Chinese artificial intelligence startup MiniMax Group Ltd. went public in Hong Kong today and raised about $619 million, highlighting strong investor appetite for generative AI companies on both sides ...
Chinese AI startup Zhipu AI surged over 12% in its Hong Kong debut, raising $558 million ahead of rival MiniMax’s listing.
MiniMax has raised $619 million in its Hong Kong IPO at a $6.5 billion valuation, joining Zhipu AI as Chinese firms beat OpenAI to public markets.
Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. MiniMax claims that MiniMax-Text-01, which is 456 billion ...
Chinese artificial intelligence startup MiniMax today announced the release of M2.1, a significantly enhanced performance for real-world complex tasks and agentic capabilities across more programming ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook China’s MiniMax introduces company's first Sora-like tool. Credit: MiniMax MiniMax CEO Yan Junjie ...
Disney, Warner Bros. Discovery and NBCUniversal are taking legal aim at another AI company that they allege is massively ripping off their intellectual property. On Tuesday, the three media companies ...
It’s becoming a familiar pattern: Every few months, an AI lab in China that most people in the U.S. have never heard of releases an AI model that upends conventional wisdom about the cost of training ...
MiniMax Unveils M2.1 to Bring Multilingual Programming Gains to Open AI Models Your email has been sent Chinese AI startup’s release is a major update to its open-source model series, aimed at ...
Artificial intelligence is rapidly transforming the landscape of video editing and content creation, with platforms like Minimax and Runway at the forefront of this technological revolution. These ...
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