GEM-4C 558 -4%
GPT-61S 555 -3.8%
CL-SN55 553 -3.8%
CL-OP55 551 -4%
GPT-61TERR 547 -3.5%
GEM-4CM 546 -4%
CL-OP55EH 542 -3.9%
GPT-61SOLXH 541 -3.6%
GPT-61SOLH 527 -3.7%
CL-SN55XH 523 -3.5%
GEM-4CL 520 -3.9%
GPT-61TERRXH 507 -3.4%
CL-OP55H 506 -4%
GPT-61SOLM 500 -3.5%
KIMI-K31P 499 -3.5%
GEM-4AR 498 -3.9%
GPT-61TERRH 490 -3.2%
CL-OP55M 483 -3.6%
MUSE-WONDFUL 479 -3.8%
CL-SN55H 467 -3.3%
CL-HK55 463 -2.9%
GPT-61TERRM 462 -3.1%
GPT-6A 451 -4.7%
MUSE-WOND 451 -3.6%
CL-HK55XH 450 -3%
GPT-6ASTRXH 440 -4.8%
GROK-47 440 -3.1%
GROK-47H 438 -2.9%
GPT-6ASTRH 437 -4.8%
DSK-V-340615 436 -2.9%
QWEN-38X 428 -2.9%
GPT-61SOLL 423 -3.2%
GLM-53 420 -3%
MIMO-V26P 420 -2.6%
CL-HK55H 419 -2.8%
LING-31F1019 417 -2.6%
GEM-38F 416 -2.8%
GPT-6ASTRM 415 -4.6%
MMAX-M31F 414 -2.8%
GEM-38FM 412 -2.8%
GPT-61TERRNO 411 -2.8%
GROK-47L 410 -2.8%
DSK-V-3E48BD 410 -2.6%
GPT-6L 407 -2.6%
GLM-53F 407 -2.6%
STEP-5 405 -2.6%
CL-FABL51XH 403 -4.7%
GPT-61TERRL 403 -2.9%
MIMO-V26F 401 -2.4%
CL-FABL51 399 -4.5%
CL-SN55M 395 -2.9%
CL-OP55L 393 -3.4%
MIST-LARG4 390 -2.7%
CL-FABL51H 386 -4.5%
CL-HK55M 386 -2.3%
GPT-6LUNAXH 377 -2.6%
MUSE-SPAROPE 375 -2.6%
MIST-LARG4M 371 -2.4%
DSK-V4P 365 -2.4%
GPT-6LUNAH 365 -2.1%
GLM-53L 364 -2.4%
CL-SN55L 362 -2.7%
GEM-38FL 361 -2.4%
GPT-6ASTRL 359 -4.5%
CL-FABL51M 359 -4.5%
QWEN-827B 349 -2.2%
CL-HK55L 347 -2%
MMAX-M3 345 -2%
GPT-6LUNAM 344 -2.3%
DSK-V-02811D 344 -2%
K2-HORI375BA 342 -2%
REFL-BEAM 338 -2%
QWEN-827BM 332 -1.8%
CL-FABL51L 329 -4.4%
QWEN-827BL 320 -1.8%
NEMO-35SUPEV 313 -1.9%
INKL 295 -1.7%
NVID-NEMO3UL 295 -1.3%
GEM-35FLITE 295 -1.3%
GPT-6LUNAL 287 -1.4%
GPT-6LUNANON 286 -1%
NANB-333B 285 -2.7%
QWEN-827BNON 282 -1.4%
COMM-APLUS 266 -1.1%
MUSE-GLIM 263 -1.1%
NEMO-35LIGH 261 -0.8%
GRAN-428B 258 -0.8%
MIST-SMAL4 252 -0.4%
INKL-SM 235 -2.5%
GEMM-431B 225 —
GEMM-4E4B 225 —
GEMM-4E4BNON 225 —
LING-30TINY 225 —
MINI-33B 225 —
NORT-MCODE 225 —
NOVA-MICR 225 —
NVID--ADE3B4 225 —
QWEN-54B 225 —
QWEN-54BNONR 225 —
TINY-AYAGLOB 225 —
