MiniMax·H3 (Hailuo 3) Launch Imminent: Video Generation Could Be the Next Coding-Level Track (0730)

English summary

# MiniMax·H3 (Hailuo 3) Launch Imminent: Video Generation Could Be the Next Coding-Level Track (0730) 1) The revenue potential of AI video has been validated. According to industry research, Seedance and Kling have annualized revenues of about USD 2 billion and USD 1 billion respectively (by year-end). Based on primary market experience, once a track has a product with USD 1 billion annualized revenue, # that is the starting point of maturity. Reference Cursor at the end of last year. 2) The coming video generation model H3 targets high-monetization 2B scenarios such as # advertising, e-commerce, and game UI, # with performance benchmarked against Seedance. From a large-model commercialization perspective, 2B is currently stronger than 2C in willingness to pay, penetration, and gross margin. 3) On the technical side, H3 enables # continuous editing of videos # while preserving original content as much as possible.…