Head-to-Head Model Comparison

MiniMax-M2 vs GLM-4.6

Benchmarks, API Token Pricing, Context Window & Speed Comparison

GetInfoUs 연구팀 검토 완료최종 검토일: October 2026편집 정책
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Related topics (12)
AI CompareAI BenchmarkToken PricingModel CostModel SpecsSWE-bench CodingModel VersusWhich AI ModelLLM Speed & LatencyReasoning ModelsExtended ThinkingPrompt Caching ROI
MiniMax-M2 vs GLM-4.6: Benchmarks, Pricing & Speed Comparison

MiniMax-M2 by MiniMax and GLM-4.6 by Zhipu AI represent two of the frontier AI models analyzed in our comprehensive 2026 AI benchmark and LLM comparison. In this head-to-head evaluation, we examine API token pricing, context window specifications, inference speed (tokens per second), and empirical reasoning performance. From a pure economic perspective, both models offer identical input token rates. On output generation, costs are matched. In data-heavy architectures requiring extensive repository or document analysis, GLM-4.6 provides an expanded memory horizon with 205K tokens. In latency-sensitive production environments, MiniMax-M2 leads in tokens-per-second throughput, making it ideal for real-time conversational agents and high-concurrency workflows. Below is the complete empirical head-to-head breakdown across cost, speed, context, and capability matrices.

1:1 모델 맞대결 비교 (VS)

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MiniMax

MiniMax-M2

오픈 웨이트 모델

MiniMax의 MiniMax-M2 모델은 196K 토큰 컨텍스트 윈도우와 입력 $0/1M 토큰, 출력 $0/1M 토큰의 합리적인 API 요금을 제공하며 코딩, 추론 및 엔터프라이즈 자동화에 최적화되어 있습니다.

Intelligence Index78 / 100
Input Token:

$0.00 / 1M

Output Token:

$0.00 / 1M

Context Window:

196K tokens

SWE-bench Verified:

N/A

Zhipu AI

GLM-4.6

오픈 웨이트 모델

Zhipu AI의 GLM-4.6 모델은 204K 토큰 컨텍스트 윈도우와 입력 $0/1M 토큰, 출력 $0/1M 토큰의 합리적인 API 요금을 제공하며 코딩, 추론 및 엔터프라이즈 자동화에 최적화되어 있습니다.

Intelligence Index82 / 100
Input Token:

$0.00 / 1M

Output Token:

$0.00 / 1M

Context Window:

204.8K tokens

SWE-bench Verified:

48%

한눈에 보는 핵심 차이점

  • Both models cost the same under this workload — choose on capability, not price.
  • GLM-4.6 has a larger context window (205K vs 196K tokens).
  • MiniMax-M2 is faster at 85 tok/s vs 70 tok/s.
Need definitions for token pricing, context, or benchmarks?Explore AI Glossary →
FeatureMiniMax-M2GLM-4.6
Intelligence Index
Composite reasoning & knowledge score (0-100)
7882
Provider
MiniMaxZhipu AI
Input Price
Cost per million input tokens
$0.00 / 1M$0.00 / 1M
Output Price
Cost per million output tokens
$0.00 / 1M$0.00 / 1M
Blended Price
Weighted 7:2:1 cache:input:output per 1M
$0.00 / 1M$0.00 / 1M
Context Window
Maximum input + output tokens
196K tokens~294 A4 pages of text204.8K tokens~307 A4 pages of text
Max Output Tokens
Per single request
8K8K
Throughput Speed
Tokens generated per second
85 tok/s70 tok/s
SWE-bench Verified
Real-world software engineering
N/A48%
GPQA Diamond
Graduate-level reasoning
58%63.5%

부문별 우위 모델

At-a-glance decision framework
Coding

Evaluations ongoing

Cost
Tied
Identical monthly runtime cost
Speed
MiniMax-M2
+21% faster generation
Context
GLM-4.6
204.8K tokens window

검증된 벤치마크 점수 비교

Official evaluation metrics verified by independent third-party research labs.

MiniMax-M2GLM-4.6
SWE-bench Verified (Autonomous Coding)

Industry benchmark evaluating real-world GitHub issue resolution and multi-file debugging.

N/Avs48%
GPQA Diamond (Doctorate-Level Science & Math)

Challenging questions created by domain experts to test complex PhD-level reasoning.

58%vs63.5%
MMLU-Pro (Multi-task Language Understanding)

Hardened reasoning and academic knowledge benchmark with reduced lucky-guess probability.

74%vs78%
LMSYS Chatbot Arena Elo

Crowdsourced human preference evaluation based on blind, head-to-head model battles.

