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Big news in enterprise AI broke over the weekend as Chinese AI startup MiniMax released its highly anticipated M3 large language model on Sunday evening Eastern time, pairing frontier-tier coding and agentic performance with a 1-million-token context window and native multimodality for a fraction of the cost of leading proprietary models, with pricing starting at just $20 per month under its new subscription token plans..
The company's leadership also announced plans to deliver the model under an open source license including "open weights," allowing for full enterprise downloading and customizability free-of-charge, coming sometime in the next 10 days..
For now, it is available via the MiniMax API at a special discounted price of $0.3 per 1 million input tokens and $1.20 per million output tokens (on fresh cache) for the next week — beating proprietary U.S..
giants like Google, OpenAI and Anthropic handily on cost, while also eclipsing the performance of the latest models from the former two on selected benchmarks.Even at its full price of $0.6/$2.40 per million input/output tokens, MiniMax-M3 remains at just 8-20% the cost of the leading, proprietary U.S..
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