Interlinked.

Coding god,
everything else mid.

MiniMax M2.5 (released February 2026): 229B MoE, open-weight. The best coding model in the world can't do basic science.

SWE-bench80.2%80.8%AIME 202683%92.8%Arena ELONo published ELO1503GPQA Diamond47%91.3%MINIMAX M2.5OPUS 4.6

Coding

80.2%

#1 open-weight · within 0.6% of Opus

Science

47%

44 points behind Opus · below frontier

The numbers

World-class at one thing, below average at everything else.

BenchmarkMiniMax M2.5Opus 4.6Kimi K2.5Notes
SWE-bench Verified (coding)80.2%80.8%76.8%MiniMax within 0.6% of Opus
GPQA Diamond (science)47%91.3%87.6%44 points behind Opus
AIME 2026 (math)~78-88%92.8%96.1%Kimi is the math king
Arena ELO (overall)none15031447No published ELO for MiniMax

The GPQA row is the story. 47% on science-and-reasoning when the frontier is 91%. Kimi K2.5 scores 87.6% on GPQA with thinking mode turned off, 40 points higher than MiniMax with thinking always on. MiniMax didn't just deprioritize science. It abandoned it.

How they did it

Specialization is a training choice.

MiniMax M2.5 uses interleaved thinking: multi-step reasoning baked into the architecture, always on, no off switch. Hours spent optimizing for SWE-bench-style tasks (cloning repos, navigating file trees, writing patches, running tests) are hours not spent on scientific reasoning or mathematical proof chains.

The 47% GPQA is the price of 80.2% SWE-bench. MiniMax chose its battle and won it.

Total parameters

229B

MoE: routes to specialized experts

Active per token

10B

Tuned for code generation patterns

Hardware

What it costs to run.

MiniMax is cheaper than Kimi but only gives you coding. Kimi gives you everything.

ModelArchitectureVRAMHardwareCost
MiniMax M2.5229B MoE, 10B active~457 GB4× H100$100-120K buy / ~$5K/mo
Kimi K2.5~1T MoE, 32B active~600 GB8× H100$180-240K buy / ~$8K/mo
Claude Opus 4.6Unknown (API only)API onlyAPI only~$15/$75 per MTok

Decision matrix

When MiniMax M2.5 is the right choice.

Use caseMiniMax?Why
Pure coding agentYesIf all it does is read code, write patches, and run tests: MiniMax is nearly Opus-level
Code + architecture reasoningMaybeDepends how much reasoning the architecture decisions require
Code + data analysisNoData analysis requires math and statistical reasoning, MiniMax’s weak point
General-purpose assistantNo47% GPQA means it can’t handle basic science questions
Research + codingNoAny task that requires understanding papers, specs, or protocols is out

Open weights reached 80.2% SWE-bench. The model ceiling is reachable.

The next frontier is the scaffold, not the model.

The bigger picture

Specialist models are a signal.

Before MiniMax M2.5, the assumption was that open-weight models couldn't touch frontier APIs on coding. Now the gap is 0.6%. That changes the conversation from "which model is best?" to "what's wrapped around the model?"

SWE-bench Pro shows a 22+ point swing between different agent scaffolds using the same model. That's 3× the gap between MiniMax and Opus. The retrieval infrastructure, context management, and tool orchestration matter more than the model weights.

MiniMax proved the model ceiling is reachable. The next frontier is the scaffold, and that's where Interlinked Files lives. Machine-wide retrieval that turns any model into a better coding agent.

Benchmark scores from published model cards, SWE-bench leaderboard, and Arena Leaderboard. Hardware costs are approximate retail/cloud. February 2026.