MiniMax: MiniMax M2

MiniMax: MiniMax M2

minimax · Released Oct 23, 2025
Intelligence #136 / 699
47.3 our score
Speed #167 / 320
88.9 tok/s
Input Price #360 / 713
$0.255 per 1M tokens
Output Price #366 / 713
$1.02 per 1M tokens
Context #299 / 713
204,800 tokens

Analysis Summary

MiniMax M2 is a cost-focused text model with a 204.8K context window and strong results in coding, tool use, instruction following, and long-context tasks. Function calling supports structured integrations, while its low input and output prices make repeated agentic or engineering calls practical. The model is particularly well positioned for work that benefits from reliable execution rather than purely conversational breadth.

It suits software maintenance, code generation, SEO production, structured content, document analysis, and tool-connected automation. The high tool-use result is useful for agent workflows, although its general reasoning index remains below premium models and it lacks vision support. Complex strategy and multimodal tasks would need a different model.

Adopt MiniMax M2 as a value-oriented coding and agent specialist for validated, high-volume workflows.

Assessed August 9, 2026

Editorial notes

MiniMax M2 combines strong coding, tool-use, function-calling, long-context, and instruction-following results with a 204.8K context window and low pricing. Its general reasoning is below flagship systems, but it is a capable value specialist.

Rankings consider pricing, capabilities, benchmarks, and real-world applicability and are refreshed as new models launch. Feedback?

DFO Verdict

MiniMax M2 combines strong coding, tool-use, function-calling, long-context, and instruction-following results with a 204.8K context window and low pricing. Its general reasoning is below flagship systems, but it is a capable value specialist.

#136 of 699 overall

Benchmark scores

GPQA Diamond 77.7%
HLE 12.5%
MMLU Pro 82%
AIME 2025 78.3%
SciCode 36.1%
LiveCodeBench 82.6%
TerminalBench Hard 25.8%
τ²-Bench 86.8%
IFBench 72.3%
LCR 61%

Magenta = intelligence · Ink = technical/agentic · Cyan = content & long-context · Grey = community benchmarks. Data: Artificial Analysis, Hugging Face.

28.9 Intelligence Index·78.3 Math Index

How MiniMax: MiniMax M2 compares

MiniMax: MiniMax M2 ranks #132 of 427 AI models we track for overall intelligence. Its 205K-token context window is larger than 58% of the models we list. At $0.26 per million input tokens it is cheaper than 50% of comparable models.

Position in the field
Intelligence: smarter than 81% of models #136
Speed: faster than 48% of models #167
Price: cheaper than 50% of models #360
Context: larger than 58% of models #299
worst in fieldmedianbest in field
Price vs frontier peers · $ per 1M tokens
MiniMax: MiniMax M2 $0.26 in $1.02 out
Claude Opus 5 $5.00 in $25.00 out
SpaceXAI: Grok 4.6 $2.00 in $6.00 out
Qwen: Qwen3.8 Max $2.00 in $6.00 out

Dark bar = input · light bar = output, scaled to the priciest peer.

Context window vs peers · tokens
MiniMax: MiniMax M2 205K

1M tokens ≈ 8 full-length novels or ~2,500 pages of business documents in a single request.

Intelligence4.7Technical0Value8Content7.2
Performance profile

Strongest on value. The pulled-in technical corner is the trade-off, and if the shape matters more than the price, this is your model.

Compare shapes side-by-side →

Pricing

Token Type Cost per 1M tokens Cost per 1K tokens
Input $0.26 $0.000255
Output $1.02 $0.001020

What would MiniMax: MiniMax M2 cost your business?

Pick the job that looks most like yours, then fine-tune with the sliders. Estimates update live.

A website chatbot handling around 100 customer conversations a day, a few short messages each.

3,000
One request is one message, email, draft or automation call.
1,200 tokens

$0/mo MiniMax: MiniMax M2

Full calculator with 713 models → Price Calculator

DFO AI AUTOMATION

These numbers get smaller with the right architecture.

We route routine calls to cheap models and save MiniMax: MiniMax M2 for the hard ones. Most clients cut their estimate by 60-80%.

Talk to our team

About MiniMax: MiniMax M2

MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion total), it delivers near-frontier intelligence across general reasoning,..

Frequently asked questions about MiniMax: MiniMax M2

How much does MiniMax: MiniMax M2 cost?

MiniMax: MiniMax M2 costs $0.26 per million input tokens and $1.02 per million output tokens.

What is the context window of MiniMax: MiniMax M2?

MiniMax: MiniMax M2 has a context window of 204,800 tokens (205K).

What can MiniMax: MiniMax M2 do?

MiniMax: MiniMax M2 supports tool use and function calling.

Who created MiniMax: MiniMax M2?

MiniMax: MiniMax M2 is developed by MiniMax and was released on October 23, 2025.

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