China is closing in on US technology lead despite constraints, AI researchers say

China can narrow its technological gap with the U.S. driven by growing risk-taking and innovation, though the lack of ...
TechCrunch

Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. MiniMax claims that MiniMax-Text-01, which is 456 billion ...
SiliconANGLE

MiniMax moves toward Hong Kong IPO as Chinese AI firms rush to go public

Chinese artificial intelligence startup MiniMax is reportedly prepping for its initial public offering in Hong Kong, backed by Alibaba Group Holding Ltd. and the Abu Dhabi Investment Authority. A ...

China's AI startup MiniMax Group raises $619 million in Hong Kong IPO

Chinese artificial intelligence startup MiniMax Group said on Thursday it raised HK$4.82 billion ($618.60 million) in its ...