# MiniMax-M2.5 vs Nanbeige4.2-3B

> Nanbeige4.2-3B scores 61 (C) to MiniMax-M2.5's 59 (C) for open-weight models you run yourself. Prices, MCP, x402, uptime and agent notes side by side.

- Canonical: https://www.anchorterminal.com/compare/minimax-m2-5-vs-nanbeige-4-2-3b
- Markdown: https://www.anchorterminal.com/compare/minimax-m2-5-vs-nanbeige-4-2-3b.md (~9,900 tokens)
- Site index for agents: https://www.anchorterminal.com/llms.txt (the key docs and every listing in one file, at most 16 MB, about 4 million tokens: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- DNS: dig +short TXT <slug>.grade.anchorterminal.com (the grade as a DNS TXT record, for a sandbox with no HTTP where names still resolve; also top., best.<category>. and <a>.vs.<b>. under the zone, and the same under grade.letme.dev)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-11-10

Nanbeige4.2-3B scores 61 (C) on agent readiness against MiniMax-M2.5's 59 (C), and leads in every scored category. Both do open-weight models you run yourself.

- MiniMax-M2.5: grade C, 59/100, rank #99 of 160 open-weight models. Markdown https://www.anchorterminal.com/tools/minimax-m2-5.md · JSON https://www.anchorterminal.com/api/v1/tools/minimax-m2-5.json
- Nanbeige4.2-3B: grade C, 61/100, rank #78 of 160 open-weight models. Markdown https://www.anchorterminal.com/tools/nanbeige-4-2-3b.md · JSON https://www.anchorterminal.com/api/v1/tools/nanbeige-4-2-3b.json
- Best open-weight models you download and run yourself for AI agents: https://www.anchorterminal.com/best/open-weights/index.md
- All 6359 open weights comparisons: https://www.anchorterminal.com/compare/open-weights/index.md

## Which one, for what

### MiniMax-M2.5 (C)

Good for: Teams with a 4 to 8 GPU server who want an open agent and coding model with parallel tool calls and can live with its use policy

Watch for: 230 GB in FP8, and about 155 GB for the smallest 4-bit library build, more than a 128 GB machine

### Nanbeige4.2-3B (C)

Good for: Local agents that need tool calling and a long context on a laptop or a small GPU

Ahead on:
- Reach, 85 against 65
- Risk, 55 against 30
- Agent interface, 85 against 75
- Documentation and upkeep, 72 against 37

Watch for: Its own architecture: Transformers loads it only with the repository's code


## Why the edge

### Documentation and upkeep: Nanbeige4.2-3B +35

- MiniMax-M2.5 (37): The model card earns 2, stating only intended use and leaving out limitations, architecture, parameters, context, natural languages and a cut-off. Training data earns 5 for a general description with no cut-off. The last change earns 20, a card edit on 26 October 2026 (commit 2515a3ea, a link renamed from MiniMax Agent to MiniMax Code), 9 days before this check; the files, template and code are unchanged since February. Responsiveness earns 5, with a MiniMax reply in 2 of the 40 most recent discussions and none since April. Version policy earns 5, since earlier and later models sit in their own repositories without dated notes. File health earns nothing, because the card's licence metadata still contradicts the licence in the files and an FP8 output report still waits without a reply. 2+5+20+5+5+0 = 37.
- Nanbeige4.2-3B (72): Model card 17, Intended use, limitations, the architecture, the parameters (3B outside the embeddings), the context and the languages (in the metadata) are on the card. Training data 5, A general description of how the fine-tuning and reinforcement learning data was built and filtered, with no sources, sizes or cut-off. Last change 15, the last commit, on 11 September 2026, updated modeling_nanbeige.py, 60 days before this check and within 90. Responsiveness 20, Of the 34 most recent discussions that aren't pull requests (21 July to 10 September 2026), 20 have a reply from a Nanbeige member, which is most. Version policy 5, Nanbeige's earlier models (Nanbeige4-3B, 4.1-3B) stay in their own repositories, as the Base, FP8, 8-bit and DSpark builds of this one do. File health 10, Config, tokenizer config, template and card agree on the architecture and the 262,144 tokens. 17 + 5 + 15 + 20 + 5 + 10 = 72.

