MiniMaxLive

MiniMax M3.1 Flash

MiniMax's fast agent model, released October 19, 2026. Flat pricing of $0.15 in and $0.60 out per million tokens, with output speeds above 200 tokens a second.

Made by
MiniMax
Released
Type
Fast & cheap
Status
Live
How to get it
MiniMax API, M Plan and MiniMax Code; MiniMax says the weights will follow
Good for
Cheap agentsCodingComputer use

What it is

M3.1 Flash is MiniMax’s model for agents, coding and computer use, rolled out on October 19, 2026. Before launch, an early version ran anonymously under the name “Space Bunny” and processed more than 200 trillion tokens. MiniMax says it is close to three times faster than its earlier models, with typical output speeds of 170 to 200+ tokens a second.

What it costs

$0.15 per million input tokens and $0.60 per million output tokens, with cached input at $0.015. That makes it one of the cheapest capable models on this list. MiniMax is moving its older M2.5 and M2.7 plan users onto it automatically.

What it means for you

If speed and cost matter more than squeezing out the last bit of quality, for example a support bot or an agent that runs all day, M3.1 Flash is worth testing against bigger models on your own task.

Source for this release

Use cases this model is good for