Best LLM Inference Providers 2026: 8 Ranked by Use Case
The short answer
Last verified: October 13, 2026.
What changed as of October 2026
- Baseten is reported (Axios, Bloomberg, September 22-24, 2026) to be in talks to raise at about $26 billion, double its June $13B valuation; the AFR (September 30) reported a figure up to $37B after Baseten announced a partnership with OpenAI letting business customers use open-source models alongside OpenAI’s frontier models. No closed round has been announced — the table still shows the last confirmed valuation.
- OpenAI Ultrafast moved from a Cerebras-powered preview for GPT-5.6 Sol (up to 750 tok/s, August) to a paid tier for GPT-6 Astra at 6x the standard rate (launched September 29, up to ~300 tok/s); a GPT-6.1 Sol version is “coming soon”. OpenAI has not said which hardware serves the Astra tier.
- Groq now describes itself as a “neocloud” whose LPX hardware works alongside NVIDIA’s next-generation GPUs, with hundreds of megawatts of capacity being built.
- Fireworks ($17.5B, Series D July 15, 2026) and Together ($8.3B, Series C July 2026) — unchanged; no newer round found.
- New frontier models for the “whose model?” question: Claude Opus 5.5 and Sonnet 5.5, GPT-6.1 Sol and GPT-6 Luna are out, and open-weight MiMo-V2.6-Pro (Xiaomi, MIT, $0.435/$0.87 per MTok direct) is the top open-weight model on the Artificial Analysis index.
Best for real-time model inference: Cerebras for raw tokens per second, Groq for fast hosted open models, Fireworks or Together for low-latency serving of a broad catalog, Baseten when the model is your own and must autoscale.
Pick by workload, not by brand. As of September 2026 the inference market has sorted into clear lanes:
| Rank | Provider | Best for | Why (2026 facts) |
|---|---|---|---|
| 1 | Fireworks AI | Hosted open models at scale, enterprise | $1B+ ARR, 40T+ tokens/day, $17.5B valuation (Jul 2026); 400+ models; fine-tuning + dedicated deployments |
| 2 | Together AI | Open models + training/RL on one cloud | $8.3B valuation (Jul 2026); $240M IBM Cloud deal (Aug 2026) on NVIDIA HGX B300; 200+ models |
| 3 | Baseten | Deploying your model (custom, fine-tuned, non-LLM) | $13B valuation (Jun 2026; talks at ~$26B reported Sep 2026); OpenAI partnership (Sep 30, 2026); Truss packaging; per-minute GPU billing (T4 → B200) with scale-to-zero; 1B+ daily calls |
| 4 | Cerebras | Lowest latency, highest tokens/sec | Public since May 2026 IPO ($5.55B raised); CS-4 (Aug 2026); powered the GPT-5.6 Sol Ultrafast preview (750 tok/s); cloud revenue up ~280% YoY in Q2 2026 |
| 5 | DeepInfra | Cheapest per-token on popular open models | Consistently lowest list prices; Flex tier for batch-tolerant traffic |
| 6 | Groq | Fast open-model serving, LPX + NVIDIA | Reorganized as an inference cloud after NVIDIA’s Dec 2025 licensing deal; LPX hardware alongside NVIDIA GPUs; $3.5B valuation (Aug 2026 down round) but ~$1B raised in 2026 for capacity |
| 7 | OpenRouter | One API across all providers | 400+ models incl. GPT-6 Astra, Claude Fable 5.1 and Opus 5.5, Gemini 3.8 Flash, MiMo-V2.6-Pro; provider fallback; per-model pricing pass-through |
| 8 | Hyperscalers (Bedrock, Vertex AI, Azure AI Foundry) | Compliance, VPC, existing cloud commits | Claude, Gemini and OpenAI models plus open weights inside your cloud account; Cerebras disaggregated inference on Bedrock since Mar 2026 |
How to choose in five questions
1. Whose model?
- A frontier closed model (GPT-6 Astra, Claude Fable 5.1, Gemini 3.8 Flash): go direct to OpenAI, Anthropic or Google, or through your hyperscaler for compliance. Inference clouds cannot host these.
