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GLM 4.5 (Thinking) vs MiniMax M2.5

MiniMax M2.5 is cheaper on output tokens, while MiniMax M2.5 offers a larger context window. Choose GLM 4.5 (Thinking) or MiniMax M2.5 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

SpecGLM 4.5 (Thinking)MiniMax M2.5
ProviderNanoGPTNanoGPT
Input / 1M tokens$0.30$0.30
Output / 1M tokens$1.30$1.20
Context window128K205K
Parameters——
Open weightsYesYes
ReleasedJul 2025Feb 2026

FAQ

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