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DeepSeek V3 0324 vs MiniMax-01 (Comparative Analysis)

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Comparative Analysis: DeepSeek V3 0324 vs. MiniMax-01
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Overview

MiniMax-01 was released 2 months before DeepSeek V3 0324.
DeepSeek V3 0324DeepSeek V3 0324
MiniMax-01MiniMax-01
Model Provider
The organization behind this AI's development
DeepSeek logoDeepSeek
MiniMax logoMiniMax
Input Context Window
Maximum input tokens this model can process at once
163.8K
tokens
1M
tokens
Output Token Limit
Maximum output tokens this model can generate at once
65.5K
tokens
1M
tokens
Release Date
When this model first became publicly available
March 24th, 2025
January 15th, 2025
Knowledge Cutoff
Latest training-data date reported by the provider
July 31, 2024
March 31, 2024

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
DeepSeek V3 0324
MiniMax-01
Input Types
Supported input formats
📝Text
📝Text🖼️Image
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
DeepSeekOther
Key Features
Advanced capabilities
Function CallingStructured OutputReasoning ModeContent Moderation
Function CallingStructured OutputReasoning ModeContent Moderation
Open Source
Model availability
Available on HuggingFace →Available on HuggingFace →

Pricing

DeepSeek V3 0324 is roughly 1.4x more expensive compared to MiniMax-01 for input tokens and roughly 1.0x more expensive for output tokens.
DeepSeek V3 0324DeepSeek V3 0324
MiniMax-01MiniMax-01
Input Token Cost
Cost per million input tokens
$0.27
per million tokens
$0.20
per million tokens
Output Token Cost
Cost per million output tokens
$1.12
per million tokens
$1.10
per million tokens
Cache Read Cost
Cost to reuse cached input tokens
$0.14
per million tokens
Not specified

Benchmarks

Compare relevant benchmarks between DeepSeek V3 0324 and MiniMax-01.
DeepSeek V3 0324DeepSeek V3 0324
MiniMax-01MiniMax-01
Intelligence Index
Overall model quality across independent evaluations
15.4
(Artificial Analysis index; higher is better)
Benchmark not available.
Coding Index
Programming performance across independent evaluations
21.2
(Artificial Analysis index; higher is better)
Benchmark not available.
Agentic Index
Ability to complete multi-step agentic tasks
1.5
(Artificial Analysis index; higher is better)
Benchmark not available.

At a Glance

Quick overview of what makes DeepSeek V3 0324 and MiniMax-01 unique.
DeepSeek logoDeepSeek V3 0324 by DeepSeek can use external tools and APIs, generates structured data. It can handle standard conversations with its 163.8K token context window. Very affordable at $0.27/M input and $1.12/M output tokens. Released March 24th, 2025.
MiniMax logoMiniMax-01 by MiniMax understands both text and images. It can handle standard conversations with its 1M token context window. Very affordable at $0.20/M input and $1.10/M output tokens. Released January 15th, 2025.

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