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MiniMax M2 vs Qwen2.5-32B

Both have similar output pricing, while MiniMax M2 offers a larger context window. Choose MiniMax M2 or Qwen2.5-32B based on the trade-off between cost, context, and the benchmarks that matter for your use case.

SpecMiniMax M2Qwen2.5-32B
ProviderMiniMaxAlibaba
Input / 1M tokens$0.26—
Output / 1M tokens$1.02—
Context window205K—
Parameters229B33B
Open weightsYesYes
ReleasedOct 2025Sep 2024
SWE-bench Verified score61.0—
LMArena (Chatbot Arena) Elo score1340—
LMArena WebDev Elo score1297—
Epoch Capabilities Index score—129

FAQ

Is MiniMax M2 or Qwen2.5-32B cheaper?

MiniMax M2 and Qwen2.5-32B have comparable output pricing.

Which has the larger context window, MiniMax M2 or Qwen2.5-32B?

MiniMax M2 has the larger context window (205K tokens).

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