Mercury 3 is a diffusion-based language model from Inception, and the lab's most capable model to date. It is suited for agentic workflows and real-time applications where latency compounds, such as search agents, voice pipelines, and coding subagents. Its distinguishing trait is speed: more than 40x larger than the first Mercury model while generating at the same throughput, because it produces and refines tokens in parallel rather than one at a time.