MiniMax , an AI company based in Shanghai, China, has announced that it will open source its latest large-scale language model (LLM) , MiniMax-M1 . MiniMax-M1 supports the world's longest context ...

And it may mean less demand for Nvidia’s chips, which are the workhorses of AI data centers. The impact of MiniMax’s M1 may ultimately be similar to what happened when Hangzhou-based DeepSeek released ...

Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 ...

Kimi K2, MiniMax M1, Qwen 3 and a variant of DeepSeek R1 rank as the world’s top open-sourced AI models, according to LMArena ...

Comparing AI models in texts / MiniMax. According to the technical report, the MiniMax-M1 requires only 25% of the FLOPs required by DeepSeek R1 when generating 100,000 tokens. The model is available ...

Backed by Alibaba and Tencent, MiniMax may go public soon--offering investors rare access to China's AI uprising.

MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap ...

MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on ...

MiniMax enters a competitive landscape alongside other AI video generators like OpenAI's Sora, Kling AI, and Runway Gen-3. The company's first version Video-01 is undoubtedly impressive as it ...

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 ...