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MiniMax-M2.5

MiniMax-M2.5 is built around reinforcement learning with process rewards, a departure from the scalar final-reward approach that typically forces models to "suck supervision through a straw." By rewarding intermediate reasoning steps rather than only final outcomes, the model learns richer task representations that pay off in complex knowledge work. The design centers on full-stack agentic capabilities spanning coding, web search, tool calling, and office productivity applications, and it achieved 80.2% on SWE-Bench Verified — putting it within 0.6 percentage points of Claude Opus 4.6 while claiming roughly one-tenth the cost. It ships in two variants: a standard model and a Lightning version running at 100 tokens per second.

The training backbone is MiniMax's Forge framework, which scales agent-native reinforcement learning across more than the cataloged API limit real-world environments including code repositories, web browsers, and office applications. The framework uses a CISPO algorithm and delivers a reported 40x speedup in training iteration compared to earlier approaches, allowing the model to cultivate competence across diverse tasks. The model is open weights and presented through an OpenAI-compatible API endpoint, making it straightforward to drop into existing agentic pipelines. The combination of open access, high benchmark performance, and a claimed 37% speed improvement over the earlier M2.1 release positions this as a practical option for teams building AI agents that need reliable code generation, tool orchestration, and document handling without the pricing or access constraints of larger commercial models.

DInferenceminimax-m2.5minimax

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Provider
DInference
Model key
minimax-m2.5
Release date
Feb 12, 2026
Last updated
Feb 12, 2026
Input modalities
Output modalities
Capabilities

Cost

Input token cost
$0.22
Output token cost
$0.88

Limits

Output tokens
32,000 tokens
Context window
200,000 tokens

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