Tencent’s New Hy3 AI Model Is the Most Efficient Chinese LLM No One’s Talking About

In brief

• Hy3 preview is a 295 billion parameter Mixture-of-Experts model with only 21 billion active parameters, making it cheaper to run than most rivals of similar capability.
• On SWE-bench Verified—a coding benchmark testing real GitHub bug fixes—it jumped from 53% (Hy2) to 74.4%, a 40%…