Model comparison
Claude Fable 5.1 vs MiniMax M3
Anthropic against MiniMax, compared on context, price, and verified benchmark results.
Catalog record checked September 5, 2026Individual provider fields may changeEvidence confidence: High — see receipts below
Anthropic
Claude Fable 5.1
Frontier
MiniMax
MiniMax M3
Frontier · Open weights
| Specification | Claude Fable 5.1 | MiniMax M3 |
|---|---|---|
| Provider | Anthropic | MiniMax |
| Tier | Frontier | Frontier |
| Context window | 1M | 1M |
| Max output | 128K | Not verifiedUnverified |
| Input / 1M tokens | $10 | Winner: $0.30 |
| Output / 1M tokens | $50 | Winner: $1.20 |
| Weights | Closed | Open |
| Parameters | Not disclosedUnverified | 428B total / 23B active (MoE) |
| Reasoning levels | adaptive | low, high, max |
| Modalities | text, image | text, image, video |
| API model id | claude-fable-5-1 | minimax-m3 |
| Released | September 1, 2026 | June 1, 2026 |
| Artificial Analysis Intelligence Index (2026-08-14) | Winner: 66 | 51 |
| Humanity's Last Exam (2026-09-01) | 65 | Not verifiedUnverified |
| Terminal-Bench 2.1 (2026-09-05) | Winner: 91.4 | 66 |
| DeepSWE 1.1 (2026-09-03) | 67.4 | Not verifiedUnverified |
Prices are USD per million tokens at standard rates, excluding batch and caching discounts. Bold indicates the better figure where one is objectively better. Values we could not confirm from the provider are shown as “Not verified” rather than estimated.
Benchmark receipts
- 2026-09-05: Artificial Analysis Terminal-Bench v2.1 (independent, Terminus 2, max effort — current AA leader)Agentic terminal work: multi-step tasks executed in a sandboxed shell environment. Comparability: comparable with caveat — Scores across Terminal-Bench major versions (v1 vs v2) are NOT comparable; harness configuration (container, time limits) also shifts results.
- 2026-09-03: OpenAI GPT-6 Astra launch chart (independent cross-vendor; Fable 5.1 not on the official Datacurve leaderboard)Agentic software engineering: pass@1 on real repo tasks with reported cost per completed task. Comparability: directly comparable
- 2026-09-01: Anthropic announcement comparison table (vendor, with tools; 60.9 no tools)Frontier-knowledge ceiling: extremely hard multi-domain questions written to be near-impossible without deep expertise. Comparability: comparable with caveat — Subset/tool configurations (text-only vs with-tools) differ between vendors and materially change scores; must match configuration to compare.
- 2026-08-14: Artificial AnalysisComposite index blending reasoning, knowledge, and coding evals into one 0–100 score. Comparability: directly comparable — AA occasionally rebaselines the index scale between snapshots — a score captured on one date is only comparable to same-snapshot scores (check measuredAt).
- 2026-06-01: MiniMax blog (vendor, Terminus 2 scaffolding, 2h timeout)Agentic terminal work: multi-step tasks executed in a sandboxed shell environment. Comparability: comparable with caveat — Scores across Terminal-Bench major versions (v1 vs v2) are NOT comparable; harness configuration (container, time limits) also shifts results.
Pricing tiers: Claude Fable 5.1: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. · MiniMax M3: $0.30/$1.20 per MTok; open (community license). 428B/23B active MoE, native multimodal. Rate is the ≤512K-prompt tier; higher above.
Claude Fable 5.1
Claude Fable 5.1 is Anthropic's September 2026 flagship refresh, debuting at the top of LiveBench and the Artificial Analysis Intelligence Index.
Best for
- Frontier agents
- Hardest reasoning work
- Fable 5 workloads at the same price
Watch out
Early-life model: leaderboard position is from launch-week boards; recheck before committing spend.
MiniMax M3
MiniMax M3 is an open-weight (community license) 428B MoE with native multimodal and 1M context.
Best for
- Open-weight deployments
- Multimodal
- Long-context
Watch out
Community license, not fully open; verify terms.
When the cheaper one wins
MiniMax M3 is cheaper on output at $1.20 per million tokens against $50 for Claude Fable 5.1 — about 42×. Use the cheaper tier for classification, extraction, summarisation, and any task where the expensive model’s extra score does not change the accepted output. The expensive one only pays if your hardest task actually fails on the cheap tier. These are standard-tier API rates, excluding batch and cache discounts.
