ZMIME
Sakana AI · Released Sep 11, 2026

Fugu Ultra v2

Quality-first multi-agent model for hard research, analysis, and competitions.

  • Proprietary
  • Reasoning
  • Tool calling
  • Vision
Capability
—No ECI score yet
Input
$5.00per 1M tokens
Output
$30.00per 1M tokens
Context
1M128K max output
Pricing

What it costs

Input
$5.00per million tokens
Output
$30.00per million tokens
Blended (3:1)
$11.25pricier than 95% of priced models

Typical monthly bills

Monthly usageEstimated cost
Side project2M input + 0.5M output tokens$25.00
Team assistant25M input + 5M output tokens$275.00
Production app250M input + 50M output tokens$2,750

Median of 6 paid API providers on models.dev.

Capability

Independent benchmarks

Epoch AI has not published a Capabilities Index score for Fugu Ultra v2 yet.

Specifications

The details

Lab
Sakana AI
Released
Sep 11, 2026
Knowledge cutoff
Aug 28, 2026
Context window
1,000,000 tokens
Max output
128,000 tokens
Inputs
Text, Images, PDFs
Output
Text
Reasoning
Always on
Tool calling
Yes
Structured output
No
Weights
Proprietary
Availability
6 API providerslisted on models.dev
Same lab

More from Sakana AI

Questions

About Fugu Ultra v2

How much does Fugu Ultra v2 cost?

Fugu Ultra v2 costs $5.00 input / $30.00 output per million tokens (median across 6 API providers). At a 3:1 input-to-output mix that is $11.25 per million tokens, more expensive than 95% of the 445 priced models we track.

What is the context window of Fugu Ultra v2?

Fugu Ultra v2 accepts up to 1,000,000 tokens per request and can write up to 128,000 tokens in one response.

How good is Fugu Ultra v2?

Epoch AI has not published a Capabilities Index score for Fugu Ultra v2 yet.

Is Fugu Ultra v2 open source?

No. Fugu Ultra v2 is proprietary; you use it through an API or partner platforms.

What inputs does Fugu Ultra v2 support?

Fugu Ultra v2 accepts text, images and PDFs and replies in text. It is a reasoning model, supports tool calling.

When was Fugu Ultra v2 released?

Sakana AI released Fugu Ultra v2 on Sep 11, 2026. Its training data runs to Aug 28, 2026.

What are the best alternatives to Fugu Ultra v2?

The closest current models from other labs on capability, price and release date are Ember-1 (Fireworks AI, $3.00 / $15.00), Qwen 3.8 Max Prime (Alibaba (Qwen), $4.00 / $12.00), MiMo-V2.6-Pro-UltraSpeed (Xiaomi, $4.35 / $8.70) and Claude Mythos 5 (Anthropic, $10.00 / $50.00).