This Chinese AI Video Model Beats Google Veo 3 in Every Way — For Just $8/Month

A small Chinese startup has just released a text-to-video model that’s beating Google’s much-hyped Veo 3 across nearly every major benchmark. Meet MiniMax’s Hailuo 02. From physics simulation to prompt accuracy, Hailuo 02 is winning over creators, developers, and the internet at large. And perhaps the most remarkable part? It’s available to everyone for just $8 a month, compared to Veo’s top-tier plan that can cost over $250. The platform became widely known after a user-generated video of a cat performing Olympic-style dives spread across TikTok, Reddit, and Instagram. That video was made using Hailuo 02, a second-generation AI model from the Chinese startup MiniMax. Since then, the platform has generated over 3.7 billion videos. As TechRadar reported, “Hailuo 02 […]