Minimax-H3 video model released, open weights coming in the next few days

https://x.com/MiniMax_AI/status/2083006198828417501?s=20
Quote from their article:
Today, we're launching MiniMax H3, a general-purpose multimodal generation model. H3 understands unified context across text, images, video, and audio, generating video with native stereo sound, up to 15 seconds at 2K resolution.

Early testing shows H3 is ready for commercial content creation across a wide range of use cases, excelling at instruction following, accurate text and brand rendering, and V2V motion transfer. With precise, controllable multimodal generation and editing, H3 is built for advertising, branding, e-commerce, product design, UI/UX, gaming, and more.

Powered by technologies including Contextual Omni Representation, H3-VAE, H3-Omni Transformer, and In-Context Regeneration, H3 delivers industry-leading price-performance. We offer 2K resolution by default. At 2K, H3's per-second price is less than a third of mainstream models, and at 768p, it's less than half the price of mainstream models' 720p.

Closed-source models have long dominated video generation, with slower iteration and a less open ecosystem than fields like large language models. To support the open-source community, accelerate compatibility with a broader range of AI hardware, and make it easier for users to build their own customized versions, we plan to open up the model weights in the coming days, subject to applicable laws and regulations. Hardware compatibility has been a key consideration since the earliest stages of H3's design.