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MiniMax-01 vs Mistral Small 3.1 24B (Comparative Analysis)

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Comparative Analysis: MiniMax-01 vs. Mistral Small 3.1 24B
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Overview

MiniMax-01 was released 2 months before Mistral Small 3.1 24B.
MiniMax-01MiniMax-01
Mistral Small 3.1 24BMistral Small 3.1 24B
Model Provider
The organization behind this AI's development
MiniMax logoMiniMax
Mistral logoMistral
Input Context Window
Maximum input tokens this model can process at once
1M
tokens
128K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
1M
tokens
128K
tokens
Release Date
When this model first became publicly available
January 15th, 2025
March 17th, 2025
Knowledge Cutoff
Latest training-data date reported by the provider
March 31, 2024
October 31, 2023

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
MiniMax-01
Mistral Small 3.1 24B
Input Types
Supported input formats
📝Text🖼️Image
📝Text🖼️Image
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
OtherMistral
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

MiniMax-01 is roughly 0.6x less expensive compared to Mistral Small 3.1 24B for input tokens and roughly 2.0x more expensive for output tokens.
MiniMax-01MiniMax-01
Mistral Small 3.1 24BMistral Small 3.1 24B
Input Token Cost
Cost per million input tokens
$0.20
per million tokens
$0.35
per million tokens
Output Token Cost
Cost per million output tokens
$1.10
per million tokens
$0.55
per million tokens

At a Glance

Quick overview of what makes MiniMax-01 and Mistral Small 3.1 24B unique.
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.
Mistral logoMistral Small 3.1 24B by Mistral understands both text and images. It can handle standard conversations with its 128K token context window. Very affordable at $0.35/M input and $0.55/M output tokens. Released March 17th, 2025.

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