MiniMax M3 Benchmarks and the Shrinking Moat

MiniMax M3 reportedly beats GPT-5.5 and Gemini 3.1 Pro on SWE-Bench Pro and surpasses Opus 4.7 on SVG-Bench. At 1T parameters even a $150K GB300 DGX workstation likely needs pairing, so cloud inference remains the practi…