Updated March 25, 2026· Based on independent benchmark data
MiniMax: MiniMax M2 and xAI: Grok 4.20 Multi-Agent Beta are virtually tied on intelligence (49.6 vs 48.5). MiniMax: MiniMax M2 is 7.8x cheaper at $0.26/1M tokens vs $2.00/1M. For speed, xAI: Grok 4.20 Multi-Agent Beta wins at 124 tok/s vs 44 tok/s.
| Metric | MiniMax: MiniMax M2 | xAI: Grok 4.20 Multi-Agent Beta |
|---|---|---|
| Intelligence Score | 49.6 | 48.5 |
| Coding Score | 41.9 | 42.2 |
| Math Score | N/A | N/A |
| Speed (tok/s) | 44 tok/s | 124 tok/s |
| Latency (TTFT) | 2.02s | 15.96s |
| Input Price / 1M tokens | $0.26 | $2.00 |
| Output Price / 1M tokens | $1.00 | $6.00 |
| Context Window | 197K |
MiniMax: MiniMax M2 and xAI: Grok 4.20 Multi-Agent Beta perform similarly on overall intelligence, scoring 49.6 and 48.5 respectively. Their coding capabilities are closely matched (41.9 vs 42.2).
xAI: Grok 4.20 Multi-Agent Beta generates output significantly faster at 124 tok/s compared to MiniMax: MiniMax M2's 44 tok/s, making it 2.8x faster for streaming responses. Time to first token is 2.02s for MiniMax: MiniMax M2 vs 15.96s for xAI: Grok 4.20 Multi-Agent Beta, which affects perceived responsiveness in interactive applications.
MiniMax: MiniMax M2 is more affordable at $0.26/1M input tokens ($1.00/1M output), while xAI: Grok 4.20 Multi-Agent Beta costs $2.00/1M input ($6.00/1M output). That makes xAI: Grok 4.20 Multi-Agent Beta 7.8x more expensive per token, which can add up significantly at scale. For a typical workload of 100 requests per day at 2,000 tokens each, MiniMax: MiniMax M2 would cost approximately $1.53/month vs $12.00/month for xAI: Grok 4.20 Multi-Agent Beta in input costs alone.
xAI: Grok 4.20 Multi-Agent Beta offers a larger context window at 2M tokens compared to MiniMax: MiniMax M2's 197K. This means xAI: Grok 4.20 Multi-Agent Beta can process roughly 1000 pages of text in a single request vs 98 pages for MiniMax: MiniMax M2.
Choose MiniMax: MiniMax M2 when you need lower cost. Choose xAI: Grok 4.20 Multi-Agent Beta when you need faster output (124 tok/s), larger context window (2M).
xAI: Grok 4.20 Multi-Agent Beta scores higher on coding benchmarks (42.2 vs 41.9), making it the better choice for programming tasks.
MiniMax: MiniMax M2 is cheaper at $0.26/1M input tokens vs $2.00/1M for xAI: Grok 4.20 Multi-Agent Beta.
xAI: Grok 4.20 Multi-Agent Beta is faster, producing output at 124 tok/s compared to MiniMax: MiniMax M2's 44 tok/s.
No, MiniMax: MiniMax M2 does not support image input. However, xAI: Grok 4.20 Multi-Agent Beta does support images.
Benchmark data by Artificial Analysis
Data last synced: March 25, 2026
| 2M |
| Max Output Tokens | 197K | N/A |
| Input Modalities | Text | Text + Image |
| Output Modalities | Text | Text |
| Free Tier | No | No |
xAI: Grok 4.20 Multi-Agent Beta has a larger context window at 2M compared to MiniMax: MiniMax M2's 197K.
Both models perform similarly on intelligence benchmarks. Choose based on specific needs: pricing, speed, context window, or provider ecosystem.