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MiniMax vs Moonshot AI: Token Pricing, Speed & Intelligence

Full comparison of MiniMax and Moonshot AI — live token pricing, latency, throughput, context window, strengths, weaknesses, and best use cases. Updated July 2026.

MiniMax

Long-context frontier models with 1M token windows

MiniMax is a Chinese AI company offering the MiniMax M-series of large language models. MiniMax M2.7 and M1 support context windows up to 1M tokens and are designed for enterprise chat, long-document analysis, and agentic workflows.

ChatLong-document analysisAgentic workflowsEnterprise AI
Proprietary models

Moonshot AI

Kimi — long-context frontier models from China's leading AI lab

Moonshot AI is a Chinese AI startup behind the Kimi model family. Kimi K2 is a 1-trillion-parameter MoE model released as open-weight, competitive with frontier models on coding and agentic tasks. The Kimi API offers long-context processing up to 128K tokens with competitive pricing.

CodingAgentsLong-contextReasoningMultilingual
Proprietary modelsHosts open weights

Key metrics

Cheapest input ($/1M)

Cheapest output ($/1M)

Peak throughput

Best latency (TTFT)

Intelligence score

Context window

Live token pricing

Strengths & weaknesses

MiniMax

1M token context window
Competitive pricing
Strong multilingual performance
Smaller international developer community
Less third-party tooling than OpenAI

Moonshot AI

Kimi K2 is a 1T MoE open-weight model with strong coding scores
Competitive on agentic and tool-use benchmarks
Long-context support up to 128K tokens
Open-weight release enables self-hosting
Strong performance on Chinese-language tasks
API primarily targets Chinese market — international latency may vary
Smaller ecosystem than OpenAI or Anthropic
Fewer third-party integrations available

Key differentiators

MiniMax

MiniMax M1 supports a 1M token context window at $0.30/1M input tokens — one of the most cost-effective long-context models available.

Moonshot AI

Kimi K2 is a 1-trillion-parameter open-weight MoE model that scores competitively with Claude Sonnet on coding and agentic benchmarks.

Frequently asked questions

MiniMax FAQs

What is MiniMax M2.7?

MiniMax M2.7 is MiniMax's latest chat model, supporting a 205K token context window. It is designed for enterprise chat, long-document analysis, and agentic tasks.

Is MiniMax available internationally?

Yes. The MiniMax API is accessible globally, and models are also available through OpenRouter and other inference aggregators.

Moonshot AI FAQs

What is Kimi K2?

Kimi K2 is a 1-trillion-parameter mixture-of-experts model from Moonshot AI, released as open-weight. It activates approximately 32B parameters per token and is designed for coding, agentic tasks, and long-context reasoning.

Is Kimi K2 open-weight?

Yes. Kimi K2 weights are publicly available on Hugging Face, making it one of the largest open-weight models available. Teams can self-host it on multi-GPU clusters or access it via the Moonshot API.

How does Kimi K2 compare to Claude Sonnet?

Kimi K2 scores competitively with Claude Sonnet 4 on coding benchmarks including SWE-bench. It is particularly strong on agentic tasks that require tool use and multi-step planning.

Provider resources

MiniMaxLong-context frontier models with 1M token windows

MiniMax is a Chinese AI company offering the MiniMax M-series of large language models. MiniMax M2.7 and M1 support context windows up to 1M tokens and are designed for enterprise chat, long-document analysis, and agentic workflows.

MiniMax M1 supports a 1M token context window at $0.30/1M input tokens — one of the most cost-effective long-context models available.

Moonshot AIKimi — long-context frontier models from China's leading AI lab

Moonshot AI is a Chinese AI startup behind the Kimi model family. Kimi K2 is a 1-trillion-parameter MoE model released as open-weight, competitive with frontier models on coding and agentic tasks. The Kimi API offers long-context processing up to 128K tokens with competitive pricing.

Kimi K2 is a 1-trillion-parameter open-weight MoE model that scores competitively with Claude Sonnet on coding and agentic benchmarks.

Key strengths compared

MiniMax

  • 1M token context window
  • Competitive pricing
  • Strong multilingual performance

Moonshot AI

  • Kimi K2 is a 1T MoE open-weight model with strong coding scores
  • Competitive on agentic and tool-use benchmarks
  • Long-context support up to 128K tokens

Provider category context

MiniMax is a frontier lab, founded in 2021. Moonshot AI is a frontier lab, founded in 2023. Both are frontier lab providers — the comparison is primarily about pricing, model selection, and feature differentiation within the same tier.

How to choose between them

Both MiniMax and Moonshot AI are frontier labs with proprietary models. Choose based on benchmark performance for your specific task: MiniMax leads on 1m token context window, while Moonshot AI leads on kimi k2 is a 1t moe open-weight model with strong coding scores. For cost-sensitive workloads, compare the cheapest model tier from each provider in the pricing table above — the gap between efficient-tier models is often larger than between flagship models.