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The AI Model Price Index

Llama 3.1 70b Instruct

by Nvidia · listed Jul 2024TW

Open Llama instruction model for multilingual chat, reasoning, and coding

Current rates USD per 1M tokens

Inputfree
Outputfree
Cache read—
Cache write—

Against the market

Input price vs. maker flagships ($/1M tokens)
Llama 3.1 70b InstructLlama 3.1 70b Instruct: free per 1M tokensfreeDeepSeek V4 ProDeepSeek V4 Pro: $0.435 per 1M tokens$0.435Gemini 3.7 FlashGemini 3.7 Flash: $0.75 per 1M tokens$0.75Mistral Medium 3.5Mistral Medium 3.5: $1.50 per 1M tokens$1.50Grok 4.6Grok 4.6: $2.00 per 1M tokens$2.00Qwen3.8 MaxQwen3.8 Max: $2.00 per 1M tokens$2.00Claude Opus 5Claude Opus 5: $5.00 per 1M tokens$5.00GPT-5.6 SolGPT-5.6 Sol: $5.00 per 1M tokens$5.00
Output price vs. maker flagships ($/1M tokens)
Llama 3.1 70b InstructLlama 3.1 70b Instruct: free per 1M tokensfreeDeepSeek V4 ProDeepSeek V4 Pro: $0.87 per 1M tokens$0.87Gemini 3.7 FlashGemini 3.7 Flash: $3.75 per 1M tokens$3.75Grok 4.6Grok 4.6: $6.00 per 1M tokens$6.00Qwen3.8 MaxQwen3.8 Max: $6.00 per 1M tokens$6.00Mistral Medium 3.5Mistral Medium 3.5: $7.50 per 1M tokens$7.50Claude Opus 5Claude Opus 5: $25.00 per 1M tokens$25.00GPT-5.6 SolGPT-5.6 Sol: $30.00 per 1M tokens$30.00

On the record

Model id
meta/llama-3.1-70b-instruct
Context window
128K tokens
Max output
4K tokens
Input modalities
text
Output modalities
text
Reasoning
no
Tool calls
yes
Open weights
yes
Knowledge cutoff
—
Released
2024-07-16
Last updated
2024-07-16
Provider docs
docs.api.nvidia.com/nim/

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