Which is cheaper, MiniMax M3 and Mistral Nemo?

Mistral Nemo has the lowest input price. Per 1M input tokens: MiniMax M3 from $0.30 and Mistral Nemo from $0.03.

Which has the larger context window, MiniMax M3 and Mistral Nemo?

MiniMax M3 has the largest context window: MiniMax M3 1,000,000 tokens and Mistral Nemo 131,072 tokens.

Which is smarter, MiniMax M3 and Mistral Nemo?

MiniMax M3 scores highest on the Artificial Analysis Intelligence Index: MiniMax M3 18.7 and Mistral Nemo 5.2.

Can I switch between MiniMax M3 and Mistral Nemo without changing my code?

Yes. All of them are served through FastRouter's OpenAI-compatible API, so switching is a change of the model parameter (minimax/minimax-m3, mistralai/Mistral-Nemo-Instruct-2407).

MiniMax M3 vs Mistral Nemo

Side-by-side pricing per provider, context window, benchmark scores and speed, all on one OpenAI-compatible API.

Estimate monthly cost for these models

MiniMax M3 Minimaxminimax/minimax-m3

Mistral Nemo MistralAImistralai/Mistral-Nemo-Instruct-2407

Creator

Minimax

MistralAI

Released

May 31, 2026

Jul 19, 2024

Context window

131K

Max output

512K

16K

Input / 1MLowest provider price

$0.30

$0.03

Output / 1MLowest provider price

$1.20

$0.03

Providers

IntelligenceArtificial Analysis index

18.7

5.2

LatencyMedian time to first token

3.1s

3.3s

ThroughputMedian tokens per second

<1 t/s

Accepts

Text, Image, Video

Text

Produces

Text

Tool calling

Yes

Structured output

Yes

Reasoning

Yes

MiniMax M3 vs Mistral Nemo: summary

MiniMax M3 and Mistral Nemo are both available through FastRouter's OpenAI-compatible API, so switching between them is a change of model id, not a new integration.

MiniMax M3, from Minimax, has a 1,000,000-token context window, costs $0.30/1M input and $1.20/1M output tokens and scores 18.7 on the Artificial Analysis Intelligence Index.

Mistral Nemo, from MistralAI, has a 131,072-token context window, costs $0.03/1M input and $0.03/1M output tokens and scores 5.2 on the Artificial Analysis Intelligence Index.

Mistral Nemo is the cheapest on input, 10× cheaper than the next model, MiniMax M3 has the largest context window and MiniMax M3 scores highest for intelligence.

Switch with one line

client = OpenAI(base_url="https://api.fastrouter.ai/api/v1", api_key="<FASTROUTER_API_KEY>") client.chat.completions.create(model="minimax/minimax-m3", messages=[...]) # or client.chat.completions.create(model="mistralai/Mistral-Nemo-Instruct-2407", messages=[...])

Full API docs

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More comparisons

Benchmark scores sourced from ArtificialAnalysis