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MiniMax-M3

MiniMaxReleased Jun 1, 2026Open weights · MiniMax Community Licenseminimax-m3

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Intelligence (Epoch)
147 · 49th of 111
Reasoning
yes
Knowledge cutoff
January 2026
Context
1M tokens
Max output
512k tokens
Input
text, image, video
API features
tools, structured outputs, JSON mode, seed, logprobs
MiniMax's API
yes, as MiniMax-M3

Read Oct 23, 06:00 UTC from the hosts' published offers and OpenRouter, spec sheet from MiniMax · cutoff: aiknowledgecutoff.com

Lowest input, per M$0.23at CoreWeave
Cheapest cache, per M$0.048at GMICloud
Fastest265 tok/sat CoreWeave, on OpenRouter
Providers12serve this version

The cheapest host, CoreWeave, serves fp4 weights (maker: bf16) and serves a 256K context (maker: 1M). Weights and context per host

Intelligence for the price

5 models score higher for the same price or less; it ranks 6 of the 38 models at its price or below.

100120140160180$0.10$1$10$100GPT-4o mini: 126 at $0.75gpt-oss-20b: 138 at $0.12GPT-4.1 mini: 135 at $2.00Gemini 3.6 Flash: 155 at $4.50Llama 3.3 70B: 127 at $0.42Llama 3.1 8B: 116 at $0.06gpt-oss-120b: 140 at $0.18DeepSeek Chat: 146 at $1.21DeepSeek R1: 139 at $2.65Llama 4 Scout: 130 at $0.40Llama 4 Maverick: 132 at $1.00Qwen 2.5 72B: 129 at $0.76Gemma 3 27B: 130 at $0.24DeepSeek V3.2: 146 at $0.52Kimi K2.6: 151 at $2.40GLM 5.2: 152 at $2.36Qwen3.8 27B: 152 at $1.29Gemini 3.8 Flash: 157 at $4.50Gemini 3.7 Flash: 158 at $4.50Gemini 3.5 Flash-Lite: 145 at $2.80DeepSeek V4 Pro 0813: 156 at $2.50DeepSeek V4.1 Flash: 156 at $0.47GLM-5.3: 156 at $2.36Grok 4.6: 157 at $8.00Grok 4.7: 154 at $8.00Grok 4.5: 154 at $8.00Claude Opus 5: 164 at $30.00Claude Opus 5.5: 169 at $24.00Claude Sonnet 5: 157 at $12.00Claude Fable 5: 163 at $60.00Claude Fable 5.1: 166 at $60.00GPT-6 Astra: 169 at $60.00GPT-6 Sol: 164 at $12.00GPT-6 Luna: 157 at $0.60GPT-5.6 Sol: 163 at $24.00GPT-5.6 Terra: 160 at $14.00GPT-5.6 Luna: 156 at $1.40DeepSeek V4 Flash 0731: 155 at $0.21GLM-5.3-Flash: 153 at $0.19Kimi K3: 158 at $11.35DeepSeek V4 Pro 0423: 149 at $2.40Kimi K2.7 Code: 150 at $3.71DeepSeek V4 Flash 0423: 146 at $0.21GLM 5.1: 150 at $4.00Gemma 4 31B: 143 at $0.38Qwen3 235B A22B Instruct 2507: 139 at $0.44Qwen3.6 35B A3B: 144 at $1.00MiniMax M2.7: 146 at $1.05Qwen3.5 397B A17B: 147 at $3.45GLM 5: 146 at $2.52Gemma 4 26B A4B: 142 at $0.26MiniMax M2.5: 147 at $1.22Qwen3.5-35B-A3B: 142 at $1.14Kimi K2.5: 148 at $2.70DeepSeek V3.1: 140 at $1.20Qwen3.6 27B: 146 at $2.25GLM 4.7: 144 at $2.15Qwen3.5 9B: 139 at $0.25Qwen3 30B A3B: 136 at $0.24Nemotron 3 Ultra: 146 at $2.70Mistral Nemo: 119 at $0.038Mistral Medium 3.5: 141 at $9.00DeepSeek V3.2 Exp: 145 at $0.34Qwen3 235B A22B Thinking 2507: 144 at $2.53Mistral Medium 3: 134 at $2.40Qwen3 14B: 138 at $0.32Llama 3.1 70B Instruct: 126 at $0.80Mixtral 8x22B Instruct: 122 at $8.00Kimi K2 Thinking: 146 at $3.10Qwen3 32B: 138 at $0.36DeepSeek V3: 132 at $1.21Inkling: 148 at $5.00Inkling Small: 150 at $1.65Qwen3 Max: 142 at $7.20Gemma 3 12B: 124 at $0.15Qwen3.8 Max: 157 at $8.00Qwen3.7 Max: 154 at $5.00Qwen3.7 Flash: 144 at $0.16Qwen3.7 Plus: 147 at $2.00Qwen3.5 Plus 2026-04-20: 146 at $2.80Qwen3.6 Flash: 143 at $1.75Qwen3.6 Max Preview: 149 at $9.10Qwen3.6 Plus: 147 at $3.50Qwen3.5-Flash: 144 at $0.50Qwen3 30B A3B Thinking 2507: 140 at $2.60Qwen3 8B: 136 at $0.88Mistral Small 3.1 24B: 128 at $0.91Gemma 3 4B: 116 at $0.09Phi 4: 130 at $0.21Qwen2.5 Coder 32B Instruct: 119 at $1.66Qwen2.5 7B Instruct: 119 at $0.30Command R+ (08-2024): 119 at $12.50Gemma 2 27B: 122 at $1.30Claude Sonnet 5.5: 166 at $12.00GPT-6.1 Sol: 168 at $12.00Gemini 4 Argon: 166 at $12.00Mistral Large 4: 150 at $5.54Claude Haiku 5.5: 159 at $0.60Muse Wonder: 162 at $24.00Muse Spark 1.3: 157 at $5.50Muse Spark Open: 155 at $5.50GPT-4.1: 137 at $10.00GPT-5.3 Codex: 157 at $15.75Claude Opus 4.1: 144 at $90.00Claude Sonnet 4.5: 147 at $18.00Claude Haiku 4.5: 142 at $6.00Gemini 2.5 Pro: 145 at $11.25Gemini 2.5 Flash: 141 at $2.80Gemini 3.1 Pro Preview: 155 at $14.00Gemini 3 Flash Preview: 152 at $3.50MiniMax-M3 · 147