Run the model pickerEvidence confidence: High
How strong and complete the evidence behind this comparison is — not a prediction of which model is better.
- Pricing verified on both sides — Input and output rates are verified for both models.
- 3/5 core specs verified on both sides — Not published for at least one side: max output, parameter count.
- 2 shared named benchmarks with differing scores — Measured on: Artificial Analysis Intelligence Index, Terminal-Bench 2.1.
- Verified within the last 90 days — Newest catalog check was 6 days ago.
- Both models carry source citations — Each side has at least two catalog sources on record.
Source receipts
Each catalog figure was checked against the provider or an independent second source on the date shown.
- Claude Fable 5.1: Anthropic pricing — Fable 5.1/Mythos 5.1 $10/$50 (accessed 2026-09-03)
- Claude Fable 5.1: Anthropic models overview — Fable 5.1 (1M context, 128K output) (accessed 2026-09-03)
- Claude Fable 5.1: Artificial Analysis — Fable 5.1 Intelligence Index 66 #1 (accessed 2026-09-01)
- MiniMax M3: MiniMax — M3 (accessed 2026-08-29)
- MiniMax M3: MiniMax M3 release (accessed 2026-08-29)
Related comparisons
- Claude Fable 5.1 vs Claude Haiku 4.5
- Claude Fable 5.1 vs Claude Mythos 5.1
- Claude Fable 5.1 vs Claude Opus 5
- Claude Fable 5.1 vs Claude Sonnet 5
- Claude Fable 5.1 vs DeepSeek V4 Pro
- Claude Fable 5.1 vs Gemini 3.1 Pro
Diving deeper on one model? Claude Fable 5.1 · MiniMax M3
Common questions
Claude Fable 5.1 vs MiniMax M3
Answered from the verified figures on this page rather than general guidance.
Is Claude Fable 5.1 or MiniMax M3 cheaper for input?
MiniMax M3 is cheaper at $0.30 per million input tokens, against $10 for Claude Fable 5.1 — roughly 33× the price. Output tokens usually dominate a real bill, so weigh the output rate more heavily than the input rate. These are base rates; Claude Fable 5.1 has tiered pricing: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. MiniMax M3 has tiered pricing: $0.30/$1.20 per MTok; open (community license). 428B/23B active MoE, native multimodal. Rate is the ≤512K-prompt tier; higher above.
Is Claude Fable 5.1 or MiniMax M3 cheaper for output?
MiniMax M3 is cheaper at $1.20 per million output tokens, against $50 for Claude Fable 5.1 — roughly 42× the price. Output tokens usually dominate a real bill, so weigh the output rate more heavily than the input rate. These are base rates; Claude Fable 5.1 has tiered pricing: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. MiniMax M3 has tiered pricing: $0.30/$1.20 per MTok; open (community license). 428B/23B active MoE, native multimodal. Rate is the ≤512K-prompt tier; higher above.
Which has the larger context window, Claude Fable 5.1 or MiniMax M3?
Both accept about 1M tokens of context, so document length will not decide between them.
Do Claude Fable 5.1 and MiniMax M3 support the same reasoning levels?
Claude Fable 5.1 exposes adaptive, while MiniMax M3 exposes low, high, max.
Should I use Claude Fable 5.1 or MiniMax M3?
Both sit in the frontier tier, so the choice usually comes down to price and context rather than capability. Claude Fable 5.1 suits frontier agents; MiniMax M3 suits open-weight deployments.
Can I self-host Claude Fable 5.1 or MiniMax M3?
MiniMax M3 publishes open weights, but self-hosting and third-party provider access depend on the licence, hardware, serving support, and availability. Claude Fable 5.1 is a closed model whose supported access paths are controlled by its provider.
Next step
Choosing between them
The verified figures that separate this pair, computed from the catalog rather than restated boilerplate.
- Input price: MiniMax M3 costs $0.30 per 1M tokens versus $10 for Claude Fable 5.1 — a 33.3x difference at the headline tier.
- Measured capability: Claude Fable 5.1 leads Artificial Analysis Intelligence Index 66 to 51 (measured 2026-08-14).
- Deployment: MiniMax M3 publishes weights you can self-host; the other is API-only.
Choosing a harness rather than a model — Cursor, Copilot, Claude Code, Windsurf, or Lovable? Compare agentic harnesses · Latest releases.