Chinese AI company MiniMax has released its new model MiniMax M3, which scored 1,531 Elo to take 7th place in Arena.ai's Code Arena: Frontend and shifted the price-performance Pareto frontier in its class. Released around June 1, 2026, it is priced at $0.60 per million input tokens and $2.40 per million output tokens, drawing ratings on par with the top-tier GLM-5.1. It also placed 14th in Document Arena, with strong price efficiency standing out in both cases.
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