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GPT-5.4 vs MiniMax-01 (Comparative Analysis)

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Comparative Analysis: GPT-5.4 vs. MiniMax-01
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Overview

MiniMax-01 was released 1 year before GPT-5.4.
GPT-5.4GPT-5.4
MiniMax-01MiniMax-01
Model Provider
The organization behind this AI's development
OpenAI logoOpenAI
MiniMax logoMiniMax
Input Context Window
Maximum input tokens this model can process at once
1.1M
tokens
1M
tokens
Output Token Limit
Maximum output tokens this model can generate at once
128K
tokens
1M
tokens
Release Date
When this model first became publicly available
March 5th, 2026
January 15th, 2025
Knowledge Cutoff
Latest training-data date reported by the provider
Not reported
March 31, 2024

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
GPT-5.4
MiniMax-01
Input Types
Supported input formats
📝Text🖼️Image📁File
📝Text🖼️Image
Reasoning Controls
Defaults and configurable reasoning effort
OptionalEffort: Extra High, High, Medium, Low, NoneDefault: Medium
Not reported
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
GPTOther
Key Features
Advanced capabilities
Function CallingStructured OutputReasoning ModeContent Moderation
Function CallingStructured OutputReasoning ModeContent Moderation
Open Source
Model availability
ProprietaryAvailable on HuggingFace →

Pricing

GPT-5.4 is roughly 12.5x more expensive compared to MiniMax-01 for input tokens and roughly 13.6x more expensive for output tokens.
GPT-5.4GPT-5.4
MiniMax-01MiniMax-01
Short Context Pricing
Base rates before a long-context threshold applies
Input Token Cost
Cost per million input tokens
$2.50
per million tokens
$0.20
per million tokens
Output Token Cost
Cost per million output tokens
$15.00
per million tokens
$1.10
per million tokens
Web Search Cost
Additional cost for each web search operation
$0.01
per search
Not specified
Cache Read Cost
Cost to reuse cached input tokens
$0.25
per million tokens
Not specified
Long Context Pricing
Rates for prompts with 272,000 or more tokens
Input Token Cost
Long-context input cost per million tokens
$5.00
per million tokens
Not specified
Output Token Cost
Long-context output cost per million tokens
$22.50
per million tokens
Not specified
Cache Read Cost
Long-context cache read cost per million tokens
$0.50
per million tokens
Not specified

Benchmarks

Compare relevant benchmarks between GPT-5.4 and MiniMax-01.
GPT-5.4GPT-5.4
MiniMax-01MiniMax-01
Intelligence Index
Overall model quality across independent evaluations
51.4
(Artificial Analysis index; higher is better)
Benchmark not available.
Coding Index
Programming performance across independent evaluations
71.1
(Artificial Analysis index; higher is better)
Benchmark not available.
Agentic Index
Ability to complete multi-step agentic tasks
41.1
(Artificial Analysis index; higher is better)
Benchmark not available.
Best Design Arena Score
Highest human-preference Elo score across design arenas
1,295 Elo
(#19 in Game Dev (57.6% win rate))
Benchmark not available.

At a Glance

Quick overview of what makes GPT-5.4 and MiniMax-01 unique.
OpenAI logoGPT-5.4 by OpenAI understands both text and images, can use external tools and APIs, offers advanced reasoning, generates structured data. It can handle standard conversations with its 1.1M token context window. Premium pricing at $2.50/M input and $15.00/M output tokens. Released March 5th, 2026.
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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