Hailuo 02 offers exceptional cost-effectiveness, delivering top-tier video generation quality at a much lower price than many competitors. As shown on the Artificial Analysis Video Arena Leaderboard, Hailuo 02 ranks second with a higher performance score than Google’s Veo 3, yet comes at a fraction of the cost. This article will compare Hailuo 02 and Veo 3, highlighting their key differences in both capability and pricing.

Hailuo 02 and Veo3: Basic Features
| Feature | Hailuo 02 | Veo 3 |
|---|---|---|
| Opensource | No, close-sourced by Minimax AI | No, close-sourced by Google |
| Resolution | 768p, 1080p | Up to 4k(3840×2160) |
| Capabilities | T2V, I2V | T2V, I2V |
| Video Length | 6s (768p/1080p), 10s (768p) | Up to 2 minutes (60fps) |
Hailuo 02: Architecture Innovations
- NCR Architecture:
- Features a novel NCR (Noise-Compression-Restoration) architecture that dynamically adjusts computational resources during training.
- Early Training: Compresses noisy frames to focus on learning motion patterns.
- Later Training: Restores full resolution to refine visual details and quality.
- Data Innovations:
- 3× Larger Model Size: Allows for higher capacity and greater expressiveness in video generation.
- 4× More and Better Data: Utilizes a significantly larger and higher-quality dataset to improve diversity, video quality, and generalization.
Veo 3: Multimodal Fusion Architecture
- New Multimodal Fusion Design:
- Audiovisual Understanding Module:
Analyzes video scenes and generates contextually appropriate sound effects and voices, enabling rich, synchronized audiovisual content. - Temporal Consistency Module:
Ensures that generated audio is precisely aligned with video frames for seamless, natural synchronization. - Emotion Matching System:
Matches the emotional tone of the audio with the video content, enhancing storytelling and viewer engagement.
- Audiovisual Understanding Module:
- Diverse Product:
- Reference-powered Video Generation
- Style Matching
- Character Consistency
- Camera Controls
- First & Last Frame Transitions
- Outpainting (Frame Expansion)
- Object Addition & Removal
- Character Controls
- Motion Controls
Hailuo 02 vs Veo 3: Capability Comparison

Hailuo 02 vs Veo 3: Price Comparison
Hailuo 02 is now available on Novita AI. Simply log in to your account and go to the video generation section. You can set your desired resolution (768p or 1080p), upload images for Image-to-Video (I2V) mode, or enter text prompts for Text-to-Video (T2V) generation. You can check other models’ price on pricing page!
| Model | Duration / Resolution | Price (USD) |
|---|---|---|
| Hailuo 02 | 6s / 768P | $0.25 per video |
| Hailuo 02 | 10s / 768P | $0.50 per video |
| Hailuo 02 | 6s / 1080P | $0.44 per video |
| Model | Function | Input | Output | Price |
|---|---|---|---|---|
| Veo 3 | Video Generation | Text/Image Prompt | Video | $0.50 per second |
| Veo 3 | Video + Audio Generation | Text/Image Prompt | Video + Audio | $0.75 per second |

Hailuo 02 vs Veo 3: Video Generation Cases
- Prompt: An expressive close-up monologue, focusing on the actor’s face, capturing subtle emotional shifts. The lighting is soft and dramatic, highlighting facial contours and eyes. The background is blurred to ensure all attention is on the actor. The actor’s performance is passionate, conveying deep inner feelings through eye contact, micro-expressions, and trembling lips. The monologue content can be about loss, hope, determination, or a profound personal revelation. The color saturation is moderate, creating an intimate and engaging atmosphere.
- Prompt: An expressive close-up monologue, focusing on the actor’s face, capturing subtle emotional shifts. The lighting is soft and dramatic, highlighting facial contours and eyes. The background is blurred to ensure all attention is on the actor. The actor’s performance is passionate, conveying deep inner feelings through eye contact, micro-expressions, and trembling lips. The monologue content can be about loss, hope, determination, or a profound personal revelation. The color saturation is moderate, creating an intimate and engaging atmosphere.
How to Access Hailuo 02 on Novita AI?
Step 1: Log In and Access the Model Library
Log in to your account and click on the Model Library button.

Step 2: Choose Your Model
Browse through the available options and select the model that suits your needs.

Step 3: Start your Free Trail

Step 4: Install the API
Install API using the package manager specific to your programming language. After installation, import the necessary libraries into your development environment. Initialize the API with your API key to start interacting with Novita AI LLM. This is an example of using chat completions API for python users.
import requests
url = "https://api.novita.ai/v3/async/minimax-hailuo-02"
payload = {
"prompt": "<string>",
"image_url": "<string>",
"duration": 123,
"resolution": "<string>",
"enable_prompt_expansion": True
}
headers = {
"Content-Type": "<content-type>",
"Authorization": "<authorization>"
}
response = requests.request("POST", url, json=payload, headers=headers)
print(response.text)
Hailuo 02 stands out for its exceptional cost-effectiveness, offering high-quality video generation at a much lower price than many competitors—including Veo 3, which is more expensive yet ranks lower in performance. As shown in the leaderboard, Hailuo 02 is an excellent choice for users who value both quality and affordability.
In Addition, Novita AI not only supports Hailuo 02, but also provides access to a diverse set of leading video generation models. Here are the lowest prices for each available model:
| Model/API Name | Lowest Price (USD) | Details |
|---|---|---|
| Kling V1.6 | $0.27 / video | 5s, 720P, T2V or I2V |
| MiniMax Video 01 | $0.40 / video | 6s, 720P |
| Hunyuan Video Fast | $0.30 / video | 5s, 1280×720 ($0.06/s) |
| Wan 2.1 | $0.125 / video | 5s, 832×480, fast mode ($0.025/s) |
Frequently Asked Questions
Hailuo 02 offers exceptional cost-effectiveness, delivering high-quality video generation at a much lower price than Veo 3. On the Artificial Analysis Video Arena Leaderboard, Hailuo 02 ranks above Veo 3 in performance, making it a strong choice for users seeking great value.
Hailuo 02 uses a novel NCR (Noise-Compression-Restoration) architecture and has access to a larger, higher-quality dataset, enabling expressive and diverse video generation.
Veo 3 features advanced multimodal fusion, including audiovisual understanding, emotion matching, reference-powered editing, and can generate longer videos (up to 2 minutes, 4K resolution).
Hailuo 02: $0.25–$0.50 per short video (6–10s, 768p–1080p) on Novita AI
Veo 3: Subscription required, starting at ~$20.54/month (Pro1), up to ~$258.44/month (Ultra2)
Novita AI is the All-in-one cloud platform that empowers your AI ambitions. Integrated APIs, serverless, GPU Instance — the cost-effective tools you need. Eliminate infrastructure, start free, and make your AI vision a reality.
Recommended Reading
- Wan2.1: An Open-Source AI Model Outperforms Sora
- Choose Between Qwen 3 and Qwen 2.5: Lightweight Efficiency or Advanced Reasoning Power?
- Transforming Images with Ease: Image to Video AI API
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