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
    Dynamo vLLM · FP4
    MI355X
    $0.534230% more expensive than B200
    SGLang · FP4
    B300
    $0.18011% more expensive than B200
    Dynamo SGLang · FP4
    GB200 NVL72
    $0.864434% more expensive than B200
    Dynamo vLLM · FP4
    GB300 NVL72
    $0.771376% more expensive than B200
    Dynamo SGLang · FP4STP
    View details
  • DeepSeek V4 Pro 1.6T

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    vLLM · FP4
    MI355X
    cannot reach @75
    B300
    $0.04740% cheaper than B200
    vLLM · FP4
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    $0.01778% cheaper than B200
    Dynamo vLLM · FP4
    View details
  • Kimi K3 2.8T

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    cannot reach @75
    MI355X
    no data for this scenario
    B300
    $0.177No B200 baseline to compare against
    vLLM · FP4
    GB200 NVL72
    $0.597No B200 baseline to compare against
    Dynamo vLLM · FP4
    GB300 NVL72
    no data for this scenario
    View details
  • MiniMax M3 428B

    8K/1K

    B200
    vLLM · FP4
    MI355X
    $0.123122% more expensive than B200
    vLLM · FP4
    B300
    $0.07434% more expensive than B200
    vLLM · FP4
    GB200 NVL72
    $0.185234% more expensive than B200
    Dynamo vLLM · FP8STP
    GB300 NVL72
    $0.212281% more expensive than B200
    Dynamo vLLM · FP8STP
    View details
  • MiniMax M3 428B

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    vLLM · FP4
    MI355X
    no data for this scenario
    B300
    $0.012About the same cost as B200
    vLLM · FP4
    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
    SGLang · FP4
    MI355X
    no data for this scenario
    B300
    no exact @75 result
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    no data for this scenario
    View details
  • Qwen3.5 397B

    8K/1K

    B200
    SGLang · FP4
    MI355X
    $0.08254% more expensive than B200
    SGLang · FP4
    B300
    $0.0507% cheaper than B200
    SGLang · FP4
    GB200 NVL72
    $0.314488% more expensive than B200
    Dynamo SGLang · FP8STP
    GB300 NVL72
    $0.153187% more expensive than B200
    Dynamo SGLang · FP4STP
    View details
  • Qwen3.5 397B

    Long Context Multi-Turn Realistic Agentic Scenario (AgentX)

    B200
    SGLang · FP8
    MI355X
    no data for this scenario
    B300
    $0.00841% cheaper than B200
    SGLang · FP4
    GB200 NVL72
    no data for this scenario
    GB300 NVL72
    $0.00935% cheaper than B200
    Dynamo SGLang · FP4
    View details
  • DeepSeek R1 0528 671BMaintenance

    8K/1K

    B200
    SGLang · FP4
    MI355X
    $0.10332% cheaper than B200
    MoRI SGLang · FP4
    B300
    $0.431184% more expensive than B200
    SGLang · FP8
    GB200 NVL72
    $0.308103% more expensive than B200
    Dynamo SGLang · FP4STP
    GB300 NVL72
    $1.8691,134% more expensive than B200
    Dynamo SGLang · FP8STP
    View details
  • Kimi K2.5/2.6/2.7-Code 1TDeprecated

    8K/1K

    B200
    Dynamo vLLM · FP4STP
    MI355X
    $0.207About the same cost as B200
    vLLM · FP4STP
    B300
    $0.25520% more expensive than B200
    vLLM · FP4STP
    GB200 NVL72
    $0.28635% more expensive than B200
    Dynamo vLLM · FP4STP
    GB300 NVL72
    $0.25420% more expensive than B200
    Dynamo vLLM · FP4STP
    View details
  • GLM5/5.1 744BDeprecated

    8K/1K

    B200
    SGLang · FP4
    MI355X
    $0.637172% more expensive than B200
    SGLang · FP8
    B300
    $0.30631% more expensive than B200
    SGLang · FP4
    GB200 NVL72
    $0.18023% cheaper than B200
    Dynamo SGLang · FP4
    GB300 NVL72
    $0.28924% more expensive than B200
    Dynamo SGLang · FP4
    View details
  • gpt-oss 120BDeprecated

    8K/1K

    B200
    vLLM · FP4STP
    MI355X
    $0.013About the same cost as 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
  • MiniMax M2.5/2.7 230BDeprecated

    8K/1K

    B200
    Dynamo vLLM · FP4STP
    MI355X
    $0.08666% more expensive than B200
    vLLM · FP4STP
    B300
    $0.06525% more expensive than B200
    Dynamo vLLM · FP4STP
    GB200 NVL72
    $0.0487% cheaper than B200
    Dynamo vLLM · FP4STP
    GB300 NVL72
    $0.06016% more expensive than B200
    Dynamo vLLM · FP4STP
    View details
  • Llama 3.3 70B InstructDeprecated

    8K/1K

    B200
    vLLM · FP4STP
    MI355X
    $0.403235% 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.