The H3 Max video generation model, a collaborative effort between MiniMax and fal, has showcased remarkable performance. It can generate a 5-second 768p video in under 3 seconds, boasting a throughput 35 times greater than that of the original H3 model. This achievement has propelled it to the top of mainstream image-to-video generation rankings. Leveraging this model, three AI live streaming rooms were established within a single week. These rooms offer a range of experiences, including live streams with real-time generated content that lacks fixed programming, on-demand live streams tailored to viewer requests, and continuous story live streams that incorporate viewer command interventions. In parallel, developers have crafted an AI-powered version of Douyin. H3 Max facilitates the real-time generation of AI videos, ushering in a novel avenue for real-time commercialization. Considering the aesthetic diversity within the video generation domain, the industry will not be driven solely by price competition. The high cost of user migration, combined with the barriers erected by an open-source ecosystem, endows H3 Max with substantial advantages. Previously, the H3 model, open-sourced by MiniMax, garnered 24 million downloads within three weeks, spawning over 300 derivative models. The capital market maintains an optimistic outlook on its commercialization potential, fueling an uptick in MiniMax's stock price.