Inference Cost per Million Tokens

Hyperscaler cost ↓ Lower is better Source: InferenceX & SemiAnalysis Market July 2026 AI Cloud TCO Model

  • DeepSeek V4 Pro 1.6T

    8K/1K

    B200
    vLLM · FP4
    MI355X
    $0.10453% cheaper than B200
    ATOM¹ · FP4
    B300
    $0.18218% cheaper than B200
    vLLM · FP4
    GB200 NVL72
    $0.225About the same cost as B200
    Dynamo vLLM · FP4
    GB300 NVL72
    no exact @30 result
    View details
  • DeepSeek V4 Pro 1.6T

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    vLLM · FP4
    MI355X
    $0.071218% more expensive than B200
    vLLM · FP4
    B300
    $0.0248% more expensive than B200
    vLLM · FP4
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    no exact @30 result
    View details
  • Kimi K3 2.8T

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    Dynamo vLLM · FP4STP
    MI355X
    no data for this scenario
    B300
    $0.13587% cheaper than B200
    vLLM · FP4
    GB200 NVL72
    $0.42959% cheaper than B200
    Dynamo vLLM · FP4
    GB300 NVL72
    no data for this scenario
    View details
  • MiniMax M3 428B

    8K/1K

    B200
    vLLM · FP8
    MI355X
    $0.04719% cheaper than B200
    ATOM¹ · FP4
    B300
    $0.04620% cheaper than B200
    vLLM · FP4
    GB200 NVL72
    $0.08649% more expensive than B200
    Dynamo vLLM · FP8STP
    GB300 NVL72
    no exact @30 result
    View details
  • MiniMax M3 428B

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    no exact @30 result
    MI355X
    no data for this scenario
    B300
    no exact @30 result
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    no data for this scenario
    View details
  • GLM5.2

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    no exact @30 result
    MI355X
    no data for this scenario
    B300
    no exact @30 result
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    no data for this scenario
    View details
  • Qwen3.5 397B

    8K/1K

    B200
    TRTLLM · FP4
    MI355X
    $0.05769% more expensive than B200
    SGLang · FP4
    B300
    $0.069107% more expensive than B200
    SGLang · FP8
    GB200 NVL72
    no exact @30 result
    GB300 NVL72
    no exact @30 result
    View details
  • Qwen3.5 397B

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    no exact @30 result
    MI355X
    no data for this scenario
    B300
    no exact @30 result
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    $0.019No B200 baseline to compare against
    Dynamo SGLang · FP4
    View details
  • DeepSeek R1 0528 671BMaintenance

    8K/1K

    B200
    TRTLLM · FP4
    MI355X
    $0.123131% more expensive than B200
    ATOM¹ · FP4
    B300
    $0.139160% more expensive than B200
    Dynamo TRTLLM · FP4
    GB200 NVL72
    $0.10189% more expensive than B200
    Dynamo TRTLLM · FP4STP
    GB300 NVL72
    no exact @30 result
    View details
  • Kimi K2.5/2.6/2.7-Code 1TDeprecated

    8K/1K

    B200
    vLLM · FP4STP
    MI355X
    $0.0947% cheaper than B200
    ATOM¹ · FP4STP
    B300
    $0.12422% more expensive than B200
    vLLM · FP4STP
    GB200 NVL72
    no exact @30 result
    GB300 NVL72
    no exact @30 result
    View details
  • GLM5/5.1 744BDeprecated

    8K/1K

    B200
    SGLang · FP4
    MI355X
    $0.283115% more expensive than B200
    SGLang · FP8
    B300
    $0.16324% more expensive than B200
    SGLang · FP4
    GB200 NVL72
    no exact @30 result
    GB300 NVL72
    no exact @30 result
    View details
  • gpt-oss 120BDeprecated

    8K/1K

    B200
    TRTLLM · FP4STP
    MI355X
    no exact @30 result
    B300
    no data for this scenario
    GB200 NVL72
    no exact @30 result
    GB300 NVL72
    no data for this scenario
    View details
  • MiniMax M2.5/2.7 230BDeprecated

    8K/1K

    B200
    vLLM · FP4STP
    MI355X
    $0.03622% more expensive than B200
    ATOM¹ · FP4STP
    B300
    $0.03725% more expensive than B200
    vLLM · FP4STP
    GB200 NVL72
    no exact @30 result
    GB300 NVL72
    $0.04245% more expensive than B200
    Dynamo vLLM · FP4STP
    View details
  • Llama 3.3 70B InstructDeprecated

    8K/1K

    B200
    TRTLLM · FP4STP
    MI355X
    $0.07864% more expensive than B200
    vLLM · FP4STP
    B300
    no data for this scenario
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    no data for this scenario
    View details

— = no result. ∞ = B200 baseline unavailable.

If a chip does not have FP4 spec decoding available, the next best available configuration is used.