MiniMax-M2 vs Claude Haiku 4.5
Too close to call on our weighted score (MiniMax-M2 48, Claude Haiku 4.5 48). The right pick depends on what you value most.
MiniMaxMiniMax-M2
48/100- ECI—
- Price$0.30 / $1.20
- Context205K
AnthropicClaude Haiku 4.5
48/100- ECI142.4
- Price$1.00 / $5.00
- Context200K
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Make it a three-way comparison.
Too close to call
It is close. Our weighted score puts them within a point (MiniMax-M2 48/100, Claude Haiku 4.5 48/100), so choose by what matters most for your work: MiniMax-M2 on price and MiniMax-M2 for long inputs. 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 priceMiniMax-M2MiniMax-M2 $0.525 · Claude Haiku 4.5 $2.00 per 1M tokens (3:1 blend)
- Longest contextMiniMax-M2MiniMax-M2 204,800 · Claude Haiku 4.5 200,000 tokens
- Widest inputsClaude Haiku 4.5MiniMax-M2: Text · Claude Haiku 4.5: Text, Images, PDFs
- Self-hostingMiniMax-M2Publishes downloadable weights
| Measure | Weight | MiniMax-M2 | Claude Haiku 4.5 |
|---|---|---|---|
| Price | 50% | 63 | 36 |
| Inputs & features | 30% | 35 | 80 |
| Context window | 20% | 32 | 32 |
| Overall | 100% | 48/100 | 48/100 |
Left out because at least one model lacks the data: capability. The remaining weights were rescaled.
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | MiniMax-M2MiniMax | Claude Haiku 4.5Anthropic |
|---|---|---|
| Capability | ||
| Capabilities Index (ECI) | — | 142.4 |
| ECI rank | — | #90 of 148 |
| GPQA DiamondGraduate-level science questions | — | 71.2% |
| OTIS Mock AIME 2024–2025Competition mathematics | — | 66.7% |
| SimpleQA VerifiedShort factual questions | — | 13.2% |
| Price per million tokens | ||
| Input | $0.30 (best) | $1.00 |
| Output | $1.20 (best) | $5.00 |
| Cached input | — | $0.10 |
| Blended (3:1) | $0.525 (best) | $2.00 |
| Long-context rate | Same rate | Same rate |
| Price source | Official MiniMax (minimax.io) API | Official Anthropic API |
| Limits | ||
| Context window | 204,800 tokens (best) | 200,000 tokens |
| Max output | 131,072 tokens (best) | 64,000 tokens |
| Inputs and features | ||
| Text | Yes | Yes |
| Images | No | Yes |
| PDFs | No | Yes |
| Audio | No | No |
| Video | No | No |
| Reasoning | Yes | Yes |
| Tool calling | Yes | Yes |
| Structured output | No | Yes |
| Availability | ||
| Weights | Open | Proprietary |
| API model ID | MiniMax-M2 | claude-haiku-4-5 |
| API providers | 13 | 34 (best) |
| Released | Oct 27, 2025 | Oct 15, 2025 |
| Knowledge cutoff | — | Feb 28, 2025 |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
- MiniMax-M2$5.40
- Claude Haiku 4.5$20.00
Which should you choose?
Which is better: MiniMax-M2 or Claude Haiku 4.5?
It is close. Our weighted score puts them within a point (MiniMax-M2 48/100, Claude Haiku 4.5 48/100), so choose by what matters most for your work: MiniMax-M2 on price and MiniMax-M2 for long inputs. 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, MiniMax-M2 or Claude Haiku 4.5?
MiniMax-M2 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). Claude Haiku 4.5 costs $1.00 input / $5.00 output per million tokens (official Anthropic API price). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M2 versus $2.00 for Claude Haiku 4.5 (3.8× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers both models yet. MiniMax-M2 has not been scored yet and Claude Haiku 4.5 has an ECI of 142.4.
Which is better for coding?
There are no published SWE-bench Verified results for MiniMax-M2 and Claude Haiku 4.5 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.
Which has the bigger context window?
MiniMax-M2 has the largest context window at 204,800 tokens, against 200,000 for Claude Haiku 4.5. Maximum output per response: MiniMax-M2 up to 131,072, Claude Haiku 4.5 up to 64,000 tokens.
Which can read images, PDFs, audio or video?
MiniMax-M2 accepts text; Claude Haiku 4.5 accepts text, images and PDFs. Claude Haiku 4.5 handles the widest range of inputs.
Are any of these open source?
MiniMax-M2 publishes its weights and can be self-hosted; Claude Haiku 4.5 is proprietary.
Which is newer?
MiniMax-M2 is the newest, released Oct 27, 2025. Claude Haiku 4.5 came out Oct 15, 2025. Knowledge cutoff: Claude Haiku 4.5 Feb 28, 2025.
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 Oct 4, 2026.
