The closest alternative to MiniMax-01 is MiniMax M3 — comparable intelligence (54.7 vs —); for a cheaper option, MiMo-V2.5 runs $0.140/M vs $0.200/M; for more speed, Morph V3 Large hits 3.1k t/s; and the best open-weight substitute is MiniMax M3.
MiniMax M3 is the closest alternative to MiniMax-01, with an Intelligence Index of 54.7 (MiniMax-01 scores —) at $0.300 per million input tokens.
Yes — MiMo-V2.5 costs $0.140 per million input tokens versus $0.200 for MiniMax-01, while staying within ~8 points of its Intelligence Index.
MiniMax M3 is the strongest open-weight alternative to MiniMax-01 — downloadable from Hugging Face and self-hostable, scoring 54.7 on intelligence.