MiniMax Token Plan (minimax.cn)
MiniMax launched M3.1-Flash-Preview on September 27, 2026 inside MiniMax Code and the Token Plan, describing it as a fast, stable model for day-to-day development tasks like bug fixes, implementation, and end-to-end feature work. The preview suffix signals an early, lightweight option rather than a definitive M3.1 family specification. The model is a native multimodal coding model with a 1-million-token context window, supporting text, image, and video input in a single context. It introduces a five-level reasoning-effort control (low, medium, high, xhigh, max, defaulting to max) where thinking cannot be disabled, letting developers trade latency and token usage for deeper deliberation. Access currently requires a Subscription Key via the Token Plan; no public pay-as-you-go pricing, benchmarks, or open weights have been published.
