Chinese startup MiniMax has introduced H3, a new video-generation model that reportedly cuts costs by roughly 70% compared to competitors like Kuaishou's Kling 3.0 and ByteDance's Seedance 2.0. The H3 model is capable of producing 15-second, 2K-resolution clips that include native stereo audio and allows for editing through multimodal prompts. MiniMax intends to make the model weights available to the public, enabling developers to download, adjust, and tailor the technology to their needs.

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