MiniMax M3 Model Specs, Costs & Benchmarks (July 2026)
MiniMax M3, developed by MiniMax, features a context window of 1M tokens. The model costs $0.30 per million tokens for input and $1.20 per million tokens for output. It was released on May 31, 2026, and has achieved impressive scores in various benchmarks.
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Overview
 MiniMax M3 | |
|---|---|
Model Provider The organization behind this AI's development | MiniMax |
Input Context Window Maximum input tokens this model can process at once | 1M tokens |
Output Token Limit Maximum output tokens this model can generate at once | 512K tokens |
Release Date When this model first became publicly available | May 31, 2026 1 month ago May 31st, 2026 |
Pricing
| MiniMax M3 | |
|---|---|
Input Token Cost Cost per million input tokens | $0.30 per million tokens |
Output Token Cost Cost per million output tokens | $1.20 per million tokens |
Cache Read Cost Cost to reuse cached input tokens | $0.06 per million tokens |
Capabilities & Features
| MiniMax M3 | |
|---|---|
Input Types Supported input formats | textimagevideo |
Output Types Supported output formats | text |
Tokenizer Text encoding system | Other |
Key Features Advanced capabilities | ✓ Function Calling✓ Structured Output✓ Reasoning Mode |
Reasoning Controls Defaults and configurable reasoning effort | Optional |
Open Source Model availability |
Benchmarks
| MiniMax M3 | |
|---|---|
Intelligence Index Overall model quality across independent evaluations | 44.4 (Artificial Analysis index; higher is better) |
Coding Index Programming performance across independent evaluations | 58.6 (Artificial Analysis index; higher is better) |
Agentic Index Ability to complete multi-step agentic tasks | 35.4 (Artificial Analysis index; higher is better) |
Best Design Arena Score Highest human-preference Elo score across design arenas | 1,285 Elo (#19 in Code Categories (54.6% win rate)) |
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