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Mistral Large 2 vs MiniMax M3 Thinking

Both have similar output pricing, while MiniMax M3 Thinking offers a larger context window. Choose Mistral Large 2 or MiniMax M3 Thinking based on the trade-off between cost, context, and the benchmarks that matter for your use case.

SpecMistral Large 2MiniMax M3 Thinking
ProviderMistral AINanoGPT
Input / 1M tokens—$0.23
Output / 1M tokens—$0.96
Context window—512K
Parameters123B—
Open weightsYesYes
ReleasedJul 2024Jun 2026
LMArena (Chatbot Arena) Elo score1266—
Epoch Capabilities Index score129—
LiveBench score—70.0

FAQ

Is Mistral Large 2 or MiniMax M3 Thinking cheaper?

Mistral Large 2 and MiniMax M3 Thinking have comparable output pricing.

Which has the larger context window, Mistral Large 2 or MiniMax M3 Thinking?

MiniMax M3 Thinking has the larger context window (512K tokens).

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.