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MiniMax-M3

MiniMax's open-weight model from June 2026 with a 1M-token context window, text and image input, and low per-token prices. It now trails the newer open models on most tests but remains one of the cheapest options here.

MiniMaxLanguage modelReleased June 2026Data checked October 18, 2026

This model is not in the current people's rankings: it is either new and still collecting votes, or ranked below the top 12. See the AI leaderboard for the models people rate highest.

On paper

Fixed-test rankings from the benchmarks tab: Speed #10 (tied), Reasoning #20.

Strengths and weaknesses

  • Low price ($0.30 / $1.20 per million tokens for prompts up to 512K tokens)
  • Strong instruction following (82.9% on IFBench as measured by Artificial Analysis)
  • Open weights on Hugging Face
  • Low Artificial Analysis Intelligence Index (29.2) and a near-zero Terminal-Bench 4.0 score (2.0% as run by Artificial Analysis)
  • Uses a custom MiniMax community license rather than a standard open-source license

Best for

  • Cheap long-context tasks
  • Following detailed instructions

Every score we have

Each bar compares this model with the best result any model on this page has on the same test.

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