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Oct 19, 2026

MiniMax releases M3.1 Flash AI model at $0.15 per million tokens with major performance gains

Chinese AI company MiniMax launched M3.1 Flash, a 428B parameter reasoning model that scores 42 on the Artificial Analysis Intelligence Index—13 points higher than its predecessor—at less than half the cost. The model is priced at $0.15 per million input tokens and achieves 73.7% on coding benchmarks, matching DeepSeek V4.1 Flash performance.

Oct 19, 2026·3 sources
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Top claims

  • ▪MiniMax M3.1 Flash API pricing is set at $0.15 per million input tokens and $0.60 per million output tokens, with cached input reads priced at $0.015 per million tokens.
  • ▪Artificial Analysis reported that DeepSeek V4.1 Flash-1017 generated approximately 224 million output tokens during its Intelligence Index evaluation.
  • ▪MiniMax reported that MiniMax M3.1 Flash reduces overall usage costs for AI agents by 70 percent compared to MiniMax M3.

Subtopics

AI benchmarks1AI capabilities1AI Models1Chinese AI models1Coding & software engineering1Fast reasoning models1

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