MiniMax: MiniMax M2

MiniMax: MiniMax M2

minimax · Released Oct 23, 2025 Professional
Intelligence #14 / 590
82.0 Our Score
Speed #134 / 278
95.5 tokens / sec
Input #319 / 590
$0.255 per 1M tokens
Output #324 / 590
$1.00 per 1M tokens
Context #195 / 590
204,800 tokens

Analysis Summary

MiniMax M2 is a strong mid-tier model with an intelligence index of 28.3 and standout coding performance, including a LiveCodeBench score of 0.826 and TerminalBench Hard of 0.258. Its agentic index of 56.3 and TAU2 score of 0.868 confirm reliable multi-step task execution, and tool use plus function calling round out its technical profile.

For businesses, M2 suits autonomous coding agents, structured data pipelines, and long-document workflows up to 204K tokens. Instruction following is strong (IFBench 0.723) and long-context reasoning (LCR 0.61) is above average, making it viable for contract analysis or report generation alongside technical tasks.

Pricing at $0.255 input and $1.00 output is moderate. Teams needing a capable coding and agentic model without paying frontier prices will find M2 competitive, though the provider's enterprise support footprint is smaller than Anthropic or OpenAI, which may factor into procurement decisions.

Assessed June 30, 2026

Editorial notes

MiniMax M2 delivers strong coding and agentic performance with a 204K context window, tool use, and function calling at competitive pricing, making it a capable mid-tier model for technical business workflows.

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

Performance Profile

Intelligence4.6Technical7.2Value8Content7.6
Intelligence 4.6/10
Technical 7.2/10
Content 7.6/10
Value 8/10

How MiniMax: MiniMax M2 compares

MiniMax: MiniMax M2 ranks #90 of 385 AI models we track for overall intelligence, #74 of 293 for agentic tasks. Its 205K-token context window is larger than 67% of the models we list. At $0.26 per million input tokens it is cheaper than 46% of comparable models.

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,..

Capabilities

Tool Use Function Calling

Performance Indices

Source: Artificial Analysis

28.3 Intelligence Index
56.3 Agentic Index
78.3 Math Index

Benchmark Scores

Intelligence

GPQA Diamond 77.7% Graduate-level scientific reasoning
HLE 12.5% Humanity's Last Exam
MMLU Pro 82% Multi-task language understanding
AIME 2025 78.3% Competition mathematics (2025)
SciCode 36.1% Scientific computing

Technical

LiveCodeBench 82.6% Live coding evaluation
TerminalBench Hard 25.8% Agentic terminal tasks
τ²-Bench 86.8% Conversational agent benchmark

Content

IFBench 72.3% Instruction following
LCR 61% Long-context reasoning

Benchmark data from Artificial Analysis and Hugging Face

How does MiniMax: MiniMax M2 stack up?

Compare side-by-side with other professional models.

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Model Information

OpenRouter ID minimax/minimax-m2
Providerminimax
Release Date October 23, 2025
Context Length204,800 tokens
Max Completion196,608 tokens
Status Active

Pricing

Token Type Cost per 1M tokens Cost per 1K tokens
Input $0.26 $0.000255
Output $1.00 $0.001000

Live Performance

Live endpoint metrics, refreshed every 30 minutes.

375ms
Best Latency (TTFT)
57 tok/s
Best Throughput
0/4
Active Endpoints
Available via: AtlasCloud, Minimax, Google, Novita

Leaderboard Categories

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 $1.00 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.