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Tencent Releases Hy3 Preview: 295B Parameter AI Model Outperforms Chinese Competitors
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Tech·4/23/2026AI summary

Tencent Releases Hy3 Preview: 295B Parameter AI Model Outperforms Chinese Competitors

Tencent unveiled Hy3 preview, an open-source 295-billion parameter Mixture-of-Experts AI model with only 21 billion active parameters. The model demonstrates dramatic improvements: SWE-bench coding benchmark jumped from 53.0% to 74.4%, Terminal-Bench rose to 54.4%, and BrowseComp reached 67.1%. Priced at $0.18/$0.59 per million input/output tokens, it outperforms Chinese competitors like GLM-5 and Kimi-K2.5 while using a fraction of the compute cost.

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