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 ...

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Shanghai-based artificial intelligence (AI) start-up MiniMax has launched an open-source reasoning model that it said requires just half the computing resources of rival DeepSeek’s models for some ...

MiniMax, a fast-growing AI startup out of Shanghai, is now weighing a potential IPO in Hong Kongone that could give investors a direct line into China's new generation of AI contenders. Valued at ...

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 ...

HONG KONG, July 16 (Reuters) - Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could ...

BEIJING/HONG KONG, June 1 (Reuters) - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 ...