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An open-weight model undercuts the frontier forty-fold

development2026-06-02

Claim

MiniMax's M3 claims to be the only open-weight model fusing frontier coding, a million-token context and native multimodality, priced at $0.12 per million input tokens against Opus 4.7's $5, while Nvidia's Nemotron 3 Ultra became the smartest open US model at roughly 550B parameters — still trailing China's Kimi K2.6.

Reported metric: $0.12 vs $5 per Mtok

Reporting date: (not necessarily the event date)

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