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

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

Shanghai artificial intelligence startup MiniMax released a new open-source large language model, positioning it as a direct ...

MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a ...

MiniMax, a unicorn valued at US$2.5 billion, was in the ‘early stage’ of preparations for the listing, according to news outlet The Paper.

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

Home building activity plunged last month, with groundbreaking on new homes falling to the lowest level since 2020.

Apple is exploring generative AI to streamline its custom chip design, aiming to boost productivity and stay ahead in the tech race.

Chinese upstart MiniMax is slated to roll out a pair of AI products that autonomously perform tasks on behalf of users, upping its game in the realm of agentic AI against the likes of OpenAI and Manus ...

Shanghai-based MiniMax has launched its M1 model, a powerful and efficient open-weight AI that directly challenges rival DeepSeek on performance, cost, and its "true open-source" Apache 2.0 license, ...

OpenAI CEO Sam Altman claims Meta is offering $100 million signing bonuses to lure his developers, a move he attributes to Meta's internal AI struggles and project delays. This escalates the ...

MiniMax has launched M1, an open-weight hybrid attention model built for long-context reasoning and complex tasks. With 456 billion parameters and support for one million-token inputs, MiniMax-M1 ...