Head-to-head · multimodal vs multimodal

MiniMax-M2 Chat vs MiniMax-M2 Instruct: which model should you choose?

We compared MiniMax-M2 Chat and MiniMax-M2 Instruct on price, context window and 12 benchmarks. MiniMax-M2 Chat has the stronger average benchmark score; MiniMax-M2 Chat is cheaper on a blended 3:1 basis.

MiniMax

MiniMax-M2 Chat

MiniMax-M2 Chat is a multimodal model from MiniMax. It offers a 200,000-token context window, costs $5.02 per million input tokens and $18.95 per million output tokens, and averages 80.2 across the index's benchmark suite.

Input
$5.02 / 1M
Output
$18.95 / 1M
Context
200,000
Avg score
80.2
Open weights
Yes
Full MiniMax-M2 Chat page
MiniMax

MiniMax-M2 Instruct

MiniMax-M2 Instruct is a multimodal model from MiniMax. It offers a 128,000-token context window, costs $5.11 per million input tokens and $25.04 per million output tokens, and averages 79.4 across the index's benchmark suite.

Input
$5.11 / 1M
Output
$25.04 / 1M
Context
128,000
Avg score
79.4
Open weights
Yes
Full MiniMax-M2 Instruct page

Specification comparison

SpecMiniMax-M2 ChatMiniMax-M2 InstructEdge
Input price / 1M$5.02$5.11A
Output price / 1M$18.95$25.04A
Context window200,000128,000A
Max output8,1924,096A
Average score80.279.4A
Arena Elo1443.01442.2A
Open weightsYesYesTie

Benchmark comparison

MiniMax-M2 Chat wins 8, MiniMax-M2 Instruct wins 4, and 0 benchmarks are tied. The table shows the modelled score for each model and the gap.

BenchmarkMiniMax-M2 ChatMiniMax-M2 InstructGapWinner
MMLU-Pro84.382.12.2MiniMax-M2 Chat
GPQA Diamond77.873.74.1MiniMax-M2 Chat
SWE-bench Verified66.469.93.5MiniMax-M2 Instruct
HumanEval84.286.72.5MiniMax-M2 Instruct
MATH-50086.082.13.9MiniMax-M2 Chat
AIME 202578.377.80.5MiniMax-M2 Chat
LiveCodeBench70.471.10.7MiniMax-M2 Instruct
IFEval88.087.30.7MiniMax-M2 Chat
TruthfulQA80.380.00.3MiniMax-M2 Chat
HellaSwag87.888.50.7MiniMax-M2 Instruct
MMMU79.274.15.1MiniMax-M2 Chat
Arena Elo1443.01442.20.8MiniMax-M2 Chat

Price analysis

On a blended 3:1 input-to-output basis, MiniMax-M2 Chat costs about $8.50 per million tokens and MiniMax-M2 Instruct costs about $10.09. MiniMax-M2 Chat is roughly 16% cheaper than MiniMax-M2 Instruct. At high volume, that gap compounds quickly, so price should carry real weight unless the quality difference is decisive.

MiniMax-M2 Chat has the larger context window at 200,000 tokens, compared with 128,000 for MiniMax-M2 Instruct. That matters for long documents, large codebases and multi-step agent traces.

Verdict

Across 12 shared benchmarks, MiniMax-M2 Chat wins 8, MiniMax-M2 Instruct wins 4, and 0 are tied. On the index average, MiniMax-M2 Chat leads MiniMax-M2 Instruct by 0.8 points (80.2 versus 79.4).

The price picture favours MiniMax-M2 Chat. The context picture favours MiniMax-M2 Chat. Those two dimensions often matter more than a few benchmark points once a model is good enough for the task.

If you need a single default, start with MiniMax-M2 Chat for quality-sensitive work, and check whether its price holds at your expected volume before committing.

Choose MiniMax-M2 Chat if

  • You want the higher average benchmark score in this index.
  • Unit cost matters and you want the cheaper blended price.
  • You need the larger 200,000-token context window.
  • You need the larger 8,192-token output limit.

Choose MiniMax-M2 Instruct if

  • You prefer MiniMax's tooling or already use it.

FAQ

Is MiniMax-M2 Chat better than MiniMax-M2 Instruct?

On the index average, MiniMax-M2 Chat leads MiniMax-M2 Instruct by 0.8 points (80.2 versus 79.4). The better choice depends on price, context and your task. MiniMax-M2 Chat wins 8 benchmarks, MiniMax-M2 Instruct wins 4.

Which is cheaper, MiniMax-M2 Chat or MiniMax-M2 Instruct?

MiniMax-M2 Chat is cheaper on a blended 3:1 basis at about $8.50 per million tokens, versus $10.09 for MiniMax-M2 Instruct.

Which has the larger context window?

MiniMax-M2 Chat has the larger context window at 200,000 tokens. MiniMax-M2 Instruct has 128,000 tokens.

Are these models open weights?

MiniMax-M2 Chat is open weights; MiniMax-M2 Instruct is open weights.

Which should I choose for production?

If you need a single default, start with MiniMax-M2 Chat for quality-sensitive work, and check whether its price holds at your expected volume before committing.

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