[Guolian Minsheng Overseas] Video models iterate rapidly, Minimax releases Hailuo3 open-source model, ByteDance releases seedance2.5 model

English summary

Event: Today Minimax released the hailuo3 model. H3 is a general-purpose full-modal generation model that supports unified understanding of multimodal contexts composed of text, images, videos, and sounds, and can output native dual-channel audio and video, supporting up to 15s 2K resolution. We believe the main highlights are as follows: Model open source: To promote the development of the open source community, accelerate the adaptation of domestic chips, and facilitate users who need to customize their own versions. The company plans to open model weights in the coming days in compliance with relevant laws and regulations. Extreme cost-effectiveness: Positioned as high cost-effectiveness, during the promotional period, third-party platforms offer 768P as low as 0.1 yuan/second, and 2K resolution as low as 0.2 yuan/second, with a price per second at less than 1/3 of mainstream models at 2K resolution, and less than 1/2 at 768P resolution. Commercial scenario applicability: It performs well in instruction following, motion transfer, etc., enabling precise and controllable multimodal content editing and generation, widely applicable to advertising, branding, e-commerce, product design, UI/UX, gaming, and other commercial scenarios.