ZMIME
Comparison · 2 models · Updated Nov 2, 2026

Baichuan M2 32B vs DeepSeek-R1

Baichuan M2 32B comes out ahead, 58 to 34 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Baichuan

    Baichuan M2 32B

    Released Aug 13, 2025

    58/100
    • ECI—
    • Price$0.07 / $0.07
    • Context131K
  2. DeepSeek

    DeepSeek-R1

    Released Jan 20, 2025

    34/100
    • ECI138.8
    • Price$0.70 / $4.88
    • Context128K
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01 — Verdict

Baichuan M2 32B is our pick

Baichuan M2 32B is the better all-round choice, scoring 58/100 against DeepSeek-R1 (34). It leads on price. DeepSeek-R1 wins on inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceBaichuan M2 32BBaichuan M2 32B $0.07 · DeepSeek-R1 $1.75 per 1M tokens (3:1 blend)
  • Longest contextBaichuan M2 32BBaichuan M2 32B 131,072 · DeepSeek-R1 128,000 tokens
  • Widest inputsSame inputsBaichuan M2 32B: Text · DeepSeek-R1: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightBaichuan M2 32BDeepSeek-R1
Price50%10037
Inputs & features30%1035
Context window20%2524
Overall100%58/10034/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Baichuan M2 32B vs DeepSeek-R1 specifications side by side
SpecificationBaichuan M2 32BBaichuanDeepSeek-R1DeepSeek
Capability
Capabilities Index (ECI)—138.8
ECI rank—#119 of 165
GPQA DiamondGraduate-level science questions—71.7%
OTIS Mock AIME 2024–2025Competition mathematics—53.3%
Price per million tokens
Input$0.07 (best)$0.70
Output$0.07 (best)$4.88
Cached input——
Blended (3:1)$0.07 (best)$1.75
Long-context rateSame rateSame rate
Price sourceMedian of 1 providersMedian of 11 providers
Limits
Context window131,072 tokens (best)128,000 tokens
Max output131,072 tokens (best)32,768 tokens
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesYes
Tool callingNoYes
Structured outputNoNo
Availability
WeightsOpenApache-2.0Open
API model ID——
API providers112 (best)
ReleasedAug 13, 2025Jan 20, 2025
Knowledge cutoff—Jul 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Baichuan M2 32B$0.84
  • DeepSeek-R1$16.76
04 — Questions

Which should you choose?

Which is better: Baichuan M2 32B or DeepSeek-R1?

Baichuan M2 32B is the better all-round choice, scoring 58/100 against DeepSeek-R1 (34). It leads on price. DeepSeek-R1 wins on inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Baichuan M2 32B or DeepSeek-R1?

Baichuan M2 32B is cheaper at $0.07 input / $0.07 output per million tokens (median across 1 API provider). DeepSeek-R1 costs $0.70 input / $4.88 output per million tokens (median across 11 API providers). At a typical mix of three input tokens to one output token, that is $0.07 per million tokens for Baichuan M2 32B versus $1.75 for DeepSeek-R1 (25× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Baichuan M2 32B has not been scored yet and DeepSeek-R1 has an ECI of 138.8.

Which is better for coding?

There are no published SWE-bench Verified results for Baichuan M2 32B and DeepSeek-R1 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that Baichuan M2 32B does not support tool calling, which most coding agents need.

Which has the bigger context window?

Baichuan M2 32B has the largest context window at 131,072 tokens, against 128,000 for DeepSeek-R1. Maximum output per response: Baichuan M2 32B up to 131,072, DeepSeek-R1 up to 32,768 tokens.

Which can read images, PDFs, audio or video?

Baichuan M2 32B accepts text; DeepSeek-R1 accepts text. They handle the same number of input types.

Are any of these open source?

Yes, both publish their weights (Apache-2.0), so you can self-host them.

Which is newer?

Baichuan M2 32B is the newest, released Aug 13, 2025. DeepSeek-R1 came out Jan 20, 2025. Knowledge cutoff: DeepSeek-R1 Jul 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Nov 2, 2026.