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GLM 4.5 Air vs MiniMax M2 (Comparative Analysis)

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Comparative Analysis: GLM 4.5 Air vs. MiniMax M2
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Overview

GLM 4.5 Air was released 3 months before MiniMax M2.
GLM 4.5 AirGLM 4.5 Air
MiniMax M2MiniMax M2
Model Provider
The organization behind this AI's development
Z.AI logoZ.AI
MiniMax logoMiniMax
Input Context Window
Maximum input tokens this model can process at once
131.1K
tokens
204.8K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
98.3K
tokens
131.1K
tokens
Release Date
When this model first became publicly available
July 25th, 2025
October 23rd, 2025
Knowledge Cutoff
Latest training-data date reported by the provider
December 31, 2024
Not reported

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
GLM 4.5 Air
MiniMax M2
Input Types
Supported input formats
📝Text
📝Text
Reasoning Controls
Defaults and configurable reasoning effort
Optional
Always enabled
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
OtherOther
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

GLM 4.5 Air is roughly 0.5x less expensive compared to MiniMax M2 for input tokens and roughly 0.8x less expensive for output tokens.
GLM 4.5 AirGLM 4.5 Air
MiniMax M2MiniMax M2
Input Token Cost
Cost per million input tokens
$0.13
per million tokens
$0.26
per million tokens
Output Token Cost
Cost per million output tokens
$0.85
per million tokens
$1.02
per million tokens
Cache Read Cost
Cost to reuse cached input tokens
$0.02
per million tokens
Not specified

Benchmarks

Compare relevant benchmarks between GLM 4.5 Air and MiniMax M2.
GLM 4.5 AirGLM 4.5 Air
MiniMax M2MiniMax M2
Best Design Arena Score
Highest human-preference Elo score across design arenas
1,222 Elo
(#42 in Data Viz (59.4% win rate))
1,175 Elo
(#60 in Game Dev (48.1% win rate))

At a Glance

Quick overview of what makes GLM 4.5 Air and MiniMax M2 unique.
Z.AI logoGLM 4.5 Air by Z.AI can use external tools and APIs, offers advanced reasoning. It can handle standard conversations with its 131.1K token context window. Very affordable at $0.13/M input and $0.85/M output tokens. Released July 25th, 2025.
MiniMax logoMiniMax M2 by MiniMax can use external tools and APIs, offers advanced reasoning, generates structured data. It can handle standard conversations with its 204.8K token context window. Very affordable at $0.26/M input and $1.02/M output tokens. Released October 23rd, 2025.

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