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 ...

Shares of MiniMax surged in their first day of trading in Hong Kong, in what represents the second major Chinese LLM company to go public.

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 ...

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 ...

Chinese artificial intelligence startup MiniMax is reportedly prepping for its initial public offering in Hong Kong, backed by Alibaba Group Holding Ltd. and the Abu Dhabi Investment Authority. A ...

Chinese AI startup MiniMax is making waves after it claimed that its new reasoning large language model called MiniMax-M1 was even better than DeepSeek's (DEEPSEEK) upgraded AI model R1. MiniMax, a ...

Shanghai-based AI startup MiniMax's CEO Yan Junjie (R) and Co-founder and COO Yun Yeyi (L) attended the firm's listing ceremony at the Hong Kong stock exchange, after which its shares soared (Tommy ...