GPT-4.1 Mini vs Hunyuan Hy4 Preview

OpenAI · US  |  Tencent · China · Updated June 2026

Quick verdict

Pick GPT-4.1 Mini for very cheap high-volume text work at $0.40 in / $1.60 out per million tokens or instruction following above its weight class — 84.1% on ifeval, beating gpt-4o. Pick Hunyuan Hy4 Preview for gpqa diamond (92.3) or terminal-bench (85.4). Choose Hunyuan Hy4 Preview if you need self-hosting or data privacy; GPT-4.1 Mini if you want a managed API.

GPT-4.1 Mini (OpenAI, US) and Hunyuan Hy4 Preview (Tencent, China) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. GPT-4.1 Mini is a cheap, fast 1M-context workhorse with strong instruction following but weak coding — already retired from ChatGPT. Hunyuan Hy4 Preview is tencent's open-sourced (Apache 2.0) next-generation Hunyuan flagship preview, released August 28, 2026 as a 770B-parameter (49B active) MoE model that helped optimize its own training pipeline. They diverge most on price, context window and open vs. closed weights — each quantified below from the models' real specs.

Key differences at a glance

Side-by-side specs

SpecGPT-4.1 MiniHunyuan Hy4 Preview
ProviderOpenAI (US) Tencent (China)
ReleasedApril 14, 2025 August 28, 2026
Context window1M (~1,571 pages) 1M+ tokens (~1,500 pages)
Price (in/out)$0.4/$1.6 per 1M tokens $0.834/$2.501 per 1M tokens
Open weight?No — API only Yes — self-hostable
Modalitiestext, image, code text
SWE-Bench Verified23.6% Not published
MRCR v2 @ 1MNot published Not published

Who wins what

Very cheap high-volume text work at $0.40 in / $1.60 out per million tokens

GPT-4.1 Mini

At $0.4/$1.6 per 1M tokens it undercuts Hunyuan Hy4 Preview ($0.834/$2.501 per 1M tokens), and that gap compounds at volume.

Instruction following above its weight class — 84.1% on IFEval, beating GPT-4o

GPT-4.1 Mini

A cheap, fast 1M-context workhorse with strong instruction following but weak coding — already retired from ChatGPT — and it runs cheaper at $0.4/$1.6 per 1M tokens.

Multi-turn coherence for its tier — 35.8% on MultiChallenge, roughly 1.8x GPT-4o mini

GPT-4.1 Mini

GPT-4.1 Mini lists multi-turn coherence for its tier — 35.8% on MultiChallenge, roughly 1.8x GPT-4o mini among its strengths; Hunyuan Hy4 Preview does not.

GPQA Diamond (92.3)

Hunyuan Hy4 Preview

Tencent's open-sourced (Apache 2.0) next-generation Hunyuan flagship preview, released August 28, 2026 as a 770B-parameter (49B active) MoE model that helped optimize its own training pipeline — and its weights are open while GPT-4.1 Mini is API-only.

Terminal-Bench (85.4)

Hunyuan Hy4 Preview

GPT-4.1 Mini is comparatively weak here — weak at agentic coding — its 23.6% on SWE-Bench Verified sits below GPT-4o's 33.2%

SWE-bench Multilingual (82.9)

Hunyuan Hy4 Preview

Tencent's open-sourced (Apache 2.0) next-generation Hunyuan flagship preview, released August 28, 2026 as a 770B-parameter (49B active) MoE model that helped optimize its own training pipeline — and it is the newer of the two.

Lowest cost at scale

GPT-4.1 Mini

At $0.4/$1.6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.

Which should you pick?

A cost-sensitive startup shipping high volume

GPT-4.1 Mini

At $0.4/$1.6 per 1M tokens it undercuts Hunyuan Hy4 Preview, and on millions of tokens that margin decides the monthly bill.

Someone analysing very long documents or codebases

GPT-4.1 Mini

Larger 1M window fits more in one prompt.

A team with data-privacy or self-hosting needs

Hunyuan Hy4 Preview

Open weights let you run it on your own hardware; GPT-4.1 Mini is API-only.