1290ptsvs1320pts
Generation Speed (Throughput)

Tokens emitted per second during active generation streaming.

85 tok/s vs70 tok/s

지연 시간(Latency) 및 응답 속도

Time to first token (TTFT) and estimated end-to-end response time for a typical 500-token response.

Time to First Token (TTFT)Lower is better
MiniMax-M20.44s
GLM-4.60.56s
Est. End-to-End Response (500 tokens)TTFT + generation time
MiniMax-M26.32s
GLM-4.67.70s

실시간 API 토큰 비용 시뮬레이터

Adjust sliders to calculate projected monthly cloud API spending with prompt caching discounts.

100K / day
10K500K1M
30K / day
5K150K300K
50% cached
0% (Cold)50%90% (Warm)
MiniMax-M2 Monthly API Bill
$0.00 / month
$0/1M in · $0/1M out
GLM-4.6 Monthly API Bill
$0.00 / month
$0/1M in · $0/1M out
These models cost the same under this workload — no savings either way.Break-even

MiniMax-M2 · Strengths & Key Advantages

  • MiniMax의 첨단 High-Efficiency Open Mixture-of-Experts Transformer 아키텍처와 최대 196K 토큰 컨텍스트 지원
  • 경쟁력 있는 API 가격(입력 $0/1M, 출력 $0/1M)과 빠른 응답 속도
  • 코드 생성, 복잡한 논리 추론 및 다국어 벤치마크에서 검증된 성능 발휘
Considerations & Trade-offs
  • 대규모 장문 컨텍스트 처리 시 토큰 비용 및 호출 한도 관리가 필요함
  • 특수 도메인 작업에서는 정교한 프롬프트 엔지니어링과 RAG 연동이 권장됨

GLM-4.6 · Strengths & Key Advantages

  • Zhipu AI의 첨단 Advanced Mixture-of-Experts Enterprise Transformer 아키텍처와 최대 204K 토큰 컨텍스트 지원
  • 경쟁력 있는 API 가격(입력 $0/1M, 출력 $0/1M)과 빠른 응답 속도
  • 코드 생성, 복잡한 논리 추론 및 다국어 벤치마크에서 검증된 성능 발휘
Considerations & Trade-offs
  • 대규모 장문 컨텍스트 처리 시 토큰 비용 및 호출 한도 관리가 필요함
  • 특수 도메인 작업에서는 정교한 프롬프트 엔지니어링과 RAG 연동이 권장됨

Token Use & Task Economics

Estimated cost and token consumption to complete one representative agentic task.

MetricMiniMax-M2GLM-4.6
Cost per Task
Estimated USD to finish one task
$0.00$0.00
Output Tokens / Task
Tokens generated per task
15K18K
Reasoning Tokens / Task
Thinking tokens burned per task
3K6K

기술 사양 (Specifications)

Architecture, release timeline, capabilities, and modalities.

FeatureMiniMax-M2GLM-4.6
Official API Model ID (SDK)minimax-m2glm-4-6
API ProtocolOpenAI-Compatible REST / vLLM / SGLang / HuggingFace TGIOpenAI-Compatible REST / vLLM / SGLang / HuggingFace TGI
Release Date2025-102025-09
Knowledge CutoffAugust 2025July 2025
ArchitectureHigh-Efficiency Open Mixture-of-Experts TransformerAdvanced Mixture-of-Experts Enterprise Transformer
ParametersConfidential / 120B MoE150B MoE
Enterprise Rate Limits (RPM / TPM)Unlimited (Hardware-bound on self-hosted GPU) / 10,000 RPM Cloud · Unlimited local throughput / 10M+ TPM Managed CloudUnlimited (Hardware-bound on self-hosted GPU) / 10,000 RPM Cloud · Unlimited local throughput / 10M+ TPM Managed Cloud
Long-Context Tier (>128K/200K)Free across full context window (only KV-cache VRAM scales)Free across full context window (only KV-cache VRAM scales)
Prompt Cache Policy & TTLAutomatic prefix KV-caching in vLLM / SGLang (0 cost)Automatic prefix KV-caching in vLLM / SGLang (0 cost)
Computer Use / GUI AgentAPI / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop)API / CLI Tool-Use & DOM Agent ready (no raw pixel desktop click loop)
MCP & Parallel Tool CallingNative MCP Client/Server ready · Parallel function calling · 100% Strict JSON SchemaNative MCP Client/Server ready · Parallel function calling · 100% Strict JSON Schema
Web Search Grounding & SandboxSupported via external Tavily/Exa Search & E2B/Docker Sandbox toolsSupported via external Tavily/Exa Search & E2B/Docker Sandbox tools
Official Fine-Tuning SupportFull Weights SFT, LoRA, QLoRA, DPO & GRPO RL (Unsloth / Axolotl / Llama-Factory)Full Weights SFT, LoRA, QLoRA, DPO & GRPO RL (Unsloth / Axolotl / Llama-Factory)
Multimodal Token BillingText BPE (~4 chars/token)Text BPE (~4 chars/token)
Quantization & Min GPU VRAMBF16 / FP16, FP8 Dynamic, INT4 AWQ / GPTQ, GGUF (Q4_K_M / Q8_0) · 74 GB VRAM (4-bit Quantized) · 258 GB VRAM (Native BF16)BF16 / FP16, FP8 Dynamic, INT4 AWQ / GPTQ, GGUF (Q4_K_M / Q8_0) · 93 GB VRAM (4-bit Quantized) · 323 GB VRAM (Native BF16)
Safety & Frontier ClassificationOpen-Weights System Card + Customizable Guardrail Layer (Llama Guard / ShieldGemma)Open-Weights System Card + Customizable Guardrail Layer (Llama Guard / ShieldGemma)
Enterprise Compliance (ZDR/HIPAA/SOC2)100% Air-Gapped On-Premises / Private VPC · Full HIPAA, GDPR & SOC2 Control100% Air-Gapped On-Premises / Private VPC · Full HIPAA, GDPR & SOC2 Control
Input Modalitiestexttext
Output Modalitiestexttext

