PANews, August 7—Ethereum co-founder Vitalik Buterin posted that MiniMax H3 is the first open-source video model he has seen whose performance surpasses Tencent’s HunyuanVideo 1.5, and he said that Tencent’s Hunyuan has been able to maintain its lead over the long term is an impressive achievement.

Vitalik said that compared with frontier models in the field of image and video generation, text models are becoming increasingly closed, and that H3 is an important step toward bringing this field back to openness. He also demonstrated a video generated by H3, saying that it took about 30 minutes to complete on his own AMD laptop.