The closest alternative to DeepSeek V3.2 is Hy3 preview — comparable intelligence (41.9 vs 41.7); for a cheaper option, MiMo-V2.5 runs $0.140/M vs $0.229/M; for more speed, GLM 4.7 hits 427 t/s; and the best open-weight substitute is MiniMax M3.
Hy3 preview is the closest alternative to DeepSeek V3.2, with an Intelligence Index of 41.9 (DeepSeek V3.2 scores 41.7) at $0.063 per million input tokens.
Yes — MiMo-V2.5 costs $0.140 per million input tokens versus $0.229 for DeepSeek V3.2, while staying within ~8 points of its Intelligence Index.
MiniMax M3 is the strongest open-weight alternative to DeepSeek V3.2 — downloadable from Hugging Face and self-hostable, scoring 54.7 on intelligence.