MiniMax M3.1 Flash Highlights Rapidly Falling AI Model Costs in China
Chinese AI startup MiniMax has released its M3.1 Flash model, delivering significant performance gains over its predecessor at half the price. Achieving competitive scores on coding and intelligence benchmarks for under $0.30 per task, the launch underscores an ongoing price war among Chinese AI developers that continues to drive down the cost of advanced machine learning capabilities.
Source: The Decoder