MiniMax-M2

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MiniMax
2025-10-26
MIT
230B params
Context: 1M
Modality:
Intelligence
36.1
#118/532
Coding
29.2
#165/86
Math
78.3
#74/265
Speed
50 tok/s
TTFT: 2.17s
Pricing
$0.30 / $1.20
per 1M tokens (in/out)
Google Preferred Source

MiniMax M2 is an open-source large language model by MiniMax, built for agents and coding tasks. It delivers state-of-the-art tool use, reasoning, and search performance while maintaining exceptional cost-efficiency and speed, priced at just 8% of Claude 3.5 Sonnet’s cost and running at nearly double its inference speed (≈100 TPS). Designed for end-to-end agentic workflows, it excels at long-chain tool calling across Shell, Browser, Python, and other MCP tools. While slightly behind top overseas models in programming, it ranks among the best domestic models and top five globally on the Artificial Analysis benchmark. M2 powers the MiniMax Agent platform, available in Lightning Mode for fast tasks and Pro Mode for complex multi-step reasoning, and its weights, API, and deployment guides are freely available on Hugging Face, vLLM, and SGLang.

MiniMax-M2 is MiniMax’s model designed for various computational tasks. It processes at 50.154 tokens per second and is priced at $0.3 per million input tokens and $1.2 per million output tokens, targeting professional users.

When to Use MiniMax-M2

✓ Best For

  • Data analysis and processing tasks.
  • Mathematical computations requiring high accuracy.
  • Applications needing efficient token management.

✗ Not Ideal For

  • Users requiring high coding capabilities.
  • Tasks that rely heavily on general intelligence.

How MiniMax-M2 Compares

Intelligence Index · Higher is better

China MobileKwaiKATMiniMaxAnthropicAlibaba

Benchmark Profile

Output Speed · tok/s

AlibabaLiquid AIMiniMaxMeta

Math Index

TII UAEByteDance SeedMiniMaxGoogleOpenAI

Intelligence · Coding · Math

Intelligence Coding Math

All Benchmark Scores (26)

BenchmarkScore
Intelligence Index 36.1
Coding Index 29.2
Math Index 78.3
MMLU-Pro 82%
GPQA 777%
LiveCodeBench 826%
HLE 125%
SWE-Bench Verified 69.4%
SciCode 36.1%
IFBench 72.3%
LCR 61%
TerminalBench Hard 25.8%
Tau2 86.8%
AIME 2025 78.3%
AA-Index 61%
BrowseComp 44%
BrowseComp-zh 48.5%
Humanity's Last Exam 12.5%
IF 72%
Multi-SWE-Bench 36.2%
SWE-bench Multilingual 56.5%
Tau2 Telecom 87%
Tau-bench 77.2%
Terminal-Bench 46.3%
Arena Chat 22.7
Arena Coding 9.8

Data: Artificial Analysis · Updated: April 2, 2026

Frequently Asked Questions (15)

When was MiniMax-M2 released?
MiniMax-M2 was released on October 26, 2025.
Who created MiniMax-M2?
MiniMax-M2 was created by MiniMax.
How intelligent is MiniMax-M2?
MiniMax-M2 scores 36 on the Artificial Analysis Intelligence Index, placing it well above average among other open weight models of similar size (median: 27).
How fast is MiniMax-M2?
MiniMax-M2 generates output at 49.9 tokens per second (based on MiniMax's API), which is below average compared to other open weight models of similar size (median: 52.4 t/s).
What is the latency of MiniMax-M2?
MiniMax-M2 has a time to first token (TTFT) of 1.94s (based on MiniMax's API), which is better than average compared to other open weight models of similar size (median: 2.14s).
How much does MiniMax-M2 cost?
MiniMax-M2 costs $0.30 per 1M input tokens (very competitive, median: $0.60) and $1.20 per 1M output tokens (very competitive, median: $2.20), based on MiniMax's API.
What is MiniMax-M2 API pricing?
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 (3:1 input to output ratio), this is $0.53 per 1M tokens. Pricing may vary by provider.
How verbose is MiniMax-M2?
When evaluated on the Intelligence Index, MiniMax-M2 generated 70M output tokens, which is at the higher end compared to other open weight models of similar size (median: 17M).
Is MiniMax-M2 a reasoning model?
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.
What input modalities does MiniMax-M2 support?
MiniMax-M2 supports text input.
What output modalities does MiniMax-M2 support?
MiniMax-M2 supports text output.
Can MiniMax-M2 process images?
No, MiniMax-M2 does not support image input. It can only process text.
Is MiniMax-M2 multimodal?
No, MiniMax-M2 is not multimodal. It only supports text input.
What is the context window of MiniMax-M2?
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.
Is MiniMax-M2 open source?
Yes, MiniMax-M2 is open weights. The model weights are publicly available and can be downloaded for self-hosting.