What it is
The job it was built for, and the job it is not for.
MiniMax M2 is a sparse large language model that activates a small fraction of its total parameters on each pass, which is what keeps it cheap and quick to serve. It was built for coding work that runs start to finish and for agents that chain many steps together, rather than for open-ended chat. It handles text only, so image, audio and video work needs a different model.