MiniMax: MiniMax M3

minimax · Released May 31, 2026
DFO score #52 / 698
48.2 leaderboard score
Speed #150 / 338
106.7 tok/s
Input Price #399 / 698
$0.300 per 1M tokens
Output Price #403 / 698
$1.20 per 1M tokens
Context #35 / 698
1M tokens

Analysis Summary

MiniMax M3 is a multimodal MiniMax model that supports text, image, and video input, plus tool use and function calling. It pairs strong coding measurements with a one-million-token context and a useful general intelligence result. Its measured agentic capability is less pronounced than its coding performance, so autonomous multi-step work should be tested rather than assumed.

For agency workflows, the breadth of modality and context is useful for code assistance, analysis of long materials, and tasks that combine visual or video inputs with text. Function calling provides a path to structured integrations. The model is a better fit for supervised work and orchestrated tasks than for high-risk independent execution.

Listed input and output prices are low, making it an attractive option for volume-oriented trials. Adopt it for tasks where its multimodality and context are useful, while maintaining review for consequential outputs.

Assessed September 23, 2026

Editorial notes

MiniMax M3 offers strong coding measurements, vision and video input, tool use, and a one-million-token context at low listed pricing; agentic capability is less pronounced.

The DFO score ranks models on the Artificial Analysis Intelligence Index and is refreshed as new models launch. The write-up and verdict are our own. Feedback?

DFO Verdict

MiniMax M3 offers strong coding measurements, vision and video input, tool use, and a one-million-token context at low listed pricing; agentic capability is less pronounced.

#52 of 698 overall Down 2 this week

Benchmarks

Intelligence Index 29.2 #52 of 436 · Artificial Analysis
Coding Index 58.6 #42 of 198 · Artificial Analysis
Agentic Index 29.5 #39 of 181 · Artificial Analysis
Creative Writing 1,406 #59 of 64 · Arena rating
Instruction Following 1,434 #59 of 65 · Arena rating

Artificial Analysis data refreshed Oct 12, 2026. Arena ratings from the Oct 2, 2026 text leaderboard, with style control.

How MiniMax: MiniMax M3 compares

MiniMax: MiniMax M3 ranks #52 of 436 AI models we track for overall intelligence, #42 of 198 for coding, #39 of 181 for agentic tasks. Its 1M-token context window is larger than 95% of the models we list. At $0.30 per million input tokens it is cheaper than 43% of comparable models.

Position in the field
DFO score: ahead of 93% of models #52
Speed: faster than 56% of models #150
Price: cheaper than 43% of models #399
Context: larger than 95% of models #35
worst in fieldmedianbest in field
Price vs frontier peers · $ per 1M tokens
MiniMax: MiniMax M3 $0.30 in $1.20 out
Anthropic: Claude Opus 5.5 $4.00 in $20.00 out
Anthropic: Claude Sonnet 5.5 $2.00 in $10.00 out
Anthropic: Claude Fable 5.1 $10.00 in $50.00 out

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

Context window vs peers · tokens

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

Pricing

Token Type Cost per 1M tokens Cost per 1K tokens
Input $0.30 $0.000300
Output $1.20 $0.001200

What would MiniMax: MiniMax M3 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

$2.05/mo MiniMax: MiniMax M3 $0.0007 per request
$31.68/mo Anthropic: Claude Opus 5.5 $0.01 per request
$15.84/mo Anthropic: Claude Sonnet 5.5 · best value $0.0053 per request

Full calculator with 698 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 M3 for the hard ones. Most clients cut their estimate by 60-80%.

Talk to our team

About MiniMax: MiniMax M3

MiniMax-M3 is a multimodal foundation model from MiniMax. It supports text, image, and video inputs with text output, a 1M-token context window, and is suited for long-horizon agentic work, coding,..

Frequently asked questions about MiniMax: MiniMax M3

How much does MiniMax: MiniMax M3 cost?

MiniMax: MiniMax M3 costs $0.30 per million input tokens and $1.20 per million output tokens.

What is the context window of MiniMax: MiniMax M3?

MiniMax: MiniMax M3 has a context window of 1,048,576 tokens (1M).

Is MiniMax: MiniMax M3 good for coding?

On our coding benchmark index, MiniMax: MiniMax M3 ranks #42 of 198 models, placing it in the top quartile of the field for code generation and debugging.

What can MiniMax: MiniMax M3 do?

MiniMax: MiniMax M3 supports image/vision input, tool use, and function calling.

Who created MiniMax: MiniMax M3?

MiniMax: MiniMax M3 is developed by MiniMax and was released on May 31, 2026.

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