Tencent ships Hunyuan Hy3, a 295B open-weights MoE model under Apache 2.0

Tencent's official Hy3 release (295B total / 21B active parameters, 256K context) follows its April preview, with Tencent claiming intelligence comparable to flagship models 2-5x its size on coding, office, and financial-modeling tasks. It's Apache-2.0 licensed and available day-one on Hugging Face, ModelScope, and OpenRouter.

What it means Another serious, permissively-licensed open-weight model you can actually self-host and fine-tune — widening the field beyond DeepSeek and GLM for anyone evaluating what to run on their own infrastructure.