Anyone whose priority is very cheap high-volume text work at $0.40 in / $1.60 out per million tokens

GPT-4.1 Mini

It is specifically built for that.

Anyone whose priority is gpqa diamond (92.3)

Hunyuan Hy4 Preview

That is its strongest area.

An enterprise with regional data-residency rules

GPT-4.1 Mini or Hunyuan Hy4 Preview

Origin (US vs China) affects where data is processed and which compliance regime applies — check the provider's terms for your region.

GPT-4.1 Mini: where it fits

A cheap, fast 1M-context workhorse with strong instruction following but weak coding — already retired from ChatGPT. Released April 14, 2025 by OpenAI, it is built for very cheap high-volume text work at $0.40 in / $1.60 out per million tokens, instruction following above its weight class — 84.1% on IFEval, beating GPT-4o, multi-turn coherence for its tier — 35.8% on MultiChallenge, roughly 1.8x GPT-4o mini, and a full 1M context at flat pricing, with no long-context premium.

Its trade-offs are real: weak at agentic coding — its 23.6% on SWE-Bench Verified sits below GPT-4o's 33.2%, retired from ChatGPT in February 2026, and OpenAI's own docs now point users to GPT-5 mini instead, and a June 2024 knowledge cutoff, now roughly two years stale, and no reasoning mode. At $0.4 in / $1.6 out per million tokens, it sits in the budget price band.

Hunyuan Hy4 Preview: where it fits

Tencent's open-sourced (Apache 2.0) next-generation Hunyuan flagship preview, released August 28, 2026 as a 770B-parameter (49B active) MoE model that helped optimize its own training pipeline. Released August 28, 2026 by Tencent, it is built for gPQA Diamond (92.3), terminal-Bench (85.4), sWE-bench Multilingual (82.9), and large jump in long-horizon coding vs prior Hunyuan model (DeepSWE 28.0 to 64.3).

Its trade-offs: text-only, no native vision support, labeled a 'preview', not yet Tencent's finalized GA flagship, and sWE-Marathon score still low in absolute terms (31.9) despite a large relative jump. At $0.834 in / $2.501 out per million tokens, it sits in the budget price band.

The bottom line for this matchup

The defining split here is open vs. closed. Hunyuan Hy4 Preview gives you weights you control — self-host it, fine-tune it, keep data in-house, pay only for hardware. GPT-4.1 Mini gives you a managed, always-updated API with no infrastructure to run. Teams with GPUs, privacy requirements, or huge volume often favour the open model; teams that want zero ops and the latest capabilities favour the closed one. Capability is close enough that this operational question, not the benchmark, usually decides it.

Want both GPT-4.1 Mini and Hunyuan Hy4 Preview without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.

See pricing

Frequently asked questions

Is GPT-4.1 Mini or Hunyuan Hy4 Preview better for coding?

Public SWE-Bench figures are not available for Hunyuan Hy4 Preview, so the honest test is your own repository — run an identical real bug through both. By design, GPT-4.1 Mini leans toward very cheap high-volume text work at $0.40 in / $1.60 out per million tokens while Hunyuan Hy4 Preview leans toward gpqa diamond (92.3), and that positioning usually predicts which feels better on your codebase.

Which is cheaper, GPT-4.1 Mini or Hunyuan Hy4 Preview?

Hunyuan Hy4 Preview is open-weight, so self-hosting means no per-token fee (you pay for hardware instead), while GPT-4.1 Mini is API-metered at $0.4/$1.6 per 1M tokens. For most teams without GPUs, the API model is cheaper to start; at very high volume, self-hosting can win.

Which has the bigger context window?

Effectively neither — 1M vs 1M+ tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.

Can I use both GPT-4.1 Mini and Hunyuan Hy4 Preview together?

Yes — a multi-model platform like LumiChats gives you GPT-4.1 Mini, Hunyuan Hy4 Preview and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.

Which is newer, GPT-4.1 Mini or Hunyuan Hy4 Preview?

Hunyuan Hy4 Preview — released August 28, 2026, about 17 months after GPT-4.1 Mini.

Related comparisons

Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.