MiniMax M3 is cheaper than OpenAI o3 at $0.3/M vs $10/M input tokens.
| Spec | MiniMax M3 | OpenAI o3 |
|---|---|---|
| Input price | $0.3/M tokens | $10/M tokens |
| Output price | $1.2/M tokens | $40/M tokens |
| Context window | 1.0M tokens | — |
| Weights | Open | Closed |
| Free API (OpenRouter) | No | No |
| Released | Jun 2026 | Apr 2025 |
Not enough votes to call it. On the specs, OpenAI o3 has the edge: bigger model tier, major provider backing.
MiniMax M3 costs 33x less per token.
MiniMax M3 is cheaper on both: 33× input, 33× output.
Per million tokens. Prices and uptime via OpenRouter, checked 8 Sep 2026.
MiniMax M3 uses 115.0x more emoji