Model Comparison
MiniMax M2.1 vs Qwen2.5-Coder 32B Instruct
MiniMax M2.1 significantly outperforms across most benchmarks. Qwen2.5-Coder 32B Instruct is 5.8x cheaper per token.
Performance Benchmarks
Comparative analysis across standard metrics
MiniMax M2.1 outperforms in 2 benchmarks (LiveCodeBench, MMLU-Pro), while Qwen2.5-Coder 32B Instruct is better at 0 benchmarks.
MiniMax M2.1 significantly outperforms across most benchmarks.
Arena Performance
Human preference votes
Pricing Analysis
Price comparison per million tokens
For input processing, MiniMax M2.1 ($0.30/1M tokens) is 3.3x more expensive than Qwen2.5-Coder 32B Instruct ($0.09/1M tokens).
For output processing, MiniMax M2.1 ($1.20/1M tokens) is 13.3x more expensive than Qwen2.5-Coder 32B Instruct ($0.09/1M tokens).
In conclusion, MiniMax M2.1 is more expensive than Qwen2.5-Coder 32B Instruct.*
* Using a 3:1 ratio of input to output tokens
Model Size
Parameter count comparison
MiniMax M2.1 has 198.0B more parameters than Qwen2.5-Coder 32B Instruct, making it 618.8% larger.
Context Window
Maximum input and output token capacity
MiniMax M2.1 accepts 1,000,000 input tokens compared to Qwen2.5-Coder 32B Instruct's 128,000 tokens. MiniMax M2.1 can generate longer responses up to 1,000,000 tokens, while Qwen2.5-Coder 32B Instruct is limited to 128,000 tokens.
License
Usage and distribution terms
MiniMax M2.1 is licensed under MIT, while Qwen2.5-Coder 32B Instruct uses Apache 2.0.
License differences may affect how you can use these models in commercial or open-source projects.
MIT
Open weights
Apache 2.0
Open weights
Release Timeline
When each model was launched
MiniMax M2.1 was released on 2025-12-23, while Qwen2.5-Coder 32B Instruct was released on 2024-09-19.
MiniMax M2.1 is 15 months newer than Qwen2.5-Coder 32B Instruct.
Dec 23, 2025
3 months ago
1.3yr newerSep 19, 2024
1.6 years ago
Knowledge Cutoff
When training data ends
Neither model specifies a knowledge cutoff date.
Unable to compare the recency of their training data.
Provider Availability
MiniMax M2.1 is available from MiniMax. Qwen2.5-Coder 32B Instruct is available from Lambda, DeepInfra, Hyperbolic, Fireworks.
MiniMax M2.1
Qwen2.5-Coder 32B Instruct
Outputs Comparison
Key Takeaways
MiniMax M2.1
View detailsMiniMax
Qwen2.5-Coder 32B Instruct
View detailsAlibaba Cloud / Qwen Team
Detailed Comparison
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FAQ
Common questions about MiniMax M2.1 vs Qwen2.5-Coder 32B Instruct