The Inference Report
The funding and infrastructure announcements today reveal a field consolidating around compute density and operational efficiency rather than raw model capability. OpenAI's $122 billion raise signals capital flowing toward whoever can scale inference at lowest cost per token, not toward whoever publishes the most impressive benchmark. NVIDIA's grid-flexibility play with Emerald AI and the Marvell partnership through NVLink Fusion aren't about new silicon, they're about locking customers into an architectural ecosystem where switching costs compound with every integration layer. AMD and AWS are responding with workload optimization: AMD's autoscaling inference framework and AWS's scholar program both aim to reduce the friction of deployment and lock in developer familiarity early. Hugging Face's TRL 1.0 and model releases (Granite 4.0 3B Vision, Falcon Perception) occupy the middle tier, betting that open-weight models with efficient post-training pipelines can capture enterprises that want to avoid vendor lock-in on inference. GitHub's agent-driven development work and Anthropic's government research partnerships suggest the next battleground isn't model size but reliability and auditability in production systems. The pattern across all announcements: whoever controls the operational layer, whether that's grid flexibility, autoscaling, or developer tooling, wins more than whoever controls the model weights. The money is moving toward infrastructure, not research.
Sloane Duvall
A curated reference of models from major AI labs, with open/closed weight status, input modalities, and context window size. American labs tend towards closed weights models and Chinese labs tend toward open weights models.
Amazon- Amazon: Nova 2 LiteTextVisionVideoFiles1M
- Amazon: Nova Premier 1.0TextVision1M
None
Anthropic- Anthropic: Claude Haiku 4.5VisionText200K
- Anthropic: Claude Opus 4VisionTextFiles200K
- Anthropic: Claude Opus 4.1VisionTextFiles200K
- Anthropic: Claude Opus 4.5FilesVisionText200K
- Anthropic: Claude Opus 4.6TextVision1M
- Anthropic: Claude Sonnet 4VisionTextFiles200K
- Anthropic: Claude Sonnet 4.5TextVisionFiles1M
- Anthropic: Claude Sonnet 4.6TextVision1M
None
Google DeepMind- Google: Gemini 2.5 FlashFilesVisionTextAudioVideo1M
- Google: Gemini 2.5 Flash LiteTextVisionFilesAudioVideo1M
- Google: Gemini 2.5 Flash Lite Preview 09-2025TextVisionFilesAudioVideo1M
- Google: Gemini 2.5 ProTextVisionFilesAudioVideo1M
- Google: Gemini 2.5 Pro Preview 05-06TextVisionFilesAudioVideo1M
- Google: Gemini 2.5 Pro Preview 06-05FilesVisionTextAudio1M
- Google: Gemini 3 Flash PreviewTextVisionFilesAudioVideo1M
- Google: Gemini 3.1 Flash Lite PreviewTextVisionVideoFilesAudio1M
- Google: Gemini 3.1 Pro PreviewAudioFilesVisionTextVideo1M
- Google: Gemini 3.1 Pro Preview Custom ToolsTextAudioVisionVideoFiles1M
- Google: Lyria 3 Clip PreviewTextVision1M
- Google: Lyria 3 Pro PreviewTextVision1M
- Google: Nano Banana (Gemini 2.5 Flash Image)VisionText33K
- Google: Nano Banana 2 (Gemini 3.1 Flash Image Preview)VisionText66K
- Google: Nano Banana Pro (Gemini 3 Pro Image Preview)VisionText66K
- Google: Gemma 3n 4BText33K
MetaNone
- Meta: Llama 4 MaverickTextVision1M
- Meta: Llama 4 ScoutTextVision328K
- Meta: Llama Guard 4 12BVisionText164K
OpenAI- OpenAI: GPT AudioTextAudio128K
- OpenAI: GPT Audio MiniTextAudio128K
- OpenAI: GPT-4.1VisionTextFiles1M
- OpenAI: GPT-4.1 MiniVisionTextFiles1M
- OpenAI: GPT-4.1 NanoVisionTextFiles1M
- OpenAI: GPT-4o AudioAudioText128K
- OpenAI: GPT-5TextVisionFiles400K
- OpenAI: GPT-5 ChatFilesVisionText128K
- OpenAI: GPT-5 CodexTextVision400K
- OpenAI: GPT-5 ImageVisionTextFiles400K
- OpenAI: GPT-5 Image MiniFilesVisionText400K
- OpenAI: GPT-5 MiniTextVisionFiles400K
- OpenAI: GPT-5 NanoTextVisionFiles400K
- OpenAI: GPT-5 ProVisionTextFiles400K
- OpenAI: GPT-5.1VisionTextFiles400K
