MiniMax, an AI firm based in Shanghai, has released an open source reasoning model that challenges Chinese rival DeepSeek and US-based Anthropic, OpenAI, and Google in terms of performance and cost.… ...

It’s becoming a familiar pattern: Every few months, an AI lab in China that most people in the U.S. have never heard of releases an AI model that upends conventional wisdom about the cost of training ...

Chinese artificial intelligence startup MiniMax is raising at least $600 million in new funds with e-commerce giant Alibaba Group Holding Ltd. as a lead investor, according to a report from Bloomberg ...

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Chinese AI startup MiniMax is making waves after it claimed that its new reasoning large language model called MiniMax-M1 was even better than DeepSeek's (DEEPSEEK) upgraded AI model R1. MiniMax, a ...

What if the next big leap in artificial intelligence wasn’t locked behind corporate walls but freely available to everyone? Enter the MiniMax M2, a new open source AI model that’s rewriting the rules ...

Chinese AI startup MiniMax has joined the country’s heated video generation model competition with the launch of its text-to-video model, Video-1, which is available to the public through its official ...

Disney, Warner Bros. Discovery and NBCUniversal are taking legal aim at another AI company that they allege is massively ripping off their intellectual property. On Tuesday, the three media companies ...

What if you could access innovative AI technology that’s not only faster but also significantly more affordable than current industry leaders? Enter MiniMax-M2, a new open source model that’s shaking ...

Alibaba Group Holding Ltd (NYSE:BABA) is taking the lead in a financing round that aims to raise at least $600 million for the Chinese AI startup MiniMax, marking its second significant investment in ...