MiniMax Releases Open-Source Full-Modal Model H3: Video Editing Ranks No. 1 Globally With Pricing Cut to One-Third of Competitors

MiniMax launched H3, its first open-source full-modal generation model for AI video.

H3 supports 2K output, 15-second audio-video generation, and leading video-editing performance.

MiniMax says it will open the weights soon and aims at enterprise use cases with local deployment.

The company also cut pricing to about one-third of comparable models, which could intensify price pressure in the market.