MiniMax launches M3.1 Flash model, says it cuts AI agent costs by 70%

MiniMax released M3.1 Flash, an upgraded version of its M3 large language model, cutting AI agent costs by 70% and tripling inference speed. The model supports text, image, and video inputs and achieves top scores on several AI benchmarks. It competes directly with Hangzhou DeepSeek's V4.1-Flash model on pricing and performance.