MiniMax

MiniMax M2

205K ctxText Tools Reasoning

Released Oct 27, 2025 · 79B tokens this week · 3 providers

Overview

A compact mixture-of-experts aimed squarely at coding agents and multi-step tool use. Fast and cheap enough to run long agent loops without watching the meter. Punches above its weight on end-to-end task completion.

agentsprogrammingreasoning

Providers

Reference data — not yet measured from live traffic

PROVIDER		MAX OUT		OUTPUT /M				QUANT
Novita AICheapest	205K	33K	$0.30	$1.20	560ms	96	98.40%	fp8
Together AI	205K	33K	$0.33	$1.32	195ms	125	99.30%	Full
Fireworks AI	205K	33K	$0.34	$1.38	480ms	138	99.40%	Full

Latency p50 reflects a provider’s API endpoint responsiveness — the round-trip to its API, not per-token inference time. These figures, with throughput and uptime, are reference data until the gateway aggregates its own traffic.

Price comparison

Blended $ per 1M tokens

DeepSeek V3.2$0.37

MiniMax M2$0.97

Gemini 3 Flash$1.95

GPT-5.2$10.94

Claude Sonnet 4.5$12.00

Blended rate per 1M tokens, weighted one part prompt to three parts completion — roughly the shape of a chat workload. Your mix will move the number.

Call it

OpenAI-compatible — swap the base URL and go

curl https://model.cards/api/v1/chat/completions \
  -H "Authorization: Bearer $MODELCARDS_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "model": "minimax/minimax-m2",
    "messages": [
      { "role": "user", "content": "Summarize the tradeoffs of speculative decoding." }
    ]
  }'