GEM-4C 558 -4%
GPT-61S 555 -3.8%
CL-SN55 553 -3.8%
CL-OP55 551 -4%
GPT-61TERR 547 -3.5%
GEM-4CM 546 -4%
CL-OP55EH 542 -3.9%
GPT-61SOLXH 541 -3.6%
GPT-61SOLH 527 -3.7%
CL-SN55XH 523 -3.5%
GEM-4CL 520 -3.9%
GPT-61TERRXH 507 -3.4%
CL-OP55H 506 -4%
GPT-61SOLM 500 -3.5%
KIMI-K31P 499 -3.5%
GEM-4AR 498 -3.9%
GPT-61TERRH 490 -3.2%
CL-OP55M 483 -3.6%
MUSE-WONDFUL 479 -3.8%
CL-SN55H 467 -3.3%
CL-HK55 463 -2.9%
GPT-61TERRM 462 -3.1%
GPT-6A 451 -4.7%
MUSE-WOND 451 -3.6%
CL-HK55XH 450 -3%
GPT-6ASTRXH 440 -4.8%
GROK-47 440 -3.1%
GROK-47H 438 -2.9%
GPT-6ASTRH 437 -4.8%
DSK-V-340615 436 -2.9%
QWEN-38X 428 -2.9%
GPT-61SOLL 423 -3.2%
GLM-53 420 -3%
MIMO-V26P 420 -2.6%
CL-HK55H 419 -2.8%
LING-31F1019 417 -2.6%
GEM-38F 416 -2.8%
GPT-6ASTRM 415 -4.6%
MMAX-M31F 414 -2.8%
GEM-38FM 412 -2.8%
GPT-61TERRNO 411 -2.8%
GROK-47L 410 -2.8%
DSK-V-3E48BD 410 -2.6%
GPT-6L 407 -2.6%
GLM-53F 407 -2.6%
STEP-5 405 -2.6%
CL-FABL51XH 403 -4.7%
GPT-61TERRL 403 -2.9%
MIMO-V26F 401 -2.4%
CL-FABL51 399 -4.5%
CL-SN55M 395 -2.9%
CL-OP55L 393 -3.4%
MIST-LARG4 390 -2.7%
CL-FABL51H 386 -4.5%
CL-HK55M 386 -2.3%
GPT-6LUNAXH 377 -2.6%
MUSE-SPAROPE 375 -2.6%
MIST-LARG4M 371 -2.4%
DSK-V4P 365 -2.4%
GPT-6LUNAH 365 -2.1%
GLM-53L 364 -2.4%
CL-SN55L 362 -2.7%
GEM-38FL 361 -2.4%
GPT-6ASTRL 359 -4.5%
CL-FABL51M 359 -4.5%
QWEN-827B 349 -2.2%
CL-HK55L 347 -2%
MMAX-M3 345 -2%
GPT-6LUNAM 344 -2.3%
DSK-V-02811D 344 -2%
K2-HORI375BA 342 -2%
REFL-BEAM 338 -2%
QWEN-827BM 332 -1.8%
CL-FABL51L 329 -4.4%
QWEN-827BL 320 -1.8%
NEMO-35SUPEV 313 -1.9%
INKL 295 -1.7%
NVID-NEMO3UL 295 -1.3%
GEM-35FLITE 295 -1.3%
GPT-6LUNAL 287 -1.4%
GPT-6LUNANON 286 -1%
NANB-333B 285 -2.7%
QWEN-827BNON 282 -1.4%
COMM-APLUS 266 -1.1%
MUSE-GLIM 263 -1.1%
NEMO-35LIGH 261 -0.8%
GRAN-428B 258 -0.8%
MIST-SMAL4 252 -0.4%
INKL-SM 235 -2.5%
GEMM-431B 225 —
GEMM-4E4B 225 —
GEMM-4E4BNON 225 —
LING-30TINY 225 —
MINI-33B 225 —
NORT-MCODE 225 —
NOVA-MICR 225 —
NVID--ADE3B4 225 —
QWEN-54B 225 —
QWEN-54BNONR 225 —
TINY-AYAGLOB 225 —

