
Best AI Models for RAG - March 2026
Gemini 2.5 Flash leads RAG generation accuracy at 87% on LIT-RAGBench, while o3 tops multi-hop reasoning and Qwen3-235B is the best open-source option.

Gemini 2.5 Flash leads RAG generation accuracy at 87% on LIT-RAGBench, while o3 tops multi-hop reasoning and Qwen3-235B is the best open-source option.

Embedding API costs compared for OpenAI, Cohere, Voyage AI, Google, Mistral, and Jina - normalized to price per million tokens with MTEB quality scores.

Rankings of the best embedding models by MTEB scores, comparing retrieval quality, dimensions, speed, and pricing for RAG and search.