Models New
MiniMax releases M3.1 Flash and confirms the anonymous 'Space Bunny' model was an early version
Published:
MiniMax said on 19 October that it is rolling out M3.1 Flash through the MiniMax API, its M Plan subscription and its MiniMax Code app. The company said Space Bunny, a model that processed more than 200 trillion tokens while operating anonymously, was an early version of M3.1 Flash. MiniMax said model weights will be released later, and that a larger Pro model will also arrive later.
MiniMax lists flat pricing of $0.15 per million input tokens, $0.60 per million output tokens and $0.015 per million cached input tokens. It claims online inference is nearly three times faster and agentic-task usage costs are 70% lower than its predecessor, with output speeds above 200 tokens per second and a median above 170.
In its own benchmark results, MiniMax reports 73.7% on DeepSWE v1.1, 61.7 on OSWorld V2, 29.6 on Agents' Last Exam, 76.2 on BankerToolBench and 82% on CyberGym.
MarkTechPost reports that MiniMax's product page lists 428 billion total parameters with about 23 billion active, a one-million-token context window and reasoning that cannot be switched off. It says the weights are due on 23 October under a license not yet disclosed, and that MiniMax's comparison table puts the model at 38.1 on Terminal Bench 4.0.
Caveat. All benchmark numbers are vendor-reported; this edition found no independent replication. The 23 October weights date comes from MarkTechPost, while MiniMax's announcement says only 'later'.
Sources