MiniMax raised US$600 million last year in a financing round that valued it at about US$2.5 billion at the time.

When it comes to artificial intelligence, more intensive computing uses more energy, producing more greenhouse gases.

David Sacks says overly strict chip export rules may weaken US tech dominance in the long run.He said DeepSeek demonstrated China's ability to advance despite export controls.US chip export rules ...

DeepSeek’s breakthrough artificial intelligence model earlier this year demonstrated how China could still advance even with ...

The holy grail for the US appears to be artificial general intelligence (AGI) – defined as AI with human-level intelligence ...

A conversation with Ulrike Hoffmann-Burchardi of UBS Global Wealth Management. Where she sees the next “transformational ...

The company says it spent just $534,700 renting the data center computing resources needed to train M1. This is nearly 200x ...

Just as cybersecurity rewarded bold bets a decade ago, Chinese tech offers a rare chance to diversify beyond crowded US ...

White House crypto and artificial intelligence czar David Sacks warned that China has grown adept at evading US export ...

The updated reasoning model, released in May, performed well against leading US models in the real-time WebDev Arena tests.

In addition to problematic censorship and data collection policies, DeepSeek falls short on features and performance. There ...

Chinese AI firm MiniMax has announced its new AI reasoning model, MiniMax-M1, outperforming its domestic rival DeepSeek-R1-0528 ...