The Shanghai-based firm said its open-source M1 model is more efficient in tasks including maths and coding than the popular DeepSeek-R1.

MiniMax-M1 presents a flexible option for organizations looking to experiment with or scale up advanced AI capabilities while managing costs.

The Shanghai-based firm said its open-source M1 model is more efficient in tasks including maths and coding than the popular DeepSeek-R1.

The updated reasoning model, released in May, performed well against leading US models in the real-time WebDev Arena tests.