- OpenAI: GPT-5.1 ChatFilesVisionText128K
- OpenAI: GPT-5.1-CodexTextVision400K
- OpenAI: GPT-5.1-Codex-MaxTextVision400K
- OpenAI: GPT-5.1-Codex-MiniVisionText400K
- OpenAI: GPT-5.2FilesVisionText400K
- OpenAI: GPT-5.2 ChatFilesVisionText128K
- OpenAI: GPT-5.2 ProVisionTextFiles400K
- OpenAI: GPT-5.2-CodexTextVision400K
- OpenAI: GPT-5.3 ChatTextVisionFiles128K
- OpenAI: GPT-5.3-CodexTextVisionFiles400K
- OpenAI: GPT-5.4TextVisionFiles1M
- OpenAI: GPT-5.4 MiniFilesVisionText400K
- OpenAI: GPT-5.4 NanoFilesVisionText400K
- OpenAI: GPT-5.4 ProTextVisionFiles1M
- OpenAI: o3VisionTextFiles200K
- OpenAI: o3 Deep ResearchVisionTextFiles200K
- OpenAI: o3 ProTextFilesVision200K
- OpenAI: o4 MiniVisionTextFiles200K
- OpenAI: o4 Mini Deep ResearchFilesVisionText200K
- OpenAI: o4 Mini HighVisionTextFiles200K
- OpenAI: gpt-oss-120bText131K
- OpenAI: gpt-oss-20bText131K
- OpenAI: gpt-oss-safeguard-20bText131K
xAI- xAI: Grok 3Text131K
- xAI: Grok 3 BetaText131K
- xAI: Grok 3 MiniText131K
- xAI: Grok 3 Mini BetaText131K
- xAI: Grok 4VisionTextFiles256K
- xAI: Grok 4 FastTextVisionFiles2M
- xAI: Grok 4.1 FastTextVisionFiles2M
- xAI: Grok 4.20TextVision2M
- xAI: Grok 4.20 Multi-AgentTextVisionFiles2M
- xAI: Grok Code Fast 1Text256K
None
Mistral AI- Mistral: Codestral 2508Text256K
- Mistral: Devstral MediumText131K
- Mistral: Mistral Large 3 2512TextVision262K
- Mistral: Mistral Medium 3TextVision131K
- Mistral: Mistral Medium 3.1TextVision131K
- Mistral: Mistral Small CreativeText33K
- Mistral: Devstral 2 2512Text262K
- Mistral: Devstral Small 1.1Text131K
- Mistral: Ministral 3 14B 2512TextVision262K
- Mistral: Ministral 3 3B 2512TextVision131K
- Mistral: Ministral 3 8B 2512TextVision262K
- Mistral: Mistral Small 3.2 24BVisionText128K
- Mistral: Mistral Small 4TextVision262K
- Mistral: Voxtral Small 24B 2507TextAudio32K
AI21 LabsNone
- AI21: Jamba Large 1.7Text256K
Alibaba (Qwen)- Qwen: Qwen Plus 0728Text1M
- Qwen: Qwen Plus 0728 (thinking)Text1M
- Qwen: Qwen3 Coder FlashText1M
- Qwen: Qwen3 Coder PlusText1M
- Qwen: Qwen3 MaxText262K
- Qwen: Qwen3 Max ThinkingText262K
- Qwen: Qwen3.5 Plus 2026-02-15TextVisionVideo1M
- Qwen: Qwen3.5-FlashTextVisionVideo1M
- Qwen: Qwen2.5 Coder 7B InstructText33K
- Qwen: Qwen3 14BText41K
- Qwen: Qwen3 235B A22BText131K
- Qwen: Qwen3 235B A22B Instruct 2507Text262K
- Qwen: Qwen3 235B A22B Thinking 2507Text131K
- Qwen: Qwen3 30B A3BText41K
- Qwen: Qwen3 30B A3B Instruct 2507Text262K
- Qwen: Qwen3 30B A3B Thinking 2507Text131K
- Qwen: Qwen3 32BText41K
- Qwen: Qwen3 8BText41K
- Qwen: Qwen3 Coder 30B A3B InstructText160K
- Qwen: Qwen3 Coder 480B A35BText262K
- Qwen: Qwen3 Coder NextText262K
- Qwen: Qwen3 Next 80B A3B InstructText262K
- Qwen: Qwen3 Next 80B A3B ThinkingText131K
- Qwen: Qwen3 VL 235B A22B InstructTextVision262K
- Qwen: Qwen3 VL 235B A22B ThinkingTextVision131K
- Qwen: Qwen3 VL 30B A3B InstructTextVision131K
- Qwen: Qwen3 VL 30B A3B ThinkingTextVision131K
- Qwen: Qwen3 VL 32B InstructTextVision131K
- Qwen: Qwen3 VL 8B InstructVisionText131K
- Qwen: Qwen3 VL 8B ThinkingVisionText131K
- Qwen: Qwen3.5 397B A17BTextVisionVideo262K
- Qwen: Qwen3.5-122B-A10BTextVisionVideo262K
- Qwen: Qwen3.5-27BTextVisionVideo262K
- Qwen: Qwen3.5-35B-A3BTextVisionVideo262K
- Qwen: Qwen3.5-9BTextVisionVideo256K
ByteDance- Seed: Seed 1.6VisionTextVideo262K
- Seed: Seed 1.6 FlashVisionTextVideo262K
- Seed: Seed-2.0-LiteTextVisionVideo262K
- Seed: Seed-2.0-MiniTextVisionVideo262K
None
DeepSeekNone
- DeepSeek: DeepSeek V3.1Text33K
- DeepSeek: DeepSeek V3.1 TerminusText164K
- DeepSeek: DeepSeek V3.2Text164K
- DeepSeek: DeepSeek V3.2 ExpText164K
- DeepSeek: DeepSeek V3.2 SpecialeText164K
- DeepSeek: R1 0528Text164K
MiniMax- MiniMax: MiniMax M1Text1M
- MiniMax: MiniMax M2-herText66K
- MiniMax: MiniMax M2Text197K
- MiniMax: MiniMax M2.1Text197K
- MiniMax: MiniMax M2.5Text197K
- MiniMax: MiniMax M2.7Text205K