Tencent Launches Hy3 Model with 295 Billion Parameters Under Apache 2.0 License!

Tencent's Hy3 was released on July 6, 2026, featuring 295 billion parameters with an Apache 2.0 license, eliminating previous geographic restrictions. Developers can freely evaluate the model until July 21, 2026. Improvements include reduced hallucination and error rates. However, legal considerations under Chinese laws persist. The infrastructure demands significant GPU resources. Performance benchmarks show competitive results in search tasks but lag in coding capabilities. Self-hosting poses different risk profiles than using the API. Independent evaluations are still pending.