MiniMax launches cheaper M3.1 Flash AI model, cutting prices
Whether agent bills actually fall by 70 percent remains unclear.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
MiniMax released its M3.1 Flash model on Monday, reporting a 13-point gain over its predecessor to 42 on the Artificial Analysis Intelligence Index at half the cost. It also reached 73.7 percent on the DeepSWE v1.1 coding benchmark for under $0.30 per task. The company said the release cuts agent costs by 70 percent, though per-token prices fell by half and the rest depends on undisclosed measurements.
Why it matters
Whether agent bills actually fall by 70 percent remains unclear.
Coverage
- China's MiniMax unveils M3.1 Flash, cuts AI agent costs 70 percent (Jae-won Choi)
- MiniMax just halved its token prices. Your AI agent bill may not follow. (thenewstack.io)
- MiniMax M3.1 Flash shows China's AI price race has no floor in sight (the-decoder.com)
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