ZMIME
Comparison · 2 models · Updated Oct 4, 2026

o3 vs MiniMax-M2.7

Too close to call on our weighted score (MiniMax-M2.7 61, o3 58). The right pick depends on what you value most.

  1. OpenAI

    o3

    Released Apr 16, 2025

    58/100
    • ECI146.9
    • Price$2.00 / $8.00
    • Context200K
  2. MiniMax

    MiniMax-M2.7

    Released Mar 18, 2026

    61/100
    • ECI145.9
    • Price$0.30 / $1.20
    • Context205K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (MiniMax-M2.7 61/100, o3 58/100), so choose by what matters most for your work: o3 for raw capability, MiniMax-M2.7 on price and MiniMax-M2.7 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • Capabilityo3Capabilities Index (ECI): o3 146.9 · MiniMax-M2.7 145.9
  • Lowest priceMiniMax-M2.7MiniMax-M2.7 $0.525 · o3 $3.50 per 1M tokens (3:1 blend)
  • Longest contextMiniMax-M2.7MiniMax-M2.7 204,800 · o3 200,000 tokens
  • Widest inputso3o3: Text, Images, PDFs · MiniMax-M2.7: Text
  • Self-hostingMiniMax-M2.7Publishes downloadable weights
How the score is built
MeasureWeighto3MiniMax-M2.7
CapabilityCapabilities Index (ECI)50%7473
Price25%2463
Inputs & features15%8035
Context window10%3232
Overall100%58/10061/100
02 — Side by side

Every spec in one table

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

o3 vs MiniMax-M2.7 specifications side by side
Specificationo3OpenAIMiniMax-M2.7MiniMax
Capability
Capabilities Index (ECI)146.9 (best)145.9
ECI rank#63 of 148 (best)#73 of 148
GPQA DiamondGraduate-level science questions81.8%—
FrontierMath Tiers 1–3Research-level mathematics33.3%—
OTIS Mock AIME 2024–2025Competition mathematics84.4%—
SWE-bench VerifiedFixing real GitHub issues62.3%—
SimpleQA VerifiedShort factual questions49.4%—
Price per million tokens
Input$2.00$0.30 (best)
Output$8.00$1.20 (best)
Cached input$0.50$0.06 (best)
Blended (3:1)$3.50$0.525 (best)
Long-context rateSame rateSame rate
Price sourceOfficial OpenAI APIOfficial MiniMax (minimax.io) API
Limits
Context window200,000 tokens204,800 tokens (best)
Max output100,000 tokens131,072 tokens (best)
Inputs and features
TextYesYes
ImagesYesNo
PDFsYesNo
AudioNoNo
VideoNoNo
ReasoningYeslow · medium · highYes
Tool callingYesYes
Structured outputYesNo
Availability
WeightsProprietaryOpen
API model IDo3MiniMax-M2.7
API providers1829 (best)
ReleasedApr 16, 2025Mar 18, 2026
Knowledge cutoffMay 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.

  • o3$36.00
  • MiniMax-M2.7$5.40
04 — Questions

Which should you choose?

Which is better: o3 or MiniMax-M2.7?

It is close. Our weighted score puts them within 2 points (MiniMax-M2.7 61/100, o3 58/100), so choose by what matters most for your work: o3 for raw capability, MiniMax-M2.7 on price and MiniMax-M2.7 for long inputs. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, o3 or MiniMax-M2.7?

MiniMax-M2.7 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). o3 costs $2.00 input / $8.00 output per million tokens (official OpenAI API price). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M2.7 versus $3.50 for o3 (6.7× as much).

Which scores higher on benchmarks?

o3 scores higher on the Capabilities Index (ECI): o3 146.9 (#63 of 148) and MiniMax-M2.7 145.9 (#73 of 148). The confidence ranges of the top two overlap (144.9–148.6 vs 138.2–148.0), so treat the gap as small.

Which is better for coding?

There are no published SWE-bench Verified results for MiniMax-M2.7 yet, so there is no like-for-like coding score. On overall capability, o3 leads, which tends to carry over to coding, but test on your own codebase. Both support tool calling for agent workflows.

Which has the bigger context window?

MiniMax-M2.7 has the largest context window at 204,800 tokens, against 200,000 for o3. Maximum output per response: o3 up to 100,000, MiniMax-M2.7 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

o3 accepts text, images and PDFs; MiniMax-M2.7 accepts text. o3 handles the widest range of inputs.

Are any of these open source?

MiniMax-M2.7 publishes its weights and can be self-hosted; o3 is proprietary.

Which is newer?

MiniMax-M2.7 is the newest, released Mar 18, 2026. o3 came out Apr 16, 2025. Knowledge cutoff: o3 May 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 Oct 4, 2026.