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MiniMax M3 vs Mistral Small 3.2 24B

How do these models stack up? Below is an expert side-by-side comparison of specifications, context window capacity, live pricing per million tokens, and standardized benchmark scores for MiniMax M3 and Mistral Small 3.2 24B.

MiniMax

MiniMax M3

MiniMax-M3 is a multimodal foundation model from MiniMax. It supports text, image, and video inputs with text output, a 1M-token context window, and is suited for long-horizon agentic work, coding,...

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Mistral

Mistral Small 3.2 24B

Mistral-Small-3.2-24B-Instruct-2506 is an updated 24B parameter model from Mistral optimized for instruction following, repetition reduction, and improved function calling. Compared to the 3.1 release, version 3.2 significantly improves accuracy on...

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Technical Specifications

SpecificationMiniMax M3Mistral Small 3.2 24B
ProviderMiniMaxMistral
Context Window1,048,576 tokens128,000 tokens
Agent SuitabilityN/AN/A
Time to First Token (TTFT)N/AN/A
Deployment Modelmanaged apiself hostable
Production Stabilitybetastable
API AvailableYesYes
Released Date2026-05-312025-06-20

API Pricing Comparison

Input Price per Million Tokens

MiniMax M3

$0.30

Mistral Small 3.2 24B

$0.07

Output Price per Million Tokens

MiniMax M3

$1.20

Mistral Small 3.2 24B

$0.20

Want to test both models live?

Run side-by-side prompt prompts in our dynamic Sandbox. Check execution speeds, latency metrics, and compute actual costs in real-time.

Benchmark Performance Metrics

Scores show the raw performance percentages verified across key evaluation suites. Higher bars indicate superior accuracy and capability in that domain.

MMLUGeneral knowledge & multi-task understanding
8400.0%vsN/A
MiniMax M3
Mistral Small 3.2 24B
HumanEvalPython coding & logic synthesis
8350.0%vsN/A
MiniMax M3
Mistral Small 3.2 24B
MATHComplex mathematical problem solving
6200.0%vsN/A
MiniMax M3
Mistral Small 3.2 24B
GPQAGraduate-level expert reasoning
4250.0%vsN/A
MiniMax M3
Mistral Small 3.2 24B
HellaSwagCommonsense reasoning and inference
8520.0%vsN/A
MiniMax M3
Mistral Small 3.2 24B
MT-BenchMulti-turn conversation flow quality
888.0%vsN/A
MiniMax M3
Mistral Small 3.2 24B

MiniMax M3 Quirks & Gotchas

No developer gotchas reported.

Mistral Small 3.2 24B Quirks & Gotchas

No developer gotchas reported.