- An open-weight model (DeepSeek V4, Qwen 3.8, GLM-5.3, Kimi K3, Muse Spark when released): Fireworks, Together, DeepInfra, Groq, Cerebras.
- Your own fine-tune or a non-LLM model (vision, audio, embeddings): Baseten first; Fireworks and Together for LLM fine-tunes on their catalogs.
2. Latency or throughput?
- Interactive agents, voice, coding assistants: time-to-first-token and tokens/sec dominate → Cerebras, Groq, then Fireworks/Together.
- Bulk extraction, evals, offline pipelines: throughput per dollar dominates → DeepInfra, Together batch, Fireworks batch, hyperscaler batch APIs at ~50% off.
3. Serverless or dedicated?
- Serverless per-token is right until you have steady traffic on one model. Past roughly 60-70% utilization of a GPU, dedicated capacity (Baseten, Fireworks on-demand deployments, Together dedicated endpoints) is cheaper and gives predictable latency.
4. Where must data stay?
- VPC, HIPAA, FedRAMP, data residency: hyperscalers first; Baseten, Fireworks and Together all offer SOC 2, HIPAA and VPC options, but the paperwork is faster inside a cloud you already contract with.
5. How much model churn do you expect?
- If you swap models monthly, OpenRouter (or a gateway such as LiteLLM in front of direct keys) saves integration time. If you have one model for a year, go direct.
Provider notes (September 2026)
Fireworks AI. The biggest independent inference cloud by revenue. Strengths: fastest to host new open releases, FireAttention kernels, fine-tuning, and dedicated GB300/Vera Rubin capacity via partners such as Firmus in Asia. Customers include Samsung, Uber, DoorDash, Notion and Shopify.
Together AI. Positions as an “AI native cloud”: inference plus training and reinforcement learning on the same GPUs. The IBM Cloud agreement (August 11, 2026) brings its stack to IBM’s enterprise base; an Equinix/NVIDIA reference architecture targets on-prem distributed inference. Plans to grow capacity ~50x over five years.
Baseten. The choice when the model is yours. Truss lets you define load() and predict() plus hardware; billing is per GPU-minute with scale-to-zero, and the Baseten Delivery Network cut cold starts 2-3x in 2026. Less convenient if you just want a hosted DeepSeek endpoint. On September 30, 2026 it announced a partnership with OpenAI so business customers can run open-source models alongside OpenAI’s frontier models; a new round at roughly double the June valuation is reported but not closed.
Cerebras. Wafer-scale inference at thousands of tokens/sec; CS-4 (August 2026) claims 2x CS-3 speed. Public company since May 2026; 600 MW of data-center capacity under contract and a $25.4B backlog (as of September 2026). Model catalog is narrower than the GPU clouds; pricing is premium for the speed.
DeepInfra. The budget benchmark. Lowest list prices on the popular open models, a Flex tier for latency-tolerant traffic, and cached-input pricing. Verify TTFT at your prompt lengths before committing agent traffic.
Groq. Still fast, still developer-friendly, but after NVIDIA paid ~$20B to license its LPU technology and hired CEO Jonathan Ross (December 2025), Groq’s cloud runs substantially on NVIDIA hardware; its own site now describes LPX hardware working alongside NVIDIA’s next-generation GPUs. Raised $650M (June 2026) and $350M (August 2026) at a $3.5B valuation to expand capacity. GPT-OSS 120B at $0.15/$0.60 per MTok (August 2026 price; not re-confirmed on October 13 because Groq’s pricing page now redirects to its homepage).
OpenRouter. The universal adapter: one key, unified billing, automatic provider fallback, and access to closed and open models alike. Adds a routing margin; best for prototyping, multi-model apps and small teams that do not want five vendor accounts.
