GPT‑5.4 Thinking Reviews

MiniMax M2.5 is a next-generation foundation model built to power complex, economically valuable tasks with speed and cost efficiency. Trained using large-scale reinforcement learning across hundreds of thousands of real-world task environments, it excels in coding, tool use, search, and professional office workflows. In programming benchmarks such as SWE-Bench Verified and Multi-SWE-Bench, M2.5 reaches state-of-the-art levels while demonstrating improved multilingual coding performance. The model exhibits architect-level reasoning, planning system structure and feature decomposition before writing code. With throughput speeds of up to 100 tokens per second, it completes complex evaluations significantly faster than earlier versions. Reinforcement learning optimizations enable more precise search rounds and fewer reasoning steps, improving overall efficiency. M2.5 is available in two variants—standard and Lightning—offering identical capabilities with different speed configurations. Pricing is designed to be dramatically lower than competing frontier models, reducing cost barriers for large-scale agent deployment. Integrated into MiniMax Agent, the model supports advanced office skills including Word formatting, Excel financial modeling, and PowerPoint editing. By combining high performance, efficiency, and affordability, MiniMax M2.5 aims to make agent-powered productivity accessible at scale.