Hunyuan 3 (Tencent Hy3) vs ElevenLabs
Which one should you pick? Here's the full breakdown.
Hunyuan 3 (Tencent Hy3)
Tencent's Hy3 Preview launched 2026-04-23 -- 295B total / 21B active MoE, 256K context, open-sourced on HuggingFace under tencent/Hy3-preview. Cheapest frontier-class API at ~1.2 RMB per million input tokens. Integrated into Yuanbao, WeChat, QQ
ElevenLabs
Best-in-class AI voice generation -- now includes 11.ai (MCP-based voice assistant), Eleven v3 expressive speech, and IBM watsonx partnership. $500M raise at $11B valuation (Feb 2026)
| Category | Hunyuan 3 (Tencent Hy3) | ElevenLabs |
|---|---|---|
| Ease of Use | 7.0 | 8.0 |
| Output Quality | 8.0 | 10.0 |
| Value | 9.5 | 7.0 |
| Features | 8.0 | 9.0 |
| Overall | 8.1 | 8.5 |
Pricing Comparison
| Feature | Hunyuan 3 (Tencent Hy3) | ElevenLabs |
|---|---|---|
| Free Tier | Yes | Yes |
| Starting Price | $0 | $0 |
Which Should You Pick?
Pick Hunyuan 3 (Tencent Hy3) if...
- ✓Better value for money (9.5/10)
Chinese-market builders, multilingual products that need strong CN performance, and cost-sensitive developers who want frontier-class quality at sub-DeepSeek pricing. Also anyone watching the open-weights field who wants Tencent's distribution-backed entry on the bench.
Visit Hunyuan 3 (Tencent Hy3)Pick ElevenLabs if...
- ✓Higher output quality (10 vs 8)
- ✓Easier to use (8 vs 7)
- ✓More features (9 vs 8)
Content creators who need the highest-quality voiceovers, audiobook producers, developers building voice-enabled apps, and enterprises using IBM watsonx wanting premium agentic voice. 11.ai alpha users who want voice-first AI assistants.
Visit ElevenLabsOur Verdict
ElevenLabs edges out Hunyuan 3 (Tencent Hy3) with a 8.5 vs 8.1 overall score. Both are solid picks, but ElevenLabs has the advantage in output quality.