Hunyuan Hy4 Preview vs MiMo-V2.6-Flash
Tencent · China | Xiaomi · China · Updated June 2026
Quick verdict
Pick Hunyuan Hy4 Preview for gpqa diamond (92.3) or terminal-bench (85.4). Pick MiMo-V2.6-Flash for same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price or 309b total parameters, 15b active per token (sparse moe) — a hybrid attention mechanism for efficiency. On a tight budget at scale, MiMo-V2.6-Flash is the value pick.
Hunyuan Hy4 Preview (Tencent) and MiMo-V2.6-Flash (Xiaomi) are two of the models people most often weigh against each other in 2026. 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. MiMo-V2.6-Flash is xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens. They diverge most on price and context window — each quantified below from the models' real specs.
Key differences at a glance
- ▸Price: MiMo-V2.6-Flash is about 6× cheaper on input ($0.14/$0.28 per 1M tokens vs $0.834/$2.501 per 1M tokens) — a large enough gap that at scale it can be the single biggest line item in the decision.
- ▸Context window: 1M+ tokens vs 1M tokens — within a few percent of each other, so treat this as a tie and test on your own long inputs, since usable recall varies by model.
- ▸Recency: MiMo-V2.6-Flash is the newer model by about 24 days (released September 21, 2026), usually meaning fresher training data and capabilities.
Side-by-side specs
| Spec | Hunyuan Hy4 Preview | MiMo-V2.6-Flash |
|---|---|---|
| Provider | Tencent (China) | Xiaomi (China) |
| Released | August 28, 2026 | September 21, 2026 |
| Context window | 1M+ tokens (~1,500 pages) | 1M tokens (~1,573 pages) |
| Price (in/out) | $0.834/$2.501 per 1M tokens | $0.14/$0.28 per 1M tokens |
| Open weight? | Yes — self-hostable | Yes — self-hostable |
| Modalities | text | text, image, video, audio |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
GPQA Diamond (92.3)
Hunyuan Hy4 Preview
Hunyuan Hy4 Preview lists gPQA Diamond (92.3) among its strengths; MiMo-V2.6-Flash does not.
Terminal-Bench (85.4)
Hunyuan Hy4 Preview
MiMo-V2.6-Flash is comparatively weak here — same caveat as Pro: benchmark claims are largely self-reported by Xiaomi at launch, not yet independently verified at scale
SWE-bench Multilingual (82.9)
Hunyuan Hy4 Preview
Hunyuan Hy4 Preview lists sWE-bench Multilingual (82.9) among its strengths; MiMo-V2.6-Flash does not.
Same natively omnimodal design as Pro (text, image, video, audio) at a fraction of the size and price
MiMo-V2.6-Flash
At $0.14/$0.28 per 1M tokens it undercuts Hunyuan Hy4 Preview ($0.834/$2.501 per 1M tokens), and that gap compounds at volume.
309B total parameters, 15B active per token (sparse MoE) — a hybrid attention mechanism for efficiency
MiMo-V2.6-Flash
Xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens — and it runs cheaper at $0.14/$0.28 per 1M tokens.
MIT-licensed, self-hostable, and among the cheapest omnimodal options at $0.14/$0.28 per million tokens
MiMo-V2.6-Flash
Xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens — and it is the newer of the two.
Lowest cost at scale
MiMo-V2.6-Flash
At $0.14/$0.28 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
→ MiMo-V2.6-Flash
At $0.14/$0.28 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
→ MiMo-V2.6-Flash
Larger 1M tokens window fits more in one prompt.
Anyone whose priority is gpqa diamond (92.3)
→ Hunyuan Hy4 Preview
It is specifically built for that.
Anyone whose priority is same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price
→ MiMo-V2.6-Flash
That is its strongest area.
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 are real: 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.
MiMo-V2.6-Flash: where it fits
Xiaomi's efficient omnimodal MoE model — 309B parameters, 15B active, MIT-licensed, priced at $0.14/$0.28 per million tokens. Released September 21, 2026 by Xiaomi, it is built for same natively omnimodal design as Pro (text, image, video, audio) at a fraction of the size and price, 309B total parameters, 15B active per token (sparse MoE) — a hybrid attention mechanism for efficiency, and mIT-licensed, self-hostable, and among the cheapest omnimodal options at $0.14/$0.28 per million tokens.
Its trade-offs: lower capacity than Pro — expect a real quality gap on the hardest reasoning and generation tasks, and same caveat as Pro: benchmark claims are largely self-reported by Xiaomi at launch, not yet independently verified at scale. At $0.14 in / $0.28 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
Hunyuan Hy4 Preview and MiMo-V2.6-Flash overlap enough that the right pick depends on your specific job. MiMo-V2.6-Flash costs less per token; MiMo-V2.6-Flash holds the larger context; and each leads in its own area — Hunyuan Hy4 Preview for gpqa diamond (92.3), MiMo-V2.6-Flash for same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price. Rather than crowning one, run the same hard task through both once and let the results decide.
Want both Hunyuan Hy4 Preview and MiMo-V2.6-Flash 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 pricingFrequently asked questions
Is Hunyuan Hy4 Preview or MiMo-V2.6-Flash better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Hunyuan Hy4 Preview leans toward gpqa diamond (92.3) while MiMo-V2.6-Flash leans toward same natively omnimodal design as pro (text, image, video, audio) at a fraction of the size and price, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Hunyuan Hy4 Preview or MiMo-V2.6-Flash?
MiMo-V2.6-Flash is cheaper — $0.834/$2.501 per 1M tokens vs $0.14/$0.28 per 1M tokens, roughly 6× apart on input.
Which has the bigger context window?
Effectively neither — 1M+ tokens vs 1M tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Hunyuan Hy4 Preview and MiMo-V2.6-Flash together?
Yes — a multi-model platform like LumiChats gives you Hunyuan Hy4 Preview, MiMo-V2.6-Flash 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, Hunyuan Hy4 Preview or MiMo-V2.6-Flash?
MiMo-V2.6-Flash — released September 21, 2026, about 24 days after Hunyuan Hy4 Preview.
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.