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MiniMax M2.1 vs Mistral Large

MiniMax M2.1 leads Mistral Large on the Artificial Analysis Intelligence Index, 20.9 to 5.8, and MiniMax M2.1 costs 5.0x less per output token ($1.20 vs $6.00 per million). Updated October 22, 2026; 13 benchmarks have a result for both.

MiniMax M2.1MiniMax
Coding
No data
Overall
No data
Output $/M
$1.20
13
Mistral LargeMistral AI
Coding
No data
Overall
No data
Output $/M
$6.00
0
vs boards won of 13 shared

MiniMax M2.1 or Mistral Large: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick MiniMax M2.1 for output tokens 5.0x cheaper ($1.20 vs $6.00 per million) and a larger context window (205K against 128K tokens).

Shared results
13
MiniMax M2.1 only
21
Mistral Large only
31
Like-for-like categories
5 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
MiniMax M2.1 not benchmarked, Mistral Large not benchmarked.
Widest category
Coding, 53.9 points apart on average over 2 shared benchmarks.
Widest single gap
AIME: MiniMax M2.1 77.9% against Mistral Large 9.2%, 68.8 points apart on a 0 to 100 scale.
Output price
MiniMax M2.1 $1.20 against Mistral Large $6.00 per million output tokens, 5.0x apart.
Context window
MiniMax M2.1 takes 205K tokens, Mistral Large 128K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryMiniMax M2.1BarsMistral LargeTies
Coding20
Intelligence10
Reasoning30
Math30
Knowledge40
All shared boards130
CodingLike-for-likeSix of these boards feed the Vibe Coding Index20
Coding benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
LiveCodeBench (Vals AI)81.8%37.1%MiniMax M2.1
SWE-bench Verified (Vals AI)74.8%Not measuredOnly MiniMax M2.1 measured
LiveCodeBench (Artificial Analysis run)81.0%17.8%MiniMax M2.1
Terminal-Bench Hard (Artificial Analysis run)28.8%Not measuredOnly MiniMax M2.1 measured
Terminal-Bench36.6%Not measuredOnly MiniMax M2.1 measured
ALE-Bench623.8Not measuredOnly MiniMax M2.1 measured
LMArena Text: codingNot measured1275Only Mistral Large measured
LMArena Text: software and ITNot measured1274Only Mistral Large measured
Neither model has a result on the other 31 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
AA Intelligence Index20.95.8MiniMax M2.1
Epoch Capabilities IndexNot measured122.1Only Mistral Large measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Agentic work benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
τ²-Bench Telecom85.4%Not measuredOnly MiniMax M2.1 measured
Neither model has a result on the other 40 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index30
Reasoning benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
GPQA Diamond78.5%47.7%MiniMax M2.1
GPQA Diamond (Artificial Analysis run)83.0%35.1%MiniMax M2.1
Humanity's Last Exam (Artificial Analysis run)23.2%3.5%MiniMax M2.1
LMArena Text: hard promptsNot measured1257Only Mistral Large measured
LMArena Text: expertNot measured1208Only Mistral Large measured
LMArena Text: hard prompts in EnglishNot measured1268Only Mistral Large measured
Neither model has a result on the other 16 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index30
Math benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
AIME77.9%9.2%MiniMax M2.1
MATH 500 (Vals AI)89.0%74.4%MiniMax M2.1
MGSM (Vals AI)87.8%87.2%MiniMax M2.1
AA Math Index82.7Not measuredOnly MiniMax M2.1 measured
AIME 2025 (Artificial Analysis run)82.7%Not measuredOnly MiniMax M2.1 measured
LMArena Text: mathNot measured1261Only Mistral Large measured
LMArena Text: mathematical workNot measured1257Only Mistral Large measured
Neither model has a result on the other 6 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
MMLU Pro87.0%69.7%MiniMax M2.1
LegalBench (Vals AI)75.5%Not measuredOnly MiniMax M2.1 measured
CaseLaw (Vals AI)55.8%Not measuredOnly MiniMax M2.1 measured
CorpFin (Vals AI)58.9%Not measuredOnly MiniMax M2.1 measured
TaxEval (Vals AI)66.3%63.8%MiniMax M2.1
MedQA (Vals AI)91.2%76.2%MiniMax M2.1
MedCode (Vals AI)34.1%Not measuredOnly MiniMax M2.1 measured
MMLU Pro (Artificial Analysis run)87.5%51.5%MiniMax M2.1
MMLUNot measured68.8%Only Mistral Large measured
LMArena Text: scienceNot measured1260Only Mistral Large measured
LMArena Text: medicine and healthcareNot measured1255Only Mistral Large measured
LMArena Text: legal and governmentNot measured1275Only Mistral Large measured
LMArena Text: business and financeNot measured1238Only Mistral Large measured
Neither model has a result on the other 5 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards, none shared
Web design benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
Design Arena: websites1201Not measuredOnly MiniMax M2.1 measured
Design Arena: UI components1220Not measuredOnly MiniMax M2.1 measured
Design Arena: game dev1134Not measuredOnly MiniMax M2.1 measured
Design Arena: data viz1206Not measuredOnly MiniMax M2.1 measured
Design Arena: 3D1164Not measuredOnly MiniMax M2.1 measured
Design Arena: all code categories1190Not measuredOnly MiniMax M2.1 measured
Design Arena: SVG1131Not measuredOnly MiniMax M2.1 measured
Neither model has a result on the other 2 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index21 boards, none shared
General benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
MedScribe (Vals AI)80.8%Not measuredOnly MiniMax M2.1 measured
IFBench69.9%Not measuredOnly MiniMax M2.1 measured
Long context reasoning (AA-LCR)67.7%Not measuredOnly MiniMax M2.1 measured
DTBenchNot measured60.8%Only Mistral Large measured
LMArena TextNot measured1265Only Mistral Large measured
LMArena Text: instruction followingNot measured1249Only Mistral Large measured
LMArena Text: creative writingNot measured1242Only Mistral Large measured
LMArena Text: EnglishNot measured1284Only Mistral Large measured
LMArena Text: non-EnglishNot measured1235Only Mistral Large measured
LMArena Text: ChineseNot measured1239Only Mistral Large measured
LMArena Text: GermanNot measured1242Only Mistral Large measured
LMArena Text: JapaneseNot measured1170Only Mistral Large measured
LMArena Text: KoreanNot measured1202Only Mistral Large measured
LMArena Text: FrenchNot measured1325Only Mistral Large measured
LMArena Text: SpanishNot measured1268Only Mistral Large measured
LMArena Text: RussianNot measured1252Only Mistral Large measured
LMArena Text: PolishNot measured1157Only Mistral Large measured
LMArena Text: multi-turnNot measured1260Only Mistral Large measured
LMArena Text: longer queriesNot measured1261Only Mistral Large measured
LMArena Text: writing and languageNot measured1261Only Mistral Large measured
LMArena Text: entertainment and mediaNot measured1230Only Mistral Large measured
Neither model has a result on the other 25 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2.1 and Mistral Large
BenchmarkMiniMax M2.1Mistral LargeLeader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

