MINIMAX'S HAILUO 02 TOPS GOOGLE VEO 3 IN USER BENCHMARKS AT MUCH LOWER VIDEO COSTS

Summary from the TLDR AI newsletter

MiniMax's second-generation video AI model, Hailuo 02, features major upgrades in both performance and price. It uses an architecture called Noise-aware Compute Redistribution that improves training and inference efficiency by a factor of 2.5. The architecture handles long video sequences differently depending on the stage of training. Hailuo 02 has three times more parameters and four times more training data compared to its previous version. A video generated with the model is available in the article.