BEIJING, July 31 (Reuters) - Chinese AI firm MiniMax released a new video-generation model on Friday that can process text, images, video and audio, stepping up competition in a fast-growing market ...
MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh ...
MiniMax Group Inc., a Shanghai-based artificial intelligence developer, is raising $2 billion in funding. Bloomberg reported on Thursday that more than half the funds are expected to come from the ...
The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds ...
Shares of MiniMax dropped after the Chinese artificial-intelligence company disclosed a plan to raise $2 billion through a share placement and convertible-bond offering. The Shanghai-based company ...
Shanghai-based MiniMax last week published the open weights and arXiv technical report for its M3 model — fulfilling a commitment made at launch on June 1 — and independent benchmarking firm ...
For years, social media giants controlled what users saw in their feeds. While people could follow accounts, like posts or hide content they didn’t enjoy, recommendation algorithms controlled what was ...
a mobile phone's screen showing the logo of Chinese AI MiniMax in Beijing on January 21, 2026. WANG Zhao/Getty Images Shanghai-based MiniMax launched its M3 foundation model on Monday, June 1, 2026, ...
May 26 (Reuters) - Walt Disney (DIS.N), opens new tab, Comcast's (CMCSA.O), opens new tab Universal, and Warner Bros Discovery (WBD.O), opens new tab have fended off a bid from China's MiniMax to ...
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