Mistral-Small-4-119B-2603 vs MiniMax M1

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

mistralai · A · Open weights
Params
119.4 B
Context
—
30d
69 K
apache-2.0 · commercial OK
minimax · B · API-only
Input / 1M
$0.55
Output / 1M
$2.20
AA index
11.7
proprietary · 1M context

Specification comparison

Differences are highlighted; identical values are muted.

Specification Mistral-Small-4-119B-2603 MiniMax M1
Deployment Open weights · also via API API-only (closed weights)
Parameters 119.4 B n/a — API-only
Architecture Mistral3ForConditionalGeneration n/a — API-only
Context length 262,144 1,000,000
Licence apache-2.0 Proprietary
Commercial use Allowed Per API terms
Languages 24 n/a — API-only
Downloads 30d 68,887 n/a — API-only
Downloads all time 698 K n/a — API-only
Quantizations on the Hub SAFETENSORS n/a — API-only
Gated No n/a — API-only
First seen on the Hub 2026-01-23 n/a — API-only
API input price / 1M tokens $0.15 $0.55
API output price / 1M tokens $0.60 $2.20
Est. cost per 1M input + 1M output tokens $0.75 $2.75
Cached input / 1M tokens $0.015 —
AA Intelligence Index 11.3 11.7
AA Coding Index 26.6 —
AA Agentic Index 0.8 —
Max output tokens 209,715 40,000
API providers 1 2
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

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

Mistral-Small-4-119B-2603 $0.75
MiniMax M1 $2.75

Mistral-Small-4-119B-2603 is 3.7× cheaper at list price.

VRAM side by side

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

Mistral-Small-4-119B-2603 · fp16 284.4 GB / 24 GB
❌ Won’t fit

Adjacent comparisons