MiniMax launches M3.1 Flash: 3x faster at 1/3 the cost, weights open-sourcing Oct 23

MiniMax officially released M3.1 Flash on October 19, positioning it as "frontier intelligence at extreme value": one-third the cost of M3, 3x faster, with a flat API price of $0.15, a 1M-token context window, adjustable thinking depth, and model weights set to be open-sourced on October 23. The company confirmed that the mysterious model "Space Bunny"—which topped multiple global leaderboards and processed over 200T tokens—was in fact an early version of M3.1 Flash.

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Unconfirmed

Why it matters

With flat $0.15 pricing and an open-source commitment, M3.1 Flash is taking aim at the cost-effective agentic model market, with multi-step automation benchmark scores reportedly overtaking closed-source flagships. If the industry thesis that "compute shortages are forcing models to slim down" holds, small-but-mighty could become the dominant theme of the next phase of model competition.

2026-10-19 ~ 2026-10-20 · 25 related posts

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