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MiniMax M2 vs Pixtral Large

Comparing MiniMax M2 and Pixtral Large across benchmarks, pricing, and capabilities.

MiniMax · Mistral AI · Updated for 2026

Which is better?

MiniMax M2 and Pixtral Large trade strengths across price, capabilities, and technical limits. The better choice depends on the workload.

On price, MiniMax M2 is roughly 5.7x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

MiniMax M2 also accepts a larger context window (1,000,000 input tokens), making it the stronger choice for long documents and large codebases.

Based on current benchmark, pricing, and model metadata for 2026.

Choose MiniMax M2

  • cost matters — it's about 5.7x cheaper per token
  • you process long inputs — it offers a 1,000,000 token context window
  • you want the most recent training data — it shipped Oct 2025

Choose Pixtral Large

  • you want predictable pricing at $2.00/M input and $6.00/M output

At a glance

The differences that matter most.

Benchmark wins
Input price
$0.30 / M
$2.00 / M
Output price
$1.20 / M
$6.00 / M
Context window
1,000,000
128,000
Released
Oct 2025
Nov 2024
License
MIT
Mistral Research License (MRL) for research; Mistral Commercial License for commercial use

Performance Benchmarks

Comparative analysis across standard metrics

No common benchmarks found

MiniMax M2 and Pixtral Largedon't have any common benchmark datasets to compare. They may have been evaluated on different testing suites.

Arena Performance

Playground indexes and blind preference scores

Pricing Analysis

Price comparison per million tokens

MiniMax M2 costs less

For input processing, MiniMax M2 ($0.30/1M tokens) is 6.7x cheaper than Pixtral Large ($2.00/1M tokens).

For output processing, MiniMax M2 ($1.20/1M tokens) is 5.0x cheaper than Pixtral Large ($6.00/1M tokens).

In conclusion, Pixtral Large is more expensive than MiniMax M2.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Wed Aug 26 2026 • llm-stats.com
MiniMax
MiniMax M2
Input tokens$0.30
Output tokens$1.20
Best providerMiniMax
Mistral AI
Pixtral Large
Input tokens$2.00
Output tokens$6.00
Best providerMistral
Notice missing or incorrect data?Start an Issue

Model Size

Parameter count comparison

106.0B diff

MiniMax M2 has 106.0B more parameters than Pixtral Large, making it 85.5% larger.

MiniMax
MiniMax M2
230.0Bparameters
Mistral AI
Pixtral Large
124.0Bparameters
230.0B
MiniMax M2
124.0B
Pixtral Large

Context Window

Maximum input and output token capacity

MiniMax M2 accepts 1,000,000 input tokens compared to Pixtral Large's 128,000 tokens. MiniMax M2 can generate longer responses up to 1,000,000 tokens, while Pixtral Large is limited to 128,000 tokens.

MiniMax
MiniMax M2
Input1,000,000 tokens
Output1,000,000 tokens
Mistral AI
Pixtral Large
Input128,000 tokens
Output128,000 tokens
Wed Aug 26 2026 • llm-stats.com

Input Capabilities

Supported data types and modalities

Pixtral Large supports multimodal inputs, whereas MiniMax M2 does not.

Pixtral Large can handle both text and other forms of data like images, making it suitable for multimodal applications.

MiniMax M2

Text
Images
Audio
Video

Pixtral Large

Text
Images
Audio
Video

License

Usage and distribution terms

MiniMax M2 is licensed under MIT, while Pixtral Large uses Mistral Research License (MRL) for research; Mistral Commercial License for commercial use.

License differences may affect how you can use these models in commercial or open-source projects.

MiniMax M2

MIT

Open weights

Pixtral Large

Mistral Research License (MRL) for research; Mistral Commercial License for commercial use

Open weights

Release Timeline

When each model was launched

MiniMax M2 was released on 2025-10-27, while Pixtral Large was released on 2024-11-18.

MiniMax M2 is 11 months newer than Pixtral Large.

MiniMax M2

Oct 27, 2025

10 months ago

11mo newer
Pixtral Large

Nov 18, 2024

1.8 years ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

MiniMax M2 is available from MiniMax, Novita. Pixtral Large is available from Mistral AI.

MiniMax M2

minimax logo
MiniMax
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M
novita logo
Novita
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M

Pixtral Large

mistral logo
Mistral
Input Price:Input: $2.00/1MOutput Price:Output: $6.00/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Judge for yourself.

Run your own prompts against MiniMax M2 and Pixtral Large side-by-side, then vote on the output you prefer.

MiniMax M2
✓ Preferred
Pixtral Large
Open in Playground

FAQ

Common questions about MiniMax M2 vs Pixtral Large.

Which is better, MiniMax M2 or Pixtral Large?

MiniMax M2 (MiniMax) and Pixtral Large (Mistral AI) each have strengths in different areas. Compare their benchmark scores, pricing, context windows, and capabilities above to determine which fits your needs.

How does MiniMax M2 compare to Pixtral Large in benchmarks?

MiniMax M2 scores Tau2 Telecom: 87.0%, LiveCodeBench: 83.0%, MMLU-Pro: 82.0%, AIME 2025: 78.0%, GPQA: 78.0%. Pixtral Large scores AI2D: 93.8%, DocVQA: 93.3%, ChartQA: 88.1%, VQAv2: 80.9%, MM-MT-Bench: 74.0%.

Is MiniMax M2 cheaper than Pixtral Large?

MiniMax M2 is 6.7x cheaper for input tokens. MiniMax M2 costs $0.30/M input and $1.20/M output via minimax. Pixtral Large costs $2.00/M input and $6.00/M output via mistral.

What are the context window sizes for MiniMax M2 and Pixtral Large?

MiniMax M2 supports 1.0M tokens and Pixtral Large supports 128K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between MiniMax M2 and Pixtral Large?

Key differences include context window (1.0M vs 128K), input pricing ($0.30 vs $2.00/M), multimodal support (no vs yes), licensing (MIT vs Mistral Research License (MRL) for research; Mistral Commercial License for commercial use). See the full comparison above for benchmark-by-benchmark results.

Who makes MiniMax M2 and Pixtral Large?

MiniMax M2 is developed by MiniMax and Pixtral Large is developed by Mistral AI.