The $1,892 Agent: MiniMax M2.5 and the Dawn of Always-On Intelligence
TL;DR
MiniMax M2.5 is a 230B-parameter model that activates only 4% of its weights per token — yet scores 80% on SWE-bench Verified, putting it neck-to-neck with Anthropic Opus 4.6 at roughly 3% of the cost. At ~$1,892/year for a continuously running agent, the “always-on agent” is no longer a thought experiment. The cost of intelligence is approaching the cost of electricity, and Jevons’ Paradox says: demand is about to explode.
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