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According to Beating AI News, AI inference platform fal has released H3 Max. This video model is trained based on the open-source MiniMax H3, with a focus on enhancing prompt understanding and visual effects, as well as optimizing for its own inference system. In the Artificial Analysis audio-visual video rankings, H3 Max's image-to-video feature ranks first with an Elo score of 1205, surpassing Byte's Seedance 2.0 and the original H3; its text-to-video feature ranks third with an Elo score of 1235, just 4 points behind the top-ranked Wan 3.0. The speed is also impressive. fal claims that it can generate a 5-second 768p video in under 3 seconds, with a throughput approximately 35 times that of the original H3 interface. Currently, it is offered at a launch discount of 50%, costing only $0.04 per second for 768p, making a 1-minute video just $2.4; after September 1, the price will revert to $0.08 per second. However, the capabilities of H3 Max are narrower, as it currently only supports up to 768p, while the original H3 can generate 2K videos; the launch only includes text-to-video and image-to-video features, with Reference-to-Video not yet available.

On August 27, Bank of Japan Deputy Governor Niimi Noriyuki stated, "We will discuss the appropriate pace and timing of interest rate hikes at every meeting to stabilize core inflation around 2%. I agree with the Governor's view that if financial conditions are too loose, the BOJ may accelerate the pace of rate hikes, but the decision to raise rates will not be based solely on the degree of financial easing."

On August 27, Bank of Japan Deputy Governor Niimi Noriyuki stated, 'We will discuss the appropriate pace and timing of interest rate hikes at every meeting to stabilize core inflation around 2%. I agree with the Governor's view that if financial conditions are too loose, the Bank of Japan may accelerate the pace of rate hikes, but the decision to raise rates will not be based solely on the degree of financial easing.'