Epoch Capabilities Index against the lowest input + output price per M, log scale · prices Oct 23. Score: Epoch AI, CC BY 4.0, 147 with an interval of 142 to 150.

Against its rivals

Its previous version, the best of its price range and the top score

Same level for 7.4× less: Qwen3.7 Flash at Alibaba, $0.16 per M input + output · their Epoch intervals overlap (144 against 147).

Bars: Epoch Capabilities Index (Epoch AI, CC BY 4.0), drawn from 100, below the lowest score in the catalogue · price: lowest input + output per M.

Speed by provider

Output speed of MiniMax-M3 at each host, fastest first

Speed: OpenRouter, median of the last 30 min, read Oct 23, 06:00 UTC · a snapshot of real traffic before the daily read, not a daily average · bars from zero.

Run it yourself

open weights, MiniMax Community License · too large for the 6 workstations in our guideSelf-host guide ›
Parameters
427B
23B active per token (MoE)
Memory needed
256 GB
in INT4 · 512 GB in INT8
Smallest cloud setup
4× H100
320 GB · $8.60/h, about $6,278 a month
Worth it above
5B tokens
a month, against the cheapest API at $1.19 per M
QuantizationMemorySmallest cloud GPUQuality
INT4 (Q4)256 GB4× H100 · $8.60/hsmallest footprint, minor quality loss
INT8 (Q8)512 GB8× H100 · $17.20/hnear-lossless
FP16 (full)1025 GBmulti-node, over 640 GBreference quality

At home: 256 GB in INT4 is beyond any desktop or Mac in our machines table, so it means a multi-GPU server.

Memory ≈ parameters × bytes per parameter × 1.2 · cloud price: on-demand rate, running 24/7 · builds: GGUF, AWQ, MLX, GPTQ, Ollama · break-even calculator

Sorted by cache price
ProviderInputOutputCache ↑tok/sFirst tokenUptime 24hChecked
GMICloudfp8 (bf16) · 1M ctx · 512K out−20%$0.24$0.96$0.048501.97 s99.9%Oct 23
CoreWeavefp4 (bf16) · 256K ctx (1M)$0.23$0.96$0.052650.26 s90.0%Oct 23
DeepInfrafp8 (bf16) · 512K ctx (1M) · 128K out$0.28$1.10$0.056281.59 s100%Oct 23
Venicefp8 (bf16) · 512K ctx (1M) · 64K out$0.30$1.20$0.06400.76 s98.4%Oct 23
Parasailfp8 (bf16) · 1M ctx · 512K out$0.30$1.20$0.061040.61 s100%Oct 23
AtlasCloudfp8 (bf16) · 524K ctx (1M)$0.30$1.20$0.061351.40 s98.8%Oct 23
Novita AIfp8 (bf16) · 1M ctx · 128K out$0.30$1.20$0.06———Oct 23
Minimaxfp8 (bf16) · 512K ctx (1M)$0.30$1.20$0.06761.20 s99.9%Oct 23
Together AIfp4 (bf16) · 512K ctx (1M)$0.30$1.20$0.06800.52 s99.7%Oct 23
Fireworks AI500K ctx (1M)$0.30$1.20$0.06———Sep 8
StreamLakefp8 (bf16) · 1M ctx · 500K out−50%$0.30$1.20$0.06502.32 s98.4%Oct 23
SambaNovaprecision not stated · 1M ctx$0.60$2.40$0.06553.22 s98.6%Oct 22

