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MiniMax M3.1 Flash shows China's AI price race has no floor in sight

MiniMax's M3.1 Flash jumps 13 points over its predecessor to 42 on the Artificial Analysis Intelligence Index, at half the cost. It also hits 73.7 percent on the DeepSWE v1.1 coding benchmark for under $0.30 per task, matching Deepseek V4.1 Flash 1017 on both performance and price.

Tarun Mottlia

Via The Decoder

·Excerpt
MiniMax M3.1 Flash shows China's AI price race has no floor in sight
Image: MiniMax-M3.1-Flash jumps from 29 to 42 points on the Artificial Analysis Intelligence Index compared to M3, while cutting cost per task sharply. | Image: AA

How cheap can AI output get? China: Yes!

MiniMax has released M3.1 Flash, a new reasoning model that scores 42 points on the Artificial Analysis Intelligence Index. That's 13 points higher than its predecessor M3, at less than half the cost per task. The model ties with GLM-5.3-Flash, edges past Gemini 3.8 Flash (41), and trails Deepseek V4.1 Flash 1017 (45).

Complex reasoning saw the biggest improvement. On "Humanity's Last Exam," M3.1 Flash hits 48 percent, beating both Deepseek and…

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