FRONTIER LAB / LLM · WORTH A LOOK
MiniMax
Multi-modal model company: MiniMax M3 LLM, H3 video, Speech 2.8, Music 3.0, plus Agent and Design apps.
What MiniMax does
Multi-modal model company: MiniMax M3 LLM, H3 video, Speech 2.8, Music 3.0, plus Agent and Design apps. Builds frontier coding/agentic LLMs (M3, 1M context) and media models, which it sells through an API and products: MiniMax Code/Agent (@MiniMaxAgent), MiniMax Design/Hailuo (@Hailuo_AI) and Talkie. Says it has over 200M users.
Good for
- Low-cost LLM API for agents and coding
- AI video (H3) for ads
- Voice and music generation for content
Try this in 10 minutes
- Low-cost LLM API for agents and coding. Pick one real example from your own business and try just that.
- AI video (H3) for ads. Put the result next to how you do it today. Is it faster, cheaper or better?
- Voice and music generation for content. Note what you had to fix by hand before you'd show it to a customer.
Mini-tasks based on common small-business uses for this tool.
Honest take
Some claims not independently checked
- Its models also show up on fal/Together/OpenRouter; often cheaper than US models.
- Also covers @MiniMaxAgent and @Hailuo_AI (MiniMax Design).
Pricing
API pay-per-token (e.g. MiniMax-M3 $0.30 input / $1.20 output per M tokens at current 50% discount); app plans Unknown.
Prices as listed by the maker when we last checked (2026-10-23); usually in US dollars. Check the website for current prices.
Latest update
- 2026-10-23: MiniMax M3.1 Flash open weights released (428B total, 23B active)
- : MiniMax M3.1 Flash open weights released on Hugging Face and ModelScope (428B total, 23B active per token), aimed at agentic tasks, coding and cybersecurity (73.7% DeepSWE v1.1, 61.7 OSWorld V2, 82.2 CyberGym); day-0 support from Together AI, vLLM/Inferact, SGLang and NVIDIA NeMo fine-tuning.
- : MiniMax announced its next model, MiniMax-M3.1-Flash (nicknamed 'Space Bunny'), is coming; no release date, specs or pricing in the post yet.
- : Released MiniMax M3.1 Flash: 1M context, $0.15/$0.60 per M tokens; MiniMax claims ~3x faster and 70% cheaper agent tasks; Artificial Analysis Intelligence Index 42 but high hallucination rate.
Is MiniMax worth it? Quick answers
Is MiniMax worth it?
MiniMax is worth a look if it matches a job you already do (Frontier lab / LLM). Its models also show up on fal/Together/OpenRouter; often cheaper than US models. It is a paid tool, so test it on one real task before committing. Some of the maker's claims have not been independently checked.
How much does MiniMax cost?
API pay-per-token (e.g. MiniMax-M3 $0.30 input / $1.20 output per M tokens at current 50% discount); app plans Unknown.
What is MiniMax used for?
Multi-modal model company: MiniMax M3 LLM, H3 video, Speech 2.8, Music 3.0, plus Agent and Design apps. Typical uses: low-cost LLM API for agents and coding; AI video (H3) for ads; voice and music generation for content.