem of having to update hardware every few months to keep up with the industry is not going anywhere.

2h agoHN ↗

You can upload different weights and even do LoRAs. The chip architecture is interesting, the first (n) layers are the sane, so you can change architecture by adding (m) layers. Plausible that this is sufficiently flexible enough for several generations of real world applications. For example, we still use 45nm general purpose silicon for automotive, e.g.

2h agoHN ↗

What they did had never been done before. Now we see that it's possible, there are plenty of models to choose from that could be etched into silicon. In the next year or two, I think these smaller models might plateau, and there may be some on-device niche they can fill.

6h agoHN ↗

Then again, good luck writing a coherent paragraph in French without an "e". :-)

2h agoHN ↗

Why ask this when we know that LLMs are not good at the character level. They run on tokens, not characters. In fact, they don't even see the characters, unless you do special tricks.

I asked it to translate your sentence to English and it did fine. In less than a fraction of a second.

2h agoHN ↗

To be fair, you picked a well-known tricky benchmark for LLMs: When working on an embedding spelling disappears after the embedding level. I imagine modern frontier models have tools that let them read back their input to work around this issue.