MiniMax-M2

by MiniMax · Minimax family · released Oct 27, 2025
Open weights Active

Efficient 10B-active agentic model.

Pricing

Launch price (from Oct 27, 2025)
$0.300 in / $1.20 out per 1M tokens
Current price (since Oct 27, 2025)
$0.300 in / $1.20 out per 1M tokens
Cache read: $0.060/M
TierEffectiveIn $/MOut $/MCache $/MPer imagePer secondSource
Standard Oct 27, 2025 – now $0.300 $1.20 $0.060 - - -

Specifications

Model typeText LLM
ArchitectureHybrid
Parameters230 (10 active)
Context window204.8K tokens
Max outputNot disclosed tokens
Knowledge cutoffSep 1, 2025
LicenseApache License 2.0
Modalities Text input Text output
Tags Agentic Reasoning Small LM
End of lifeNot disclosed
Last verifiedAug 20, 2026