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Shanghai lab behind Hailuo, M2.5, and the 2026 M3/H3 coding models. TalkAPI M3 is $0.24/$0.98 per 1M tokens.

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MiniMax

MiniMax is the Shanghai lab behind Hailuo video and the MiniMax text/coding models. Rechecked 2026-08-17: the international host is minimax.io. Consumer video still lives around Hailuo. Coding and agent models in this catalog are MiniMax M3 and MiniMax H3. The old company page froze Abab 6 / MiniMax-Text-01 / 4M context and an unverified $600M IPO. Those are out.

API list prices on platform.minimax.io that day include MiniMax M3 $0.24 input / $0.98 output per 1M tokens (cached $0.02) and M2.5 $0.24 / $1.20. Recheck H3 on the same table before you quote it.

Key Features

  • Two surfaces: Hailuo for video, TalkAPI / platform.minimax.io for tokens.
  • Current coding line: M3 and H3, not Abab 6.5.
  • Pay-as-you-go tokens: Public USD table on the international platform.
  • Not a 4M-context flagship story anymore: Do not lead with Text-01.

Use Cases

  • Teams that want MiniMax video plus MiniMax tokens from one vendor.
  • Coding agents pointed at M3 / H3 instead of a US lab.
  • Readers coming from the stale Abab pages.

Limitation: China-region CNY plans were not copied here. IPO and valuation claims stay out. Hailuo subscription seats were not the table we used.

Pricing

International TalkAPI, 2026-08-17, per 1M tokens:

Model Input Output Cached input
MiniMax M3 $0.24 $0.98 $0.02
MiniMax M2.5 $0.24 $1.20 $0.02

Confirm H3 on the same pricing page.

Getting Started

  1. Open minimax.io for the product map.
  2. Create a TalkAPI key on platform.minimax.io.
  3. Call M3 unless you have a reason to pin M2.5 or H3.
  4. For video, use Hailuo, not the text endpoint.

Frequently Asked Questions

Is Abab still the flagship?

No. This catalog now points at M3 / H3 and Hailuo.

Is minimaxi.com official?

Use minimax.io until a host redirects cleanly.

4 million token context?

Not as the lead claim on 2026-08-17. Recheck the model card you call.

Alternatives

Tips

  1. Quote $0.24 / $0.98 from TalkAPI, not Abab blog posts.
  2. Keep video and text on different sentences.
  3. Recheck the international vs China console. They diverge.

Conclusion

MiniMax is still a Shanghai multimodal lab, but the live catalog is Hailuo plus M3/H3 tokens, not Abab 6. Start at minimax.io and the TalkAPI price list.

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