Chinese AI developer MiniMax launches M3, a new coding model that it says rivals Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7 (Juro Osawa/The Information)

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Juro Osawa / The Information:
Chinese AI developer MiniMax launches M3, a new coding model that it says rivals Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7 — Chinese AI developer MiniMax on Monday launched a new large language model called M3, saying the new model's coding capability approaches …

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