MiniMax-M2.5 vs GPT-5.1-Codex

API pricing, benchmark indices and specs — updated 19 October 2026.

MiniMaxAI · A · Open weights
Params
228.7 B
Context
196,608
30d
893 K
openai · B · API-only
Input / 1M
$1.25
Output / 1M
$10.00
AA index
23.7
proprietary · 400K context

Specification comparison

Differences are highlighted; identical values are muted.

Specification MiniMax-M2.5 GPT-5.1-Codex
Deployment Open weights · also via API API-only (closed weights)
Parameters 228.7 B n/a — API-only
Architecture MiniMaxM2ForCausalLM n/a — API-only
Context length 196,608 400,000
Licence other Proprietary
Commercial use Unknown Per API terms
Languages — n/a — API-only
Downloads 30d 893,342 n/a — API-only
Downloads all time 5.8 M n/a — API-only
Quantizations on the Hub SAFETENSORS n/a — API-only
Gated No n/a — API-only
First seen on the Hub 2026-02-12 n/a — API-only
API input price / 1M tokens $0.27 $1.25
API output price / 1M tokens $0.95 $10.00
Est. cost per 1M input + 1M output tokens $1.22 $11.25
Cached input / 1M tokens $0.03 $0.13
AA Intelligence Index 22.8 23.7
AA Coding Index — —
AA Agentic Index — —
Max output tokens 32,768 128,000
API providers 7 1
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

Estimated cost of 1M input + 1M output tokens via OpenRouter

MiniMax-M2.5 $1.22
GPT-5.1-Codex $11.25

MiniMax-M2.5 is 9.2× cheaper at list price.

VRAM side by side

On RTX 4090 · 24 GB · 8K context unless noted

MiniMax-M2.5 · fp16 @ 192K ctx 1,077.0 GB / 24 GB
❌ Won’t fit

Adjacent comparisons