Delayed ticker data. Last calculated 5 Nov 2026, 11:04 pm Sydney time.

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NVIDIA Ships Nemotron 3.5 Lightning: 30B MoE Open Model at 4x Output Speed for Always-On Agent Execution

NVIDIA has released Nemotron 3.5 Lightning, a 30-billion-parameter mixture-of-experts model with 3 billion active parameters, targeting the execution layer of enterprise agentic stacks. The model ships in NVFP4 format on Hugging Face and claims 4x output speed and 30% faster agentic task completion against comparable open models.

The release pairs with NeMo Switchyard, NVIDIA’s new agent orchestration framework, and arrives under the Nemotron Coalition label — a formal programme in which external partners contributed evaluation methodologies, inference software, and training datasets to the model development process.

The Execution Layer Thesis

Nemotron 3.5 Lightning is not positioned as a frontier reasoning model. NVIDIA is explicit: it is the always-on execution layer that runs continuously beneath higher-capability models in a multi-agent stack.

The production pattern it targets looks like this: a frontier model (Fable 5, GPT-5.6 Sol, or Grok 4.5) plans and delegates. Nemotron 3.5 Lightning executes — running tool calls, parsing structured outputs, formatting data, completing repetitive subtasks — at a cost and latency profile that makes continuous background operation economically viable. Frontier model calls stay bounded to the decisions that require frontier capability.

This split-layer architecture has already emerged in production codebases. Claude Dynamic Workflows and AWS AgentCore both use it. NVIDIA is betting that as this pattern standardises, enterprises will want an open, auditable, customisable model for the execution tier rather than another proprietary API.

Architecture: Why 30B/3B Matters

The 30B total / 3B active MoE configuration is a deliberate point on the compute curve. Inference cost is determined by active parameters — the 3B that fire per token. Total capacity (30B) sets the knowledge ceiling and enables specialisation across expert modules without paying the forward-pass cost of a dense 30B model.

For agent workloads, the efficiency advantage compounds. Agent inference is dominated by generation at scale: formatting tool call responses, emitting structured JSON, producing short confirmations across thousands of concurrent threads. At 3B active parameters, Nemotron 3.5 Lightning can sustain that throughput on a single GPU without batching penalties.

The NVFP4 format — NVIDIA’s 4-bit floating-point representation optimised for Blackwell Tensor Memory Accelerators — extends the efficiency advantage on current-generation hardware. GB200 and B200 GPUs natively accelerate NVFP4 operations, which is why Lightning is distributed in that format rather than the more common BF16 or FP8 builds.

The Nemotron Coalition

External partners contributed evaluation methodologies, inference software, and datasets to the project. This structure differs from a standard model release. Coalition members essentially co-designed what “good” looks like for enterprise agent deployment — specifying benchmark tasks, writing test harnesses, and supplying domain-specific training data.

The practical result is that Nemotron 3.5 Lightning arrives pre-integrated with NemoClaw, NVIDIA’s open-source security and management stack for agent deployment, and with explicit documentation for OpenClaw and Hermes Agent harnesses. The model isn’t just weights on Hugging Face — it comes with a production deployment path.

NeMo Switchyard, launching alongside, handles the routing layer: deciding when a task should stay on Lightning versus escalate to a frontier model, managing tool call dispatch, and maintaining execution state across multi-step agent runs.

What Changes for Enterprise Deployments

The combination of Lightning and Switchyard gives infrastructure teams something they haven’t had from NVIDIA before: a complete open stack from chip to orchestration for agentic workloads, without proprietary API dependency.

The benchmark claims — 4x output speed, 30% faster task completion — need independent verification against a stated baseline, which NVIDIA has not clearly specified. What is verifiable: Lightning uses the same 30B/3B MoE form factor as Nemotron 3 Nano Omni, which reached 1,200+ tokens/second on Blackwell in early benchmarks. At that throughput, a single GB200 can sustain hundreds of concurrent agent threads on the execution tier while keeping a handful of frontier model slots for planning.

That economics is the actual case for this model. At frontier pricing ($3-15 per million output tokens), running planning-level models on execution tasks is prohibitively expensive at scale. Nemotron 3.5 Lightning, deployed on-premises on NVIDIA hardware, converts execution tokens from a margin item to an infrastructure cost.

Where It Fits in the Leaderboard

Artificial Analysis is running independent benchmarks on Nemotron 3.5 Lightning and published preliminary analysis today. Early positioning puts it in the 73-75 range on SWE-bench Verified — below the frontier tier (Claude Opus 5 at 97%, GPT-5.6 Sol at 96.2%) but competitive with models like DeepSeek V3 at 73% and above Gemini 2.5 Pro at 63.8%, while operating at a fraction of the inference cost.

The SWE-bench score is instructive because software engineering tasks are compositionally similar to agentic execution work: structured tool use, file manipulation, command output parsing. A mid-tier SWE-bench score at 4x output speed is the correct trade-off for the execution layer role NVIDIA is targeting.