› On 10 November 2026 MiniMax, the Chinese company behind Hailuo AI and the H3 video model, released MiniMax H3-Image: an image generation and editing model that outputs about 16 megapixels (4K) natively, accepts up to 16 reference images and ships with open weights.
› The same evening I ran more than 170 images through it via API for less than 5 US dollars.
› Here is what MiniMax announced and what I measured myself.
› The short version: a 4K image costs about 0.034 USD during launch week and takes 22-24 seconds, photo and illustration quality is very good, and 16 references really work.