MiniMax-M2 at a glance
MiniMax-M2 launched with open weights and an API priced at $0.30 input and $1.20 output per million tokens, which MiniMax put at 8% of Claude Sonnet's price at about twice the speed.
What changed with MiniMax-M2
On October 27, 2025, MiniMax open-sourced and launched MiniMax-M2, a model designed for agents and code. MiniMax said it handles long chains of tool calls across a shell, browser, Python interpreter and MCP tools, and that it ranked in the global top five on the Artificial Analysis intelligence benchmark at launch.
The API was priced at $0.30 per million input tokens and $1.20 per million output tokens, with an inference speed of about 100 tokens per second; MiniMax described this as 8% of Claude Sonnet's price at roughly twice the speed, and offered a free trial for a limited period. Weights were published on Hugging Face under a modified MIT license, and MiniMax upgraded its MiniMax Agent product to run on M2.
MiniMax-M2 benchmarks and pricing
Values are copied from the linked source on the date shown. They are not IA Compa measurements.
- Input price per 1M tokensas of · Source for Input price per 1M tokens: minimax.io (opens in a new tab)
- $0.30
- Output price per 1M tokensas of · Source for Output price per 1M tokens: minimax.io (opens in a new tab)
- $1.20
How it compares
Other models in the same category that we have covered, using each model's latest recorded value. (Models)
Where to compare MiniMax-M2
Independent leaderboards and official resources for comparing this model yourself. Rankings change often; each site shows its own current data.
General leaderboards
Why MiniMax-M2 matters for businesses
For businesses, M2 showed that open models had become competitive for agent workloads at a fraction of frontier pricing, which lowers the cost of always-on automations, provided the license and data handling fit your requirements.
Sources for this story
- MiniMax M2 & Agent: Ingenious in Simplicity (opens in a new tab)Official
MiniMax · minimax.io
- MiniMaxAI/MiniMax-M2 (opens in a new tab)Official
Hugging Face · huggingface.co
- MiniMax-M2 model page (opens in a new tab)Benchmark
Artificial Analysis · artificialanalysis.ai
Last verified: . IA Compa summarizes public announcements for business readers. We are not affiliated with the companies mentioned. Always confirm details, pricing, and availability with the official source.
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