Hyperscalers. Amazon Bedrock, Google Vertex AI and Azure AI Foundry host the frontier models (Claude on all three; Gemini on Vertex; OpenAI on Azure) plus open weights, with the compliance and networking your security team already approved. Regional endpoints typically carry a ~10% premium over the model vendor’s direct API.
Price reality check
List price per token is a weak predictor of spend in 2026. Artificial Analysis measured GPT-6 Astra (high) consuming ~16M output tokens to run its full Intelligence Index versus ~123M for Gemini 3.8 Flash (high) — a 7.7x gap that erases Flash’s ~13x price advantage. The same applies to open models: a chatty model on the cheapest host can cost more per task than a terse one on a pricier host. Benchmark cost per completed task on your own workload before choosing a provider. Reference prices: Best AI model API pricing 2026.
What changed in 2026
- Free tiers largely disappeared (Cerebras → $5 trial in July; Together → $5 minimum; Groq trimmed free models in August).
- Valuations reset: Fireworks $17.5B and Together $8.3B (up), Groq $3.5B (down), Cerebras public.
- Disaggregated inference (separate prefill and decode clusters) went mainstream — Cerebras on Bedrock, NVIDIA Dynamo on the GPU clouds.
- Batch and Flex tiers at ~50% off became standard from Google, OpenAI, Together, Fireworks and DeepInfra.
Related
Fine-tuning before you serve: best QLoRA and LoRA fine-tuning platforms with token billing. Serving one open model: best inference provider for gpt-oss-120b in production.
For custom models on GPUs that scale to zero, see best inference API vendors for autoscaling and fast cold starts.
- Low latency inference providers: Cerebras, Groq, SambaNova, Fireworks Fast
- Best cloud provider for open-source LLMs at scale (GPU prices)
- Best dedicated inference endpoint providers for production
- Best inference providers for LoRA and fine-tuned models
- Best LLM serving providers for coding assistants
- Baseten evaluation 2026: pricing, strengths, alternatives
- Baseten vs Together AI vs Fireworks AI (June 2026)
- OpenRouter vs Together vs Fireworks for DeepSeek V4
- Groq’s down round and the inference cloud pivot (August 2026)
- vLLM vs Ollama vs LM Studio: local LLM serving (2026)
- Best open-weight AI model to self-host (August 2026)
Serverless only: see leading serverless inference providers. Side projects: see best inference providers for scalable side projects.
Real-time apps: see best AI infrastructure providers for real-time inference for speed, capacity guarantees and picks by latency budget.
EU data residency / GDPR: see best GDPR-compliant LLM hosting for EU RAG workloads. Latency: see how to reduce LLM latency.
Sources
- Fireworks AI — $1.5B Series D at $17.5B valuation (July 15, 2026)
- TechCrunch — Together AI raises $800M at $8.3B valuation (July 1, 2026)
- Axios Pro — Baseten in talks to raise at $26B valuation (September 22, 2026)
- AFR — Baseten eyes higher valuation after OpenAI partnership (September 30, 2026)
- OpenAI — Previewing Ultrafast mode: GPT-5.6 Sol at up to 14x the speed (August 13, 2026)
- VentureBeat — GPT-6.1 Sol and the Ultrafast tier (September 29, 2026)
- OpenAI — API pricing (read October 13, 2026)
- Groq — homepage (read October 13, 2026)
- Xiaomi MiMo — API pricing (read October 13, 2026)
- Baseten — Announcing our Series F ($1.5B at a $13B valuation, June 22, 2026)
- IBM Newsroom — IBM and Together AI sign multi-year agreement to scale open-source AI inference on IBM Cloud (August 11, 2026)
- Cerebras — Series G press release and investor materials
- DeepInfra — Best AI inference platforms for speed and cost in 2026 (September 8, 2026)