Open-source AI Model Developer MiniMax Raises $2B in Funding
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…
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China's MiniMax plans to launch giant 2.7 trillion parameter model
Cheaper Chinese AI models are gaining traction as alternatives to US systems. MiniMax will also launch a multimodal video generation model s
China's MiniMax plans to launch giant 2.7 trillion parameter model
Cheaper Chinese AI models are gaining traction as alternatives to US systems. MiniMax will also launch a multimodal video generation model s
Factory Raises $50M Series B at $300M Valuation for AI Software Development Agents
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MiniMax says it raised $2B, but leaves investors and valuation unnamed
Ryan Lee's X thread did not name investors, valuation or deal structure, leaving the financing terms around the Chinese AI lab unresolved.
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