GPT-5.4 vs MiniMax-M2
MiniMax-M2 is cheaper on output tokens, while GPT-5.4 offers a larger context window. Choose GPT-5.4 or MiniMax-M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.
| Spec | GPT-5.4 | MiniMax-M2 |
|---|---|---|
| Provider | Merge Gateway | Merge Gateway |
| Input / 1M tokens | $2.50 | $0.30 |
| Output / 1M tokens | $15.00 | $1.20 |
| Context window | 1.1M | 197K |
| Parameters | — | 229B |
| Open weights | No | Yes |
| Released | Mar 2026 | Oct 2025 |
FAQ
Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.