AI model comparison

Hy3 vs MiniMax M3

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

tencent logo

Tencent

Hy3

Hy3 is a 295B-parameter Mixture-of-Experts model from Tencent (21B active, 192 experts with top-8 routing) built for reasoning, agentic workflows, and real-world production use.

Input / 1M
$0.08
Output / 1M
$0.33
Context
262K
minimax logo

MiniMax

MiniMax M3

MiniMax-M3 is a multimodal foundation model from MiniMax.

Input / 1M
$0.30
Output / 1M
$1.20
Context
1.05M

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

tencent logo

Hy3

3.6x cheaper for a typical chat

Higher intelligence score

minimax logo

MiniMax M3

29.2 vs 25.3 on Artificial Analysis

Larger context window

minimax logo

MiniMax M3

1.05M vs 262K tokens

Newer release

tencent logo

Hy3

Released July 6, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

tencent logoHy325.3
minimax logoMiniMax M329.2

Coding index

tencent logoHy358.8
minimax logoMiniMax M358.6

Agentic index

tencent logoHy324.1
minimax logoMiniMax M329.5

Pricing

Hy3 vs MiniMax M3 API pricing

Per-token API rates. Cheaper option highlighted.

Metrictencent logoHy3minimax logoMiniMax M3
Input tokensPer 1M tokens$0.08$0.30
Output tokensPer 1M tokens$0.33$1.20
Cached input (read)Per 1M tokens$0.02$0.06
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

tencent logoHy3$0.33
minimax logoMiniMax M3$1.20

Coding task

30K in, 4K out

tencent logoHy3$3.80$1.94 cached
minimax logoMiniMax M3$13.80$6.60 cached

Long document summary

150K in, 2K out

tencent logoHy3$13.04$3.75 cached
minimax logoMiniMax M3$47.40$11.40 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metrictencent logoHy3minimax logoMiniMax M3
Context window262K tokens1.05M tokens
Max output128K tokens512K tokens
Input typesTextImage, Text, Video
Output typesTextText
Reasoning effort levelsHigh, Low, NoneNot available
Default reasoning effortHighNot available
Release dateJuly 6, 2026May 31, 2026

Features

Supported features

API features available for each model.

Metrictencent logoHy3minimax logoMiniMax M3
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedSupported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedSupportedSupported
Verbosity controlNot supportedNot supported

Our take

Hy3 is 3.6x cheaper for a typical chat. MiniMax M3 scores higher on the Artificial Analysis Intelligence Index (29.2 vs 25.3). MiniMax M3 has the larger context window (1.05M vs 262K tokens). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is Hy3 or MiniMax M3 cheaper?

Hy3 is cheaper for a typical chat (2K input tokens and 500 output tokens). Hy3 costs $0.08 per 1M input tokens and $0.33 per 1M output tokens, while MiniMax M3 costs $0.30 per 1M input tokens and $1.20 per 1M output tokens.

Which has a bigger context window, Hy3 or MiniMax M3?

MiniMax M3 supports up to 1.05M tokens of context, compared with 262K for Hy3.

Is Hy3 smarter than MiniMax M3?

On the Artificial Analysis Intelligence Index, Hy3 scores 25.3 and MiniMax M3 scores 29.2, putting MiniMax M3 ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use Hy3 and MiniMax M3 at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see Hy3 and MiniMax M3 answer side by side and keep the better response.

tencent logominimax logo

Why choose? Ask both.

Send one prompt to Hy3 and MiniMax M3 at the same time. Compare the answers side by side and keep the best one.