DeepSeek-V3.2 (Thinking) vs MiniMax M2.7: Specs & Benchmark Comparison

CharacteristicDeepSeek-V3.2 (Thinking)MiniMax M2.7
CompanyDeepSeekMiniMax
Release DateNovember 30, 2025March 18, 2026
Parameters685B
MultimodalNoNo
Context (input)131K205K
Context (output)66K100K
Input Price / 1M$0.28$0.30
Output Price / 1M$0.42$1.20
Average Score0.90.0

Verdict

MiniMax M2.7 leads in 2 out of 3 comparison categories.

API Cost

DeepSeek-V3.2 (Thinking) is 2.1x cheaper: input $0.28/1M vs $0.30/1M tokens.

Context Window

MiniMax M2.7 supports a larger context: 205K vs 131K tokens.

Recency

MiniMax M2.7 is newer: released 3/18/2026 vs 11/30/2025.

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The DeepSeek-V3.2 (Thinking) and MiniMax M2.7 comparison is updated for 2026. Data includes benchmark results, API pricing, context window size and other specifications. For more detailed information, visit the DeepSeek-V3.2 (Thinking) or MiniMax M2.7 page. See also the complete list of AI model comparisons.