MiniMax AI has announced its new model, MiniMax H3, which features omni-reference capabilities, commercial-grade generation, and cost efficiency. The company has also stated that the model's weights are open, though specific details on parameter count and release availability are sought by users. MiniMax H3 is now accessible via the MiniMax API and HailuoAI.video. AI
IMPACT The release of MiniMax H3 with open weights and cost efficiency could spur further innovation and adoption in commercial AI applications.
RANK_REASON Frontier-lab model release with open weights. [lever_c_demoted from frontier_release: ic=2 ai=1.0]
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