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Comparison · 2 models · Updated Oct 4, 2026

Mercury 2 vs Nemotron 3 Super 120B A12B

Too close to call on our weighted score (Nemotron 3 Super 120B A12B 54, Mercury 2 53). The right pick depends on what you value most.

  1. Inception

    Mercury 2

    Released Feb 24, 2026

    53/100
    • ECI—
    • Price$0.25 / $0.75
    • Context128K
  2. NVIDIA

    Nemotron 3 Super 120B A12B

    Released Mar 11, 2026

    54/100
    • ECI—
    • Price$0.20 / $0.80
    • Context262K
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01 — Verdict

Too close to call

It is close. Our weighted score puts them within a point (Nemotron 3 Super 120B A12B 54/100, Mercury 2 53/100), so choose by what matters most for your work: Nemotron 3 Super 120B A12B on price and Nemotron 3 Super 120B A12B for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceNemotron 3 Super 120B A12BNemotron 3 Super 120B A12B $0.35 · Mercury 2 $0.375 per 1M tokens (3:1 blend)
  • Longest contextNemotron 3 Super 120B A12BNemotron 3 Super 120B A12B 262,144 · Mercury 2 128,000 tokens
  • Widest inputsSame inputsMercury 2: Text · Nemotron 3 Super 120B A12B: Text
  • Self-hostingNemotron 3 Super 120B A12BPublishes downloadable weights
How the score is built
MeasureWeightMercury 2Nemotron 3 Super 120B A12B
Price50%7072
Inputs & features30%4535
Context window20%2437
Overall100%53/10054/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Mercury 2 vs Nemotron 3 Super 120B A12B specifications side by side
SpecificationMercury 2InceptionNemotron 3 Super 120B A12BNVIDIA
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.25$0.20 (best)
Output$0.75 (best)$0.80
Cached input$0.025—
Blended (3:1)$0.375$0.35 (best)
Long-context rateSame rateSame rate
Price sourceOfficial Inception APIOfficial Nvidia API
Limits
Context window128,000 tokens262,144 tokens (best)
Max output50,000 tokens262,144 tokens (best)
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYeslow · medium · highYes
Tool callingYesYes
Structured outputYesNo
Availability
WeightsProprietaryOpen
API model IDmercury-2nvidia/nemotron-3-super-120b-a12b
API providers119 (best)
ReleasedFeb 24, 2026Mar 11, 2026
Knowledge cutoffJan 1, 2025—
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Mercury 2$4.00
  • Nemotron 3 Super 120B A12B$3.60
04 — Questions

Which should you choose?

Which is better: Mercury 2 or Nemotron 3 Super 120B A12B?

It is close. Our weighted score puts them within a point (Nemotron 3 Super 120B A12B 54/100, Mercury 2 53/100), so choose by what matters most for your work: Nemotron 3 Super 120B A12B on price and Nemotron 3 Super 120B A12B for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Mercury 2 or Nemotron 3 Super 120B A12B?

Nemotron 3 Super 120B A12B is cheaper at $0.20 input / $0.80 output per million tokens (official Nvidia API price). Mercury 2 costs $0.25 input / $0.75 output per million tokens (official Inception API price). At a typical mix of three input tokens to one output token, that is $0.35 per million tokens for Nemotron 3 Super 120B A12B versus $0.375 for Mercury 2 (1.1× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Mercury 2 has not been scored yet and Nemotron 3 Super 120B A12B has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Mercury 2 and Nemotron 3 Super 120B A12B yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Nemotron 3 Super 120B A12B has the largest context window at 262,144 tokens, against 128,000 for Mercury 2. Maximum output per response: Mercury 2 up to 50,000, Nemotron 3 Super 120B A12B up to 262,144 tokens.

Which can read images, PDFs, audio or video?

Mercury 2 accepts text; Nemotron 3 Super 120B A12B accepts text. They handle the same number of input types.

Are any of these open source?

Nemotron 3 Super 120B A12B publishes its weights and can be self-hosted; Mercury 2 is proprietary.

Which is newer?

Nemotron 3 Super 120B A12B is the newest, released Mar 11, 2026. Mercury 2 came out Feb 24, 2026. Knowledge cutoff: Mercury 2 Jan 1, 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.