Tencent just made its most powerful AI model available to basically everyone. The company’s Hunyuan team released the full version of Hy3, a 295-billion-parameter Mixture-of-Experts model, under the Apache 2.0 license, removing the geographic licensing restrictions that had kept some of China’s best open-weight models out of reach for enterprises operating in the EU, UK, and South Korea.
For crypto firms that have been quietly building AI-powered trading systems, compliance tools, and on-chain analytics, the timing matters. A model with 21 billion active parameters, enterprise-grade reliability claims, and no strings attached on commercial use just entered the arena at a price point that makes OpenAI’s API look like a luxury subscription.
What Tencent actually shipped
The full Hy3 release is a significant upgrade from the preview version that launched on April 23, 2026, under the more restrictive Tencent Hy Community License. That earlier version was technically impressive but came with enough legal baggage that corporate counsel at globally operating firms would kill the deployment before engineers finished benchmarking it.
The new version solves that problem entirely. Apache 2.0 is about as permissive as open-source licenses get: use it, modify it, sell products built on it, no royalties, no geographic restrictions.
