AI & Enterprise
China\'s MiniMax unveils M3.1 Flash, cuts AI agent costs 70 percent
China\'s AI company MiniMax has launched M3.1 Flash, a large language model designed to boost inference speed and sharply cut usage costs. The company said the model reduces AI agent task costs by 70 percent versus its predecessor and increases inference speed about threefold. Built on a mixture-of-experts architecture, it supports text, image and video inputs and up to 1 million tokens of context. MiniMax also disclosed pricing and availability across its API, subscription service and coding app.