Language Models & Text Processing

From frontier LLMs to specialized NER models. Which model for which task, at what cost, and when an LLM is overkill.

March 2026|8 min read

Quick picks

Best general LLM
Claude Opus 4 (reasoning) / GPT-5 (multimodal)
Best value LLM
Claude Sonnet 4 ($3/1M) / DeepSeek R1 ($0.55/1M)
Best open source
Llama 4 Maverick (MoE) / DeepSeek R1 (reasoning)
Best embeddings
KaLM-Gemma3-12B (open) / OpenAI text-embedding-3 (API)
Best for classification/NER
Fine-tuned DeBERTa v3 (speed) / LLM few-shot (flexibility)
The tradeoff
LLMs: flexible, slow, expensive. Specialized: fast, cheap, rigid.

Frontier LLM comparison

Ranked by reasoning benchmarks. Costs per million input tokens.

ModelMMLUHumanEvalReasoningSpeedCostBest for
Claude Opus 4Anthropic92.495.1BestMedium$15/1M inComplex reasoning, analysis, coding
GPT-5OpenAI91.893.7ExcellentFast$5/1M inGeneral-purpose, multimodal
Claude Sonnet 4Anthropic90.193.8ExcellentFast$3/1M inBest value frontier, coding
Gemini 2.5 ProGoogle90.391.2ExcellentFast$1.25/1M in1M+ context, multimodal
Llama 4 MaverickMeta (Open)89.290.5Very GoodVariableSelf-hostOpen source, MoE, customization
DeepSeek R1DeepSeek (Open)90.892.1ExcellentSlow (CoT)$0.55/1M inMath, reasoning, open weights
Claude Haiku 4Anthropic84.588GoodVery Fast$0.25/1M inHigh volume, cost-efficient
GPT-4o-miniOpenAI8287.2GoodVery Fast$0.15/1M inCheapest frontier, high throughput

Text processing tasks

Not everything needs an LLM. Here's what specialized models still win at.

When to use an LLM vs a specialized model

Use LLMs when

  • Few examples available (few-shot learning)
  • Complex, nuanced task definitions
  • Need to explain reasoning
  • Task evolves frequently
  • Low volume (<10K requests/day)

Use specialized models when

  • High volume (>100K requests/day)
  • Latency critical (<100ms)
  • Cost sensitive (pennies per 1K calls)
  • Well-defined, stable task
  • Training data available

Explore deeper

Verified benchmarks across every text task. Submit new SOTA results or suggest benchmarks.