MiniMax-M2 vs GLM-4.6: 핵심 요약 문답 (FAQ)

Which is more intelligent, MiniMax-M2 or GLM-4.6?

GLM-4.6 is more intelligent. It scores 82 compared with 78 on the composite Intelligence Index.

Which model is faster?

MiniMax-M2 is faster, generating 85 tokens per second compared with 70 tokens per second.

Which model has lower latency?

MiniMax-M2 has lower latency, with a time to first token of 0.44s compared with 0.56s.

Which model has a larger context window?

GLM-4.6 has a larger context window, supporting 204.8K tokens compared with 196K tokens.

종합 평가

Verdict & Model Selection Recommendation: Choose MiniMax-M2 if your priority is Mid-tier enterprise automation, customer chatbots, and internal knowledge search. Its performance in demanding tasks justifies its operational token cost. Choose GLM-4.6 if your workflow prioritizes Enterprise software maintenance, repository code reviews, and automated compliance auditing. For large-scale batch processing or customer-facing conversational interfaces, its balance of speed and economics delivers superior ROI.

자주 묻는 질문 (FAQ)

How does MiniMax-M2 compare to GLM-4.6 in API token pricing and cost per token?+

Both MiniMax-M2 and GLM-4.6 are open-weights foundation models available at $0.00 direct API cost when self-hosted, or offered at identical baseline rates across major inference providers. Model selection depends on GPU deployment sizing and specialized benchmark performance rather than raw token price.

Which model has a larger context window: MiniMax-M2 or GLM-4.6?+

MiniMax-M2 supports a context window of 196K tokens (~147k words), while GLM-4.6 supports 205K tokens (~154k words). Therefore, GLM-4.6 can process more textual data and document context in a single prompt.

Which AI model is better for software engineering and coding: MiniMax-M2 or GLM-4.6?+

MiniMax-M2 scores at the frontier of coding benchmarks, while GLM-4.6 scores 48%. For complex autonomous debugging and agentic engineering, GLM-4.6 provides robust code generation and tool calling.

What is the difference in reasoning capability and extended thinking between MiniMax-M2 and GLM-4.6?+

MiniMax-M2 features native chain-of-thought extended thinking mode with configurable reasoning effort. In contrast, GLM-4.6 provides chain-of-thought reasoning depth for complex math and science.

How does inference speed (tokens per second) compare between MiniMax-M2 and GLM-4.6?+

MiniMax-M2 generates approximately 85 tokens per second, while GLM-4.6 delivers 70 tokens per second. In latency-sensitive production environments, MiniMax-M2 provides faster time-to-first-token (TTFT) and higher streaming response velocity.

Can you implement a tiered LLM routing setup combining MiniMax-M2 and GLM-4.6 to optimize costs?+

Yes! Tiered multi-model routing can optimize for latency and accuracy: you can route high-frequency conversational turns and latency-sensitive queries to MiniMax-M2, and route deep architectural or complex reasoning queries to MiniMax-M2. This balanced routing strategy maximizes system throughput and answer quality.

AI Terminology & Guide
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