Compare / MiniMax M2 vs Mistral Medium 3

MiniMax M2 vs Mistral Medium 3

Which is cheaper, which is more capable, and which does better at each kind of work, from 16 results on 3 sources that measured both models.

MiniMax M2
MiniMax · profile
Mistral Medium 3
Mistral · profile
Results compared
16
Shared sources
3

MiniMax M2 or Mistral Medium 3? The short answer

  • MiniMax M2 is cheaper: $0.52 against $0.80 per million tokens, 34% less.
  • MiniMax M2 scores higher on the Artificial Analysis Intelligence Index: 18.6 against 9.0.
  • On our business benchmarks, MiniMax M2 ranks higher for reasoning and knowledge.
  • On our business benchmarks, Mistral Medium 3 ranks higher for agents and tool use and writing.

At a glance

MiniMax M2Mistral Medium 3
Price per million tokens$0.30 in · $1.20 out$0.40 in · $2.00 out
Blended (3 in : 1 out)$0.52$0.80
Cheapest host, blended$0.45 (Minimax, FP8)$0.80 (Mistral)
Intelligence Index18.69.0
Spring Prompt overall––
Output speed, tokens a second––
Context window204,800 tokens131,072 tokens
WeightsOpenClosed
Developer based inChinaFrance

Prices are the developer's list price where we have read it, otherwise the typical host on OpenRouter; see every model's price. Intelligence and speed from Artificial Analysis.

Which is better for what

Each model's rank among models available today, for each kind of work, from our own benchmarks and licensed sources. The better rank is in green.

Use caseMiniMax M2Mistral Medium 3
Agents and tool useMulti-step tasks with tools: support desks, coding agents, function calls 149 of 161 81 of 161
Reasoning and knowledgeHard questions across science, maths and general knowledge 107 of 195 160 of 195
WritingWhat people prefer in blind comparisons, and judged writing quality 167 of 187 127 of 187
Sticking to the factsSummarising without inventing things, and factual answers 150 of 153 not measured

Every shared result

BenchmarkMetricMiniMax M2Mistral Medium 3
Arena (formerly LMArena)reportedBusiness, management and financeArena rating 1,3481,387
Arena (formerly LMArena)reportedCreative writingArena rating 1,2851,364
Arena (formerly LMArena)reportedExpert promptsArena rating 1,3501,379
Arena (formerly LMArena)reportedInstruction followingArena rating 1,3341,366
Arena (formerly LMArena)reportedOverallArena rating 1,3431,387
Arena (formerly LMArena)reportedWriting, literature and languageArena rating 1,2981,370
Artificial AnalysisreportedArtificial Analysis Intelligence Indexindex score 18.69.00
Artificial AnalysisreportedGPQA Diamond% of questions 77.7%57.8%
Artificial AnalysisreportedHumanity's Last Exam% of questions 13.7%4.1%
Artificial AnalysisreportedIFBench% of instructions 72.3%39.3%
Artificial AnalysisreportedLong-context reasoning (AA-LCR)% of questions 64.3%31.3%
Artificial AnalysisreportedTerminal-Bench Hard% of tasks 25.8%3.8%
Artificial AnalysisreportedΤ²-bench telecom% of tasks 86.8%24.3%
UGI LeaderboardreportedRequested-length error% off the requested word count 73.0%20.0%
UGI LeaderboardreportedStyle adherencescore from 0 to 1 0.360.35
UGI LeaderboardreportedWriting scorescore out of 100 17.232.6

Bold green marks the better value on that metric. Where a source reports ranges that overlap, the difference may not be meaningful; see the benchmark page for ranges.

Quick answers

Is MiniMax M2 better than Mistral Medium 3?

It depends on the task. Among models available today, on our benchmarks and licensed sources, MiniMax M2 ranks higher for reasoning and knowledge; Mistral Medium 3 ranks higher for agents and tool use and writing.

Which is cheaper, MiniMax M2 or Mistral Medium 3?

MiniMax M2 costs $0.52 per million tokens (three input to one output), against $0.80 for Mistral Medium 3.

Run MiniMax M2 and Mistral Medium 3 on your own prompt

Benchmarks aren't your data. Try both side by side in the playground, with the cost of every answer.