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MINIMAX-W: H3 Becomes World's Most Downloaded Open-Weight Model
2026-11-12 11:40:56 Regarding the AI ecosystems in China and the US, MINIMAX-W (00100.HK) founder and CEO Yan Junjie said the US system relies on massive capital to support closed systems, while the Chinese system relies on efficiency to support collaboration. US companies have more computing power, more capital and more chip supply channels, while Chinese companies have to use every unit of computing power more efficiently. MiniMax has two main product lines at the moment. The M series is a language model focused on code generation and agent tasks, while the H series is a video generation model, with H3 as its flagship model. Yan revealed that H3 has become the world's most downloaded open-weight model, with about 25 million downloads in a single month. Within two weeks after the model's release, external developers built about 300 derivative models based on it. ~ AASTOCKS Financial News Website: www.aastocks.com | |