Side-by-side comparison of Hy3-preview (Tencent) and MiniMax M2 (MiniMax · China) for self-hosted deployment of the open-weight model. Hy3-preview is rated blocked; MiniMax M2 is conditional. They part ways on licence: Hy3-preview is "Tencent Hy Community", MiniMax M2 is "Modified MIT".
| Field | ||
|---|---|---|
| Summary | ||
| Verdict | Blocked Per the Tencent Hy Community License Agreement (Sections 1(l) and 5(c)), the licence's defined Territory excludes the European Union, the United Kingdom and South Korea, and licensees are expressly prohibited from using, distributing or displaying the model or its outputs outside that Territory. Under those terms the weights are not deployable for EU users or workloads, regardless of architecture quality. | Conditional 229B agent-focused model from MiniMax, Modified MIT. Strong software-engineering and tool-use benchmarks. Family has iterated fast (M2 / M2.1 / M2.5 / M2.7 across 2025-2026). Same Chinese-origin alignment and supply-chain considerations as DeepSeek, Qwen, Kimi. |
| Last reviewed | 2026-04-28 | 2026-04-16 |
| Open-weight | ||
| Licence | Tencent Hy Community | Modified MIT |
| Commercial use | EU territory excluded | Yes |
| Training data | Undisclosed | Undisclosed |
| Origin | China | China |
| Performance & pricing? | ||
| Quality index | 42/100 | 36/100 |
| Speed | 85 tok/s | 72 tok/s |
| Blended price | — | $0.53/M |
| Context window | — | — |
| Evidence | ||
| Sources | ||
No overlapping sources between the two entries.