There is very little daylight between MiniMax-M3 (MiniMax) and Beam 1.0 (Reflection) on the overall index. All numbers are the catalogue's recorded values; nobody ran either model by hand for this page. Beam 1.0 streams output at about 344 tokens per second, 2.9 times the rate of MiniMax-M3.
Beam 1.0 is the faster writer
Measured output speed is 121 tokens per second for MiniMax-M3 and 344 tokens per second for Beam 1.0. Beam 1.0 is ahead by 185% on throughput. The wait for the first token averages 0.82 seconds on MiniMax-M3 against 0.70 seconds on Beam 1.0. MiniMax-M3 waits 1.2 times as long before its first token.
Add the two numbers up for a 1,000-token reply and Beam 1.0 finishes first: 9.1 seconds for MiniMax-M3, 3.6 seconds for Beam 1.0.
How the intelligence index compares
On the intelligence index, MiniMax-M3 scores 18.9 against 17.7 for Beam 1.0. It is a small margin for an index that averages many evaluations.
Among 109 active scored models, MiniMax-M3 sits 79th and Beam 1.0 84th.
Specialist coding and math indexes are missing for both, so treat the overall score as the only capability signal here.
Release timing
The release dates are June 1, 2026 for MiniMax-M3 and October 16, 2026 for Beam 1.0, about 5 months apart.
Token pricing and a sample bill
Per million tokens, MiniMax-M3 charges $0.30 for input and $1.20 for output, while Beam 1.0 charges $0.40 and $1.20. Output rates are close, so the input rate does most of the work in favour of MiniMax-M3.
Take 1 million input tokens and 200,000 output tokens: that comes to $0.54 on MiniMax-M3 and $0.64 on Beam 1.0. Scale it up to classifying 100,000 short messages at 150 input tokens and 5 output tokens each and the bill is $5.10 for MiniMax-M3 against $6.60 for Beam 1.0. Blended at three input tokens per output token, the effective rates are $0.525 for MiniMax-M3 and $0.60 for Beam 1.0.
Is the price in proportion?
Per point of intelligence index, MiniMax-M3 costs $0.028 of blended price per million tokens and Beam 1.0 $0.034. With the higher score and the lower cost per point, MiniMax-M3 is the better value per point on these numbers.

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