MiniMax M2.1$0.0009Fits in one request
Mistral Large$0.0050Fits in one request

MiniMax M2.1 costs less

Repository review

50K input + 3K output tokens

MiniMax M2.1$0.019Fits in one request
Mistral Large$0.118Fits in one request

MiniMax M2.1 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2.1$0.072Exceeds the context window
Mistral Large$0.460Exceeds the context window

MiniMax M2.1 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of MiniMax M2.1 and Mistral Large
SpecificationMiniMax M2.1Mistral Large
MakerMiniMaxMistral AI
WeightsOpen weightsNo public weights listed
ReleasedDecember 23, 2025February 26, 2024
Context window205K128K
Input $/Mtok$0.30$2.00
Output $/Mtok$1.20$6.00
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.59Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.1 better than Mistral Large for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick MiniMax M2.1 for output tokens 5.0x cheaper ($1.20 vs $6.00 per million) and a larger context window (205K against 128K tokens).

Which is cheaper, MiniMax M2.1 or Mistral Large?

MiniMax M2.1 costs $0.30 per million input tokens and $1.20 per million output tokens; Mistral Large costs $2.00 and $6.00. Cost per solved task is known for MiniMax M2.1 only.

Which has the bigger context window, MiniMax M2.1 or Mistral Large?

MiniMax M2.1, with 205K tokens against 128K.

How many benchmarks is the MiniMax M2.1 vs Mistral Large comparison based on?

13 benchmarks have a result for both models as of October 22, 2026. MiniMax M2.1's coding index rests on 1 independent benchmark and Mistral Large's on 0. Where only one model has a result, the page says so instead of naming a winner.

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