MiniMax released M3.1 Flash on Monday, saying it cuts agent costs by 70 percent. Per-token prices fell by half, which accounts for part of that claim. The rest depends on how many tokens an agent spends to finish a job, and MiniMax hasn’t said how it measured that. The company lists $0.15 per million input tokens, $0.60 per million output tokens and $0.015 per million cached input tokens, and claims inference nearly three times faster than its predecessor, M3. That 70 percent figure is the one to test; a cheaper rate card only helps if the agent also finishes in fewer loops. That 70 percent...

Source: The New Stack