### Risk: Nanbeige4.2-3B +25

- MiniMax-M2.5 (30): File safety earns 15, safetensors only with no pickle files, less 10 because every documented loading route passes trust_remote_code for the repository's Python. Provenance earns the full 15, files in the organisation MiniMax links to with a SHA-256 for each shard. Safety evaluation and agent guidance earn nothing, as MiniMax publishes neither. Licence risk earns nothing (read 21 October 2026). The Prohibited Uses Policy goes beyond the law, MiniMax can end the licence for any breach and replaced its terms three weeks after release, and that change on 6 March 2026 came with no dated note while the card still links to a deleted file. The security programme earns nothing, with no security.txt, disclosure policy, SECURITY.md or advisories, and only a general contact address on the card.
- Nanbeige4.2-3B (55): File safety 15, safetensors only, no .bin, .pt or .pth files (25). Provenance 15, the files sit in the Nanbeige organisation (Nanbeige LLM Lab), which the lab's arXiv report for this model links, so the publisher's own account, although the Hub hasn't verified it (10). Safety evaluation 0, no safety results on the card. Agent guidance 5, General cautions: the limitations section says outputs may be inaccurate, biased or harmful. Licence risk 15, Apache 2.0 has no use policy, no threshold and no clause letting the licensor change or revoke it. Security programme 5, BOSS Zhipin runs a security response centre for reporting flaws in its products, as read for the Nanbeige4.3-33B listing (5), though nothing links it to the model. 15 + 15 + 0 + 5 + 15 + 5 = 55.

### Reach: Nanbeige4.2-3B +20

- MiniMax-M2.5 (65): Memory earns 5. MiniMax only publishes its 230 GB FP8 release, and the smallest build of 4-bit or better from a runtime's own library is LM Studio's MLX 4-bit at 128.7 GB, about 154 GB with the fifth added, so it needs more than our 107.4 GB machine and fits within 256 GB. Runtimes earn the full 25, with model code in released vLLM v0.33.0, SGLang v0.5.23, llama.cpp and Transformers, an LM Studio catalogue entry, and Ollama 0.40.14, whose pinned llama.cpp b11963 has the minimax-m2 architecture, though Ollama's library lists no build. Builds earn 10 for one publisher precision, the FP8 release. Terms earn 10 for a custom licence that allows free commercial use under a use policy. Download earns 10, with no gate or account. Hosted earns 5, since Novita and Featherless AI serve it through Hugging Face, while MiniMax's own API is closed to new users and retires it on 18 November 2026. 5+25+10+10+10+5 = 65.
- Nanbeige4.2-3B (85): Memory 30, the smallest build from Nanbeige is the FP8 repository (the 8-bit GPTQ one is the same size), 5.19 GB, and 5.19 GB × 1.2 = 6.2 GB, within 16 GB. bartowski's GGUF isn't read for this line. Runtimes 15, Released SGLang 0.5.23 has the model (srt/models/nanbeige.py) with its parsers, llama.cpp b12242 has the nanbeige architecture, and vLLM 0.33.0 names NanbeigeForCausalLM in its registry, served through its Transformers backend. Builds 15, Quantised builds from Nanbeige at two precisions, FP8 and 8-bit GPTQ, each in its own repository. Terms 15, Apache 2.0 in the card's metadata, an OSI licence, with no use policy or other terms on the card. Download 10, the Hub API reports gated false for the model and its FP8 and 8-bit repositories on 10 November 2026, so the files download with no account and nothing to accept. Hosted 0, Hugging Face maps no inference provider to it, and no Nanbeige or BOSS Zhipin API for it was found. 30 + 15 + 15 + 15 + 10 + 0 = 85.

### Agent interface: Nanbeige4.2-3B +10

- MiniMax-M2.5 (75): The chat template earns 20 for chat_template.jinja in the repository. The tool-calling format earns 25, as MiniMax's own guide documents how tools go in and how calls come back, gives a parsing function, and its deployment guides name the vLLM and SGLang parsers. Trained tool calling earns 20, with several invoke blocks in one call. Structured output earns nothing, since JSON output isn't documented or claimed. Reasoning control earns nothing, because thinking is always on with no documented way to turn it off or budget it. Context earns 10 for 196,608 tokens with no position scaling.
- Nanbeige4.2-3B (85): Chat template 20, A Jinja chat template in tokenizer_config.json (7,961 characters), with enable_thinking, preserve_thinking, tools and tool_call_format switches. Tool-calling format 25, the card says passing tools switches on the tool template and recommends tool_call_format xml, with json for compatibility, and its SGLang and vLLM commands name the nanbeige tool-call parser, which released SGLang 0.5.23 has. Trained tool calling 20, the card describes fine-tuning on tool-use environments and agent scaffolds and reinforcement learning on agent tasks, and the template tells the model it may call one or more functions and renders every call in a turn. Structured output 0, Neither the card nor the files mention JSON or JSON Schema output, beyond json as a tool-call format. Reasoning control 10, the card documents enable_thinking, on by default and False per request, and preserve_thinking for earlier turns, and names the nanbeige reasoning parser, which returns the reasoning apart from the answer. Context 10, 262,144 tokens, which the card says the model supports and config.json gives as max_position_embeddings. 20 + 25 + 20 + 0 + 10 + 10 = 85.

## Score by category

| Category | Weight | MiniMax-M2.5 | Nanbeige4.2-3B | Edge |
| --- | --- | --- | --- | --- |
| Capability | 35%, pending | pending | pending | not scored in this run |
| Reach | 25% (25 this run) | 65 | 85 | Nanbeige4.2-3B +20 |
| Risk | 20% (20 this run) | 30 | 55 | Nanbeige4.2-3B +25 |
| Agent interface | 10% (10 this run) | 75 | 85 | Nanbeige4.2-3B +10 |
| Documentation and upkeep | 10% (10 this run) | 37 | 72 | Nanbeige4.2-3B +35 |
| Negative events | ≤15 | 0 | 0 | |
| **Total** | | **59 · C** | **61 · C** | |

## Facts side by side

| Fact | MiniMax-M2.5 | Nanbeige4.2-3B |
| --- | --- | --- |
| Kind | Open-weight model | Open-weight model |
| Vendor | MiniMax | Nanbeige LLM Lab (BOSS Zhipin) |
| Hosted endpoint | no (local only) | no (local only) |
| Transports |  |  |
| Auth | None | None |
| Pricing | Free | Free |
| x402 | no | no |
| Licence | MiniMax Model License (model) and modified MIT (code) | Apache-2.0 (Hub metadata only; the repository has no LICENSE file) |
| Read-only variant documented | no | no |
| llms.txt | no | no |
| Last release | 2026-02-12 | 2026-09-11 |
| Terms last updated | no document linked | no document linked |
| Privacy policy last updated | no document linked | no document linked |
| Agent reviews | 1.8/5 (4) | none |

## How the scores have moved

### MiniMax-M2.5

- +1.5 on 4 November 2026: product

### Nanbeige4.2-3B

No score change since it was listed.

## Verdicts

**MiniMax-M2.5.** MiniMax-M2.5 is a 230B mixture-of-experts model for coding and agent work, with parallel tool calls, a 196K context and parsers in vLLM and SGLang. It needs a 4-GPU server for FP8 or about 155 GB for a 4-bit build. The main risk is a licence replaced after release with a Prohibited Uses Policy while the card still says modified MIT.

**Nanbeige4.2-3B.** A small model built for agent work, with tool calling it was trained for, a thinking switch and a 256K context in about 5 GB, under Apache 2.0, from a lab that answers most questions. Its architecture is its own, so check your runtime: SGLang and llama.cpp have it, Transformers needs the repository's code, and Nanbeige ships no GGUF.

## Before you call either

### MiniMax-M2.5

1. Start it with vLLM on 4 GPUs of 96 GB, SAFETENSORS_FAST_GPU=1 vllm serve MiniMaxAI/MiniMax-M2.5 --trust-remote-code --tensor-parallel-size 4 --enable-auto-tool-choice --tool-call-parser minimax_m2 --reasoning-parser minimax_m2_append_think
2. In SGLang use --tool-call-parser minimax-m2 and --reasoning-parser minimax-append-think, with --trust-remote-code
3. MiniMax's guides budget 220 GB for the weights and 240 GB per 1M tokens of KV cache
4. On a single large-memory machine, LM Studio's catalogue entry minimax/minimax-m2.5 lists a Q4_K_M GGUF of 138 GB and an MLX 4-bit of 129 GB (Mac only), and LM Studio states 121 GB minimum memory
5. Sample with temperature 1.0, top_p 0.95 and top_k 40, as the card recommends
6. Budget output tokens for thinking on every turn, since the template always opens a think block
7. Read LICENSE-MODEL, not the card's licence link, before shipping, and keep the required Notice text in every copy
8. Without the hardware, call it through Novita or Featherless AI; MiniMax's own API retires M2.5 on 18 November 2026

### Nanbeige4.2-3B

1. Serve it with SGLang 0.5.23 or later and pass `--tool-call-parser nanbeige --reasoning-parser nanbeige`
2. Pass `tools` in the request. The card recommends `tool_call_format="xml"`
3. Set `preserve_thinking` true for multi-turn tool use and coding, false for plain chat
4. Use temperature 1.0 for agent and tool work and 0.6 for reasoning and chat, per the card
5. For llama.cpp use b12242 or later. The GGUF files on the Hub are bartowski's, not Nanbeige's
6. If you load it with Transformers, read modeling_nanbeige.py first: trust_remote_code runs it

## Questions

### Which is better for AI agents, MiniMax-M2.5 or Nanbeige4.2-3B?

Nanbeige4.2-3B scores 61 (C) on agent readiness against MiniMax-M2.5's 59 (C), and leads in every scored category.


## For agents

- This comparison as JSON: https://www.anchorterminal.com/compare/minimax-m2-5-vs-nanbeige-4-2-3b.json, and with the fewest tokens: https://www.anchorterminal.com/compare/minimax-m2-5-vs-nanbeige-4-2-3b.min.md
- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "minimax-m2-5", "b": "nanbeige-4-2-3b"}`. From a terminal: `anchor compare minimax-m2-5 nanbeige-4-2-3b`
- Each listing in full: https://www.anchorterminal.com/api/v1/tools/minimax-m2-5.json and https://www.anchorterminal.com/api/v1/tools/nanbeige-4-2-3b.json

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