Sunday, August 2, 2026 · No. 371Prices synced 5 hours ago
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The AI Model Price Index

MiniMax M3

by Weights & Biases · family minimax-m3 · listed Jun 2026RTVW

MiniMax M3 is a multimodal MoE model with 23B active parameters optimized for coding and agentic workflows.

Current rates USD per 1M tokens

Input$0.23
Output$0.96
Cache read$0.05
Cache write

Against the market

Input price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.14 per 1M tokens$0.14MiniMax M3MiniMax M3: $0.23 per 1M tokens$0.23Gemini 3.5 Flash LiteGemini 3.5 Flash Lite: $0.30 per 1M tokens$0.30Qwen3.7 PlusQwen3.7 Plus: $0.50 per 1M tokens$0.50Mistral Medium (latest)Mistral Medium (latest): $1.50 per 1M tokens$1.50Grok 4.5Grok 4.5: $2.00 per 1M tokens$2.00Claude Opus 5Claude Opus 5: $5.00 per 1M tokens$5.00GPT-5.6 SolGPT-5.6 Sol: $5.00 per 1M tokens$5.00
Output price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.28 per 1M tokens$0.28MiniMax M3MiniMax M3: $0.96 per 1M tokens$0.96Gemini 3.5 Flash LiteGemini 3.5 Flash Lite: $2.50 per 1M tokens$2.50Qwen3.7 PlusQwen3.7 Plus: $3.00 per 1M tokens$3.00Grok 4.5Grok 4.5: $6.00 per 1M tokens$6.00Mistral Medium (latest)Mistral Medium (latest): $7.50 per 1M tokens$7.50Claude Opus 5Claude Opus 5: $25.00 per 1M tokens$25.00GPT-5.6 SolGPT-5.6 Sol: $30.00 per 1M tokens$30.00

On the record

Model id
MiniMaxAI/MiniMax-M3
Context window
262K tokens
Max output
262K tokens
Input modalities
text, image
Output modalities
text
Reasoning
yes
Tool calls
yes
Open weights
yes
Knowledge cutoff
Released
2026-06-12
Last updated
2026-06-12

Back of the envelope

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