Models Editor selected
MiniMax has launched MiniMax M3.1 Flash on its API, a multimodal mixture-of-experts model with 428B total parameters, about 23B active, and a 1,000,000-token context window. It is priced at a flat $0.15 per 1M input tokens and $0.60 per 1M output tokens, half of M3's standard per-token rate. MiniMax reports near-frontier agentic results, including a top Automation-Bench v1.0.6 score of 62.2, but weaker hard-coding results such as 38.1 on Terminal Bench 4.0. Weights are due October 23, 2026, with
Why it matters: It gives developers concrete pricing, context, benchmark and deployment details for a newly released low-cost agentic model, with vendor-reported figures clearly flagged.
MiniMaxMiniMax M3.1 Flashmixture-of-experts