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MiniMaxReleased October 26, 2025

MiniMax-M2

MiniMax · Released October 26, 2025

Intelligence score

28

At a glance

Intelligence
28
Speed
88.5tokens/sec
Latency
1.96stime to first token
Input price
$0.30per 1M tokens
Output price
$1.20per 1M tokens
Context window
200Ktokens
Parameters
230billions

Summary

Comparison summary

MiniMax-M2 scores 28 (estimated) on the Artificial Analysis Intelligence Index, placing it above average among other open weight models of similar size (median: 25). MiniMax-M2 generates output at 88.5 tokens per second (based on MiniMax's API), which is above average compared to other open weight models of similar size (median: 61.7 t/s). MiniMax-M2 costs $0.30 per 1M input tokens (very competitive, median: $0.59) and $1.20 per 1M output tokens (better than average, median: $2.20), based on MiniMax's API.

Specifications

Technical specifications

Model nameMiniMax-M2
ProviderMiniMax
Release dateOctober 26, 2025
Intelligence score28
Speed88.5 tokens/sec
Latency (TTFT)1.96s
Input price$0.30 / 1M tokens
Output price$1.20 / 1M tokens
Context window200,000 tokens
Parameters230B
ReasoningYes
Input modalitiestext
Output modalities—
Open weightsYes
LicenseMIT
API availability—
SourceModel Intelligence legacy profile: minimax-m2

Pricing

Token prices

Price per 1M tokens

MiniMax-M2, as listed in the catalog record

Input $0.30 and output $1.20 per 1M tokens. Missing prices are hatched and marked "Not published".
  1. Input$0.30
  2. Output$1.20

Model Intelligence legacy profile: minimax-m2

FAQ · 20

Frequently asked questions

MiniMax-M2 was released on October 26, 2025.

MiniMax-M2 was created by MiniMax.

MiniMax-M2 scores 28 (estimated) on the Artificial Analysis Intelligence Index, placing it above average among other open weight models of similar size (median: 25).

MiniMax-M2 generates output at 88.5 tokens per second (based on MiniMax's API), which is above average compared to other open weight models of similar size (median: 61.7 t/s).

MiniMax-M2 has a time to first token (TTFT) of 1.96s (based on MiniMax's API), which is better than average compared to other open weight models of similar size (median: 2.01s).

MiniMax-M2 costs $0.30 per 1M input tokens (very competitive, median: $0.59) and $1.20 per 1M output tokens (better than average, median: $2.20), based on MiniMax's API.

MiniMax-M2 costs $0.30 per 1M input tokens and $1.20 per 1M output tokens (based on MiniMax's API). For a blended rate (7:2:1 cache hit/input/output ratio), this is $0.39 per 1M tokens. Pricing may vary by provider.

Yes, MiniMax-M2 is a reasoning model. It uses extended thinking or chain-of-thought reasoning to work through complex problems before providing an answer.

MiniMax-M2 supports text input.

MiniMax-M2 supports text output.

No, MiniMax-M2 does not support image input. It can only process text.

No, MiniMax-M2 is not multimodal. It only supports text input.

MiniMax-M2 has a context window of 200k tokens. This determines how much text and conversation history the model can process in a single request.

Yes, MiniMax-M2 is open weights. The model weights are publicly available and can be downloaded for self-hosting.

MiniMax-M2 has 230 billion parameters (10 billion active).

MiniMax-M2 is a Mixture of Experts (MoE) model with 230 billion total parameters, but only 10 billion active parameters are used during inference.

MiniMax-M2 is released under the MIT license. This license allows commercial use.

MiniMax-M2 achieves a score of 28 on the Artificial Analysis Intelligence Index. This composite benchmark evaluates models across reasoning, knowledge, mathematics, and coding.

Yes, MiniMax-M2 is available via API through 4 providers.

MiniMax-M2 is available through 4 API providers.