10 of 12 providers · prices per million tokens, read Oct 23, 06:00 UTC · speed: OpenRouter, median of the last 30 min, read Oct 23, 06:00 UTC · uptime: OpenRouter, last 24 h · −N%: a discount off the host's list price · under each host: weights precision, context and max output as served, the maker's value in brackets when the host's differs

ProviderWeightsContextMax outputToolsStructured outputsReasoning
CoreWeavefp4256Knot checked yetyesyesyes
GMICloudfp81M512Kyesnoyes
DeepInfrafp8512K128Kyesnoyes
Venicefp8512K64Kyesnoyes
Parasailfp81M512Kyesnoyes
AtlasCloudfp8524Knot read: host termsyesnoyes
Novita AIfp81M128Kyesnoyes
Minimaxfp8512Knot checked yetyesnoyes
Together AIfp4512Knot stated by the hostyesyesyes
Fireworks AInot checked yet500Knot checked yet———
StreamLakefp81M500Kyesnoyes
SambaNovanot stated by the host1Mnot stated by the hostyesnoyes

Weights, context and max output: read at each host's own catalogue or docs where its terms allow, otherwise as the host declares to OpenRouter; hover a cell for its source and date · tools, structured outputs, reasoning: as declared to OpenRouter · not verified by us

MiniMax-M3 spec sheet, field by field, with sources

MiniMax-M3 spec sheetmaker-declared

What MiniMax declares about the model itself — read from its own weights repository and documentation, not from any host. What each endpoint actually serves is in the pricing above: the two can differ, and both are true.

Context window
1,048,576 tokens
Parameters
427,040,140,160≈ 427.0B
Active experts
4 of 128 active per token
Weight precision
bfloat16
License
MiniMax Community License — open weights, conditionalcurated · read 2026-09-07Scope: the licence on the published weights, and nothing else. It is not the maker's acceptable-use policy, which is a separate document, and it is not the contract you sign with whichever host you call — hosts set their own terms, which this index does not read.
Knowledge cutoff
not published by the maker≈ January 2026 third-party estimate — not the maker's figurecurated
Modalities
text · image · video
Max output (official)
to verify
Release date
to verify≈ June 1, 2026 third-party catalogue — not the maker's figure
Maker lifecycle status
to verify

Also declared in the weights

Architecture class
MiniMaxM3SparseForConditionalGeneration
Layers
60
Vocabulary
200,064 tokens
Weights first published
June 2, 2026
Weights last updated
July 23, 2026

MiniMaxAI/MiniMax-M3 · config.json @ f0e1c1e · read 2026-10-08 · 6 of 10 fields published by the maker

DateProviderInputOutputChange
Oct 22DeepInfra$0.22 → $0.28$0.88 → $1.10+25%
Oct 16DeepInfra$0.28 → $0.22$1.10 → $0.88−20%
Sep 10GMICloud$0.60 → $0.24$2.40 → $0.96−60%

Every published change of input or output price, newest first · change on input + output · full series: pricing-history.csv.

ProviderChatbot 1,000 in / 500 outRAG / long context 8,000 in / 500 outBatch summarize 4,000 in / 1,000 out
CoreWeave$0.71$2.32$1.88
GMICloud$0.72$2.40$1.92
DeepInfra$0.83$2.79$2.22
Venice$0.90$3.00$2.40
Parasail$0.90$3.00$2.40
AtlasCloud$0.90$3.00$2.40
Novita AI$0.90$3.00$2.40
Minimax$0.90$3.00$2.40
Together AI$0.90$3.00$2.40
Fireworks AI$0.90$3.00$2.40
StreamLake$0.90$3.00$2.40
SambaNova$1.80$6.00$4.80

What each host bills for 1,000 requests of a representative job

Your own workload

    Other MiniMax models · all its models, hosts and history ›