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  "markdown": "First author of MiniMax Sparse Attention.\n\n## What Xunhao builds\n\n- [MiniMax-M3.1-Flash](https://www.anchorterminal.com/tools/minimax-m3-1-flash.md), graded D, 50.5/100, in Open-weight models. MiniMax-M3.1-Flash is MiniMax's open-weight mixture-of-experts model for coding, agent work, computer use and cybersecurity, about 428B parameters with 23B active, taking text, images and video with up to 1M tokens of context. First author of MiniMax Sparse Attention, researched 2026-10-27.\n\n## Works with\n\n- [Yan Junjie](https://www.anchorterminal.com/people/yan-junjie/), Co-founder and CEO\n- [Yeyi Yun](https://www.anchorterminal.com/people/yeyi-yun/), Co-founder and President\n\n## Questions\n\n### Who is Xunhao Lai?\n\nXunhao Lai is first author of MiniMax Sparse Attention.\n\n### What does MiniMax make?\n\nAnchor Terminal lists MiniMax-M3.1-Flash from MiniMax. MiniMax-M3.1-Flash is MiniMax's open-weight mixture-of-experts model for coding, agent work, computer use and cybersecurity, about 428B parameters with 23B active, taking text, images and video with up to 1M tokens of context.\n\n### How are Xunhao's tools graded?\n\nMiniMax-M3.1-Flash is graded D, 50.5 out of 100, on Anchor Terminal's benchmark, which scores every listing against the same checklist.\n\n## Sources\n\n- https://cn.linkedin.com/in/yeyi-yun-ba051b220\n- https://www.minimax.io/news/minimax-announces-first-half-2026-financial-results-1787744160\n- https://huggingface.co/MiniMaxAI/MiniMax-M3.1-Flash\n- https://arxiv.org/abs/2606.13392\n- https://xunhaolai.github.io/\n- https://www.minimax.io\n- https://agent.minimax.io/docs/code/welcome\n- https://platform.minimax.io/docs/faq/contact-us\n- https://www.minimax.io/about\n\nThese are the people building the tools we list, named for their public role in the company or project behind a listing, from public pages, with the date it was researched. They don't work for Anchor Terminal (our own team is on the about page, /about/#author). We show public roles, public profiles and what the listing pages show, nothing private. To correct something, send an about or a photo, or have a page removed, write to privacy@anchorterminal.com.\n",
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