FULL STORY

MiniMax M3.1-Flash: From Teaser to Launch

MiniMax teased M3.1-Flash with a Space Bunny hint, then launched it the same day at one-third the cost and triple the speed of M3, with open-sourcing set for October 23.

2026-10-19 ~ 2026-10-19 · 2 episodes · 19 posts

Episode 1 · MiniMax Teases Return of "Space Bunny" with Upcoming M3.1-Flash Model (2026-10-19, 3 posts)

MiniMax's official X account announced the return of "Space Bunny" with the upcoming release of the MiniMax-M3.1-Flash model, accompanied by a 24-second rocket-launch themed teaser video, drawing wide community attention.

Episode 2 · MiniMax launches M3.1 Flash: Space Bunny revealed, $0.15 pricing with open weights on Oct 23 (2026-10-19, 16 posts)

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.

Confirmed

  • Official benchmark results: Cowork Automation-Bench 62% (per m6, beating Opus 5's 50.3% and GPT-5.6 Sol's 45.8%), DeepSWE coding 74%, visual reasoning BabyVision (with tools) 91.0, CharXiv RQ 82.5, HLE 48%, AutomationBench-AA 72.5% (top among open-source models in launch comparisons)
  • vLLM offers Day-0 support and disclosed serving-stack optimizations: MiniMax Sparse Attention (MSA) natively uses NVFP4 attention, with sparse attention delivering up to 1.7x speedups; in partnership with Inferact, Indexer DCP shards context across multiple GPUs, speeding up 512K-context serving by 3.3x and cutting TTFT by a further 19%
  • testingcatalog reports MiniMax also launched H3, a new-generation open-source general multimodal video model, around the same time

Unconfirmed

  • teortaxesTex's analysis suggests M3.1 Flash may be even smaller than V4.1, and notes DeepSeek V4.1F's active parameter count hit a series low, speculating that compute scarcity is shrinking model sizes—these benchmarks and analysis are not officially verified

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.