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DeepSeek V3.2 Speciale vs MiniMax-M2

DeepSeek vs MiniMax — benchmarks, pricing, and capabilities side by side.

  • DeepSeek V3.2 Speciale has the higher intelligence index (89.9 vs 76)
  • MiniMax-M2 is cheaper ($0.26 vs $0.29 per 1M input)
  • MiniMax-M2 has a larger context window (205K)
DeepSeek V3.2 SpecialeMiniMax-M2
Intelligence index89.976
DeveloperDeepSeekMiniMax
TypeLLMLLM
AccessOpen weightsOpen weights
Context window163,840 tokens204,800 tokens
Input price$0.29 / 1M$0.26 / 1M
Output price$0.43 / 1M$1.00 / 1M
Speed91 tok/s
ReleasedDecember 1, 2025October 27, 2025
Parameters230B (10B active)
Input modalitiesTextText
Output modalitiesTextText

Shared benchmarks

DeepSeek V3.2 Speciale
MiniMax-M2
AIME 2025
96.7
78.3
GPQA Diamond
87.1
77.7
Humanity’s Last Exam
26.1
12.5
LiveCodeBench
89.6
82.6
MMLU-Pro
86.3
82