AI model comparison

GPT-5.4 Nano vs MiniMax M2.1

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

GPT-5.4 nano is the most lightweight and cost-efficient variant of the GPT-5.4 family, optimized for speed-critical and high-volume tasks.

Input / 1M
$0.20
Output / 1M
$1.25
Context
400K

MiniMax-M2.1 is a lightweight, state-of-the-art large language model optimized for coding, agentic workflows, and modern application development.

Input / 1M
$0.30
Output / 1M
$1.20
Context
205K

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

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GPT-5.4 Nano

1.2x cheaper for a typical chat

Higher intelligence score

minimax logo

MiniMax M2.1

20.9 vs 20.7 on Artificial Analysis

Larger context window

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GPT-5.4 Nano

400K vs 205K tokens

Newer release

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GPT-5.4 Nano

Released March 17, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

openai logoGPT-5.4 Nano20.7
minimax logoMiniMax M2.120.9

Coding index

openai logoGPT-5.4 Nano56.1
minimax logoMiniMax M2.1Not available

Agentic index

openai logoGPT-5.4 Nano16
minimax logoMiniMax M2.1Not available

Pricing

GPT-5.4 Nano vs MiniMax M2.1 API pricing

Per-token API rates. Cheaper option highlighted.

Metricopenai logoGPT-5.4 Nanominimax logoMiniMax M2.1
Input tokensPer 1M tokens$0.20$0.30
Output tokensPer 1M tokens$1.25$1.20
Cached input (read)Per 1M tokens$0.02$0.03
Cache writePer 1M tokensNot availableNot available
Web searchPer request$0.01Not available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

openai logoGPT-5.4 Nano$1.02
minimax logoMiniMax M2.1$1.20

Coding task

30K in, 4K out

openai logoGPT-5.4 Nano$11$5.60 cached
minimax logoMiniMax M2.1$13.80$5.70 cached

Long document summary

150K in, 2K out

openai logoGPT-5.4 Nano$32.50$5.50 cached
minimax logoMiniMax M2.1$47.40$6.90 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricopenai logoGPT-5.4 Nanominimax logoMiniMax M2.1
Context window400K tokens205K tokens
Max output128K tokens131K tokens
Input typesFile, Image, TextText
Output typesTextText
Reasoning effort levelsExtra high, High, Medium, Low, NoneNot available
Default reasoning effortMediumNot available
Release dateMarch 17, 2026December 23, 2025

Features

Supported features

API features available for each model.

Metricopenai logoGPT-5.4 Nanominimax logoMiniMax M2.1
Tool callingSupportedSupported
Structured outputsSupportedNot supported
JSON modeSupportedSupported
ReasoningSupportedSupported
TemperatureNot supportedSupported
Stop sequencesNot supportedNot supported
Deterministic seedSupportedNot supported
Verbosity controlSupportedNot supported

Our take

GPT-5.4 Nano is 1.2x cheaper for a typical chat. MiniMax M2.1 scores higher on the Artificial Analysis Intelligence Index (20.9 vs 20.7). GPT-5.4 Nano has the larger context window (400K vs 205K tokens). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is GPT-5.4 Nano or MiniMax M2.1 cheaper?

GPT-5.4 Nano is cheaper for a typical chat (2K input tokens and 500 output tokens). GPT-5.4 Nano costs $0.20 per 1M input tokens and $1.25 per 1M output tokens, while MiniMax M2.1 costs $0.30 per 1M input tokens and $1.20 per 1M output tokens.

Which has a bigger context window, GPT-5.4 Nano or MiniMax M2.1?

GPT-5.4 Nano supports up to 400K tokens of context, compared with 205K for MiniMax M2.1.

Is GPT-5.4 Nano smarter than MiniMax M2.1?

On the Artificial Analysis Intelligence Index, GPT-5.4 Nano scores 20.7 and MiniMax M2.1 scores 20.9, putting MiniMax M2.1 ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use GPT-5.4 Nano and MiniMax M2.1 at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see GPT-5.4 Nano and MiniMax M2.1 answer side by side and keep the better response.

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Why choose? Ask both.

Send one prompt to GPT-5.4 Nano and MiniMax M2.1 at the same time. Compare the answers side by side and keep the best one.