MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512)

    Comparison

    As of August 20, 2026, MiniMax M2.5 is 25% cheaper per million tokens than Mistral Large 3 (675B Instruct 2512). MiniMax M2.5 is $0.30 / $1.20 per million input/output tokens versus Mistral Large 3 (675B Instruct 2512) at $0.50 / $1.50. Sources: https://anotherwrapper.com/tools/llm-pricing and https://docs.mistral.ai/platform/pricing/

    Sources: AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing); Mistral AI pricing (https://docs.mistral.ai/platform/pricing/)

    Better value

    MiniMax M2.5

    MiniMax

    $1.50blended / 1M

    Input

    $0.30

    Output

    $1.20

    1M ctx|Open Source
    25%
    cheaper

    Mistral Large 3 (675B Instruct 2512)

    Mistral

    $2.00blended / 1M

    Input

    $0.50

    Output

    $1.50

    262.1K ctx|Open Source
    Save $0.50 per million tokens by choosing MiniMax M2.5 over Mistral Large 3 (675B Instruct 2512).

    MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512) comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    MiniMax M2.5
    Mistral Large 3 (675B Instruct 2512)
    Provider
    Provider
    MiniMax
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2026-02-12
    2025-12-04
    Pricing (per 1M tokens)
    Input Price-40%
    $0.30
    $0.50
    Output Price-20%
    $1.20
    $1.50
    Blended (1M + 1M)
    $1.50
    $2.00
    Model Details
    Context Window
    1M
    262.1K
    Max Output Tokens
    1M
    262.1K
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    100 tok/s
    45.89 tok/s
    Benchmarks
    43.9%
    82.1%
    79.2%
    34.4%
    76.3%
    23.8%
    4.9%
    85.5%
    88.8%
    59.6%
    59%
    6.7%
    92.5%
    74.4%
    80.1%
    68.2%
    54.2%
    Benchmark Wins
    MiniMax M2.5 1|0 Mistral Large 3 (675B Instruct 2512)

    Verdict

    MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512): the bottom line

    MiniMax M2.5 offers both lower pricing and stronger benchmark performance across the board, making it the clear value leader in this comparison.

    MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512) FAQ

    Which is cheaper, MiniMax M2.5 or Mistral Large 3 (675B Instruct 2512)?

    As of August 20, 2026, MiniMax M2.5 is 25% cheaper on blended LLM API pricing. MiniMax M2.5 costs $0.30 per million input tokens and $1.20 per million output tokens ($1.50 blended 1M-in + 1M-out). Mistral Large 3 (675B Instruct 2512) costs $0.50 / $1.50 per million tokens ($2.00 blended). Sources: https://anotherwrapper.com/tools/llm-pricing and https://docs.mistral.ai/platform/pricing/. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512) cost per million tokens?

    MiniMax M2.5 MiniMax API pricing is $0.30 input and $1.20 output per million tokens via MiniMax. Mistral Large 3 (675B Instruct 2512) Mistral API pricing is $0.50 input and $1.50 output per million tokens via Mistral AI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, MiniMax M2.5 or Mistral Large 3 (675B Instruct 2512)?

    MiniMax M2.5 has a published SWE-bench Verified score of 80.2%. Mistral Large 3 (675B Instruct 2512) does not have that eval on this page yet.

    What is the context window for MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512)?

    MiniMax M2.5 supports a 1M token context window, while Mistral Large 3 (675B Instruct 2512) supports 262K tokens. MiniMax M2.5 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, MiniMax M2.5 or Mistral Large 3 (675B Instruct 2512)?

    MiniMax M2.5 leads on 1 of 1 shared benchmarks versus Mistral Large 3 (675B Instruct 2512)'s 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is MiniMax M2.5 or Mistral Large 3 (675B Instruct 2512) better for production use?

    Both MiniMax M2.5 and Mistral Large 3 (675B Instruct 2512) are production API models. For cost-sensitive production traffic, MiniMax M2.5 has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between MiniMax M2.5 and Mistral Large 3 (675B Instruct 2512) in my app?

    Yes. Call MiniMax M2.5 through MiniMax and Mistral Large 3 (675B Instruct 2512) through Mistral AI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512) pricing data?

    List rates are the latest published MiniMax API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://anotherwrapper.com/tools/llm-pricing and https://docs.mistral.ai/platform/pricing/. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for MiniMax M2.5 and Mistral Large 3 (675B Instruct 2512)?

    MiniMax M2.5 supports up to 1M output tokens per request, while Mistral Large 3 (675B Instruct 2512) supports up to 262K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, MiniMax M2.5 or Mistral Large 3 (675B Instruct 2512)?

    MiniMax M2.5 runs at approximately 100 tokens/second while Mistral Large 3 (675B Instruct 2512) runs at 45.89 tokens/second. MiniMax M2.5 is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512) comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open MiniMax M2.5 or Mistral Large 3 (675B Instruct 2512) from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    MiniMax M2.5 vs Mistral Large 3 (675B Instruct 2512) pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. MiniMax M2.5 costs $0.30/M input and $1.20/M output. Mistral Large 3 (675B Instruct 2512) costs $0.50/M input and $1.50/M output via Mistral AI.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

    All Large Language Models

    280 models across 33 providers. Search or jump to a lab — every model page stays linked here.

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    1 models

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    1 models

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    1 models

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    1 models

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    1 models

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    1 models

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    1 models

    Tencent

    1 models

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    1 models

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    1 models

    Upstage

    1 models

    Next step

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