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 ...

LLM MiniMax-Text-o1 is of particular note for enabling up to 4 million tokens in its context window — equivalent to a small library.

The program uses the minimax algorithm to identify the best possible move. This algorithm works by searching down the game tree, considering all possible moves and their potential outcomes.

Shanghai-based artificial intelligence (AI) start-up MiniMax has launched an open-source reasoning model that it said requires just half the computing resources of rival DeepSeek’s models for some ...

