Tencent has released Hy3, an open-source language model with 295 billion parameters built on a mixture-of-experts architecture. Only 21 billion parameters are active at any given time. Tencent says Hy3 matches models two to five times its size while cutting its hallucination rate in half to 5.4 percent.

Meituan released LongCat-2.0, a 1.6 trillion-parameter MoE model with 1M context for agentic coding, trained on domestic chips.

Tencent releases its 295B-parameter Hy3 AI model under Apache 2.0, removing geographic license restrictions and opening enterprise access for crypto firms.

Tencent has released Hy3, an open-source language model with 295 billion parameters built on a mixture-of-experts architecture. Only 21 billion parameters are active at any given…