Hailuo, is a high-resolution generative AI Video Model that competes with Sora from OpenAI, RunwayML and Luma’s AI Dream Machine.
The company behind Hailuo, is MiniMax, which has also released an open source version of MiniMax-01 Series, which is a new model that handles ultra-long context and enhance AI Agent Development.
The MiniMax-01 models, which include MiniMax-Text-01 and MiniMax-VL-01, are open-sourced and feature an innovative Lightning Attention mechanism that offers an alternative to traditional Transformer architectures. With a massive scale of 456 billion parameters, these models can efficiently handle context lengths of up to 4 million tokens, significantly surpassing other leading models. They match the performance of top-tier models globally, demonstrating minimal degradation with longer inputs and achieving 100% accuracy in specific long-context tasks.
The models are available through cost-effective APIs, priced at USD $0.2 per million input tokens and USD $1.1 per million output tokens. MiniMax is committed to regular updates and enhancements, supporting the development of complex AI agents and encouraging further research in long-context understanding. Access to the models is provided on the MiniMax Open Platform and through Hailuo AI. More details can be found on their GitHub page.
In benchmark tests that MiniMax posted to its official WeChat account, the new foundational language model was shown to be on par with the world’s leading AI models in evaluations that included maths problem solving, domain knowledge, the ability to follow instructions, and avoiding hallucinations or factual errors.
MiniMax’s release of an industry-leading AI system comes just weeks after Hangzhou-based rival DeepSeek took the world’s tech community by storm with its open-source V3 model in December. Growing competition in the country’s crowded and rapidly evolving AI market has pushed tech giants and start-ups alike into a race to outdo each other every few months with new releases.t.
MiniMax’s new models also perform comparably to leading closed-source models like Google’s Gemini and ChatGPT. However, Chinese AI start-ups face monetization challenges, as larger tech firms like ByteDance can offer AI products for free to a vast user base. MiniMax’s Talkie app, a significant revenue source, has been removed from Apple’s App Store due to unspecified technical issues, although it remains available on Android.
About Hailou
Hailou is a dynamic and innovative company dedicated to delivering high-quality solutions tailored to meet the ever-evolving needs of its clients. With expertise in advanced software development, data analytics, and cloud-based technologies, Hailou specializes in providing cutting-edge products and services that empower businesses and individuals to achieve their goals efficiently.
Its solutions are widely used across industries such as healthcare, finance, retail, and education, enabling clients to streamline operations, enhance decision-making, and drive digital transformation. By fostering a culture of collaboration, creativity, and customer-centricity, Hailou continues to set new standards in its industry, ensuring sustainable growth, long-term success, and measurable impact for its partners.
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