DeepSeek V3.2 vs Inkling

DeepSeek · China  |  Thinking Machines Lab · US · Updated June 2026

Quick verdict

Pick DeepSeek V3.2 for long-context efficiency via deepseek sparse attention (dsa) or agentic tool-use with thinking integrated into tool calls (thinking/non-thinking modes). Pick Inkling for the first model release from mira murati's thinking machines lab (ex-openai cto) - one of the most closely-watched new labs in ai or a 975b-parameter moe (41b active) with native text, image, and audio reasoning in one model. On a tight budget at scale, Inkling is the value pick.

DeepSeek V3.2 (DeepSeek, China) and Inkling (Thinking Machines Lab, US) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. DeepSeek V3.2 is a cost-efficient, open-weight (MIT) 685B-parameter MoE model whose DeepSeek Sparse Attention delivers GPT-5-comparable reasoning with far cheaper long-context inference. Inkling is mira Murati's Thinking Machines Lab debuts with Inkling - a 975B open-weight MoE with native multimodal reasoning and a dialable thinking-effort control. They diverge most on price and context window — each quantified below from the models' real specs.

Key differences at a glance

Side-by-side specs

SpecDeepSeek V3.2Inkling
ProviderDeepSeek (China) Thinking Machines Lab (US)
ReleasedDecember 1, 2025 July 15, 2026
Context window131K (~197 pages) 1M (~1,500 pages)
Price (in/out)$0.28/$0.42 per 1M tokens Open weight (self-host / free)
Open weight?Yes — self-hostable Yes — self-hostable
Modalitiestext, code text, image, audio, code
SWE-Bench Verified73.1% Not published
MRCR v2 @ 1MNot published Not published

Who wins what

Long-context efficiency via DeepSeek Sparse Attention (DSA)

DeepSeek V3.2

DeepSeek V3.2 lists long-context efficiency via DeepSeek Sparse Attention (DSA) among its strengths; Inkling does not.

Agentic tool-use with thinking integrated into tool calls (thinking/non-thinking modes)

DeepSeek V3.2

DeepSeek V3.2 lists agentic tool-use with thinking integrated into tool calls (thinking/non-thinking modes) among its strengths; Inkling does not.

Elite competition math and reasoning (AIME 2025 93.1, Codeforces 2386)

DeepSeek V3.2

DeepSeek V3.2 lists elite competition math and reasoning (AIME 2025 93.1, Codeforces 2386) among its strengths; Inkling does not.

The first model release from Mira Murati's Thinking Machines Lab (ex-OpenAI CTO) - one of the most closely-watched new labs in AI

Inkling

DeepSeek V3.2 is comparatively weak here — superseded - no longer listed on DeepSeek's current pricing page as of August 2026; DeepSeek V4-Flash/V4-Pro are the current models

A 975B-parameter MoE (41B active) with native text, image, and audio reasoning in one model

Inkling

Mira Murati's Thinking Machines Lab debuts with Inkling - a 975B open-weight MoE with native multimodal reasoning and a dialable thinking-effort control — and it carries the larger 1M context.

A dialable 'thinking effort' knob (0.2-0.99) that lets you trade speed for depth of reasoning per-request

Inkling

Mira Murati's Thinking Machines Lab debuts with Inkling - a 975B open-weight MoE with native multimodal reasoning and a dialable thinking-effort control — and it is the newer of the two.

Lowest cost at scale

Inkling

Its weights are open, so at volume you pay for your own hardware instead of DeepSeek V3.2's $0.28/$0.42 per 1M tokens.

Largest single-prompt input

Inkling

Its 1M window is about 7.6× larger than DeepSeek V3.2's 131K, fitting roughly 1,500 pages in one prompt.

Which should you pick?

A cost-sensitive startup shipping high volume

Inkling

At Open weight (self-host / free) it undercuts DeepSeek V3.2, and on millions of tokens that margin decides the monthly bill.

Someone analysing very long documents or codebases

Inkling

Larger 1M window fits more in one prompt.

Anyone whose priority is long-context efficiency via deepseek sparse attention (dsa)

DeepSeek V3.2

It is specifically built for that.

Anyone whose priority is the first model release from mira murati's thinking machines lab (ex-openai cto) - one of the most closely-watched new labs in ai

Inkling

That is its strongest area.

An enterprise with regional data-residency rules

Inkling or DeepSeek V3.2

Origin (China vs US) affects where data is processed and which compliance regime applies — check the provider's terms for your region.

DeepSeek V3.2: where it fits

A cost-efficient, open-weight (MIT) 685B-parameter MoE model whose DeepSeek Sparse Attention delivers GPT-5-comparable reasoning with far cheaper long-context inference. Released December 1, 2025 by DeepSeek, it is built for long-context efficiency via DeepSeek Sparse Attention (DSA), agentic tool-use with thinking integrated into tool calls (thinking/non-thinking modes), elite competition math and reasoning (AIME 2025 93.1, Codeforces 2386), and low-cost, open-weight (MIT) self-hosting.

Its trade-offs are real: superseded - no longer listed on DeepSeek's current pricing page as of August 2026; DeepSeek V4-Flash/V4-Pro are the current models, text-only — no image, audio, or video input, and sWE-Bench Verified (73.1) trails the top closed coding models (Claude 4.5 Sonnet 77.2, Gemini 3 Pro 76.2). At $0.28 in / $0.42 out per million tokens, it sits in the budget price band.

Inkling: where it fits

Mira Murati's Thinking Machines Lab debuts with Inkling - a 975B open-weight MoE with native multimodal reasoning and a dialable thinking-effort control. Released July 15, 2026 by Thinking Machines Lab, it is built for the first model release from Mira Murati's Thinking Machines Lab (ex-OpenAI CTO) - one of the most closely-watched new labs in AI, a 975B-parameter MoE (41B active) with native text, image, and audio reasoning in one model, a dialable 'thinking effort' knob (0.2-0.99) that lets you trade speed for depth of reasoning per-request, and fully open weights (Apache 2.0) at frontier scale - unusual for a model this large and this new.

Its trade-offs: a brand-new lab's first release - no multi-generation track record yet, no official hosted API price - available via third-party hosts only at launch, and independent third-party benchmark verification is still limited given how recently it shipped. As an open-weight model, its running cost is your own hardware rather than a per-token fee.

The bottom line for this matchup

This is less "which is smarter" and more "which ecosystem fits." DeepSeek V3.2 (China) and Inkling (US) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. Inkling is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.

Want both DeepSeek V3.2 and Inkling without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.

See pricing

Frequently asked questions

Is DeepSeek V3.2 or Inkling better for coding?

Public SWE-Bench figures are not available for Inkling, so the honest test is your own repository — run an identical real bug through both. By design, DeepSeek V3.2 leans toward long-context efficiency via deepseek sparse attention (dsa) while Inkling leans toward the first model release from mira murati's thinking machines lab (ex-openai cto) - one of the most closely-watched new labs in ai, and that positioning usually predicts which feels better on your codebase.

Which is cheaper, DeepSeek V3.2 or Inkling?

Inkling is cheaper — $0.28/$0.42 per 1M tokens vs Open weight (self-host / free).

Which has the bigger context window?

Inkling — 1M vs 131K, about 7.6× larger. Useful only if the model actually reasons over the full window, which not all do.

Can I use both DeepSeek V3.2 and Inkling together?

Yes — a multi-model platform like LumiChats gives you DeepSeek V3.2, Inkling and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.

Which is newer, DeepSeek V3.2 or Inkling?

Inkling — released July 15, 2026, about 8 months after DeepSeek V3.2.

Related comparisons

Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.