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China’s MiniMax Launches Updated AI Model M3.1 Flash, Claims Major Improvements

Summary by WTVB
BEIJING, Oct 19 (Reuters) – Chinese AI startup ​MiniMax ‌launched an updated version of AI model ‌M3.1 ​Flash, ⁠it said in ⁠a statement on Monday. The company said ​the updated model ⁠delivers “generational” improvements ⁠in areas ​such as agentic ​tasks, programming and cybersecurity, ‌and that its online inference ⁠speed has nearly tripled while usage ⁠costs ‌have ⁠been reduced ​by ‌70%. (Reporting by ​Yukun Zhang, ⁠Shi Bu and Ryan Woo; Editin…

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China's MiniMax launches updated AI model M3.1 Flash, claims major improvements

·London, United Kingdom
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The Chinese AI start-up MiniMax introduces an M3.1 Flash model. Announced as 70% cheaper for use than its predecessor, its high efficiency hides a strong propensity to hallucinations.

MiniMax launches M3.1 Flash, a model of 428 billion parameters billed 0.15 dollars per million tokens, cut for IA agents. Item MiniMax M3.1 Flash: The Chinese model that breaks prices of IA agents appeared first on Coin Academy

The Chinese technology MiniMax presented a new version of its M3.1 Flash AI model, with improvements in programming and execution of automated tasks, just two days after its competitor DeepSeek updated its own technology.The entry The Chinese MiniMax launches a faster and cheaper AI in full competition with DeepSeek was first published in Digital Process.

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On October 19, 2026, MiniMax, a Chinese AI company, announced a new AI model, "MiniMax M3.1 Flash." The company claims that the new model enhances the AI agent's capabilities for complex tasks, programming, PC operation, and cybersecurity, while also increasing inference speed by approximately three times and reducing usage costs by 70% compared to previous models. Read more...

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Startup Fortune broke the news on Monday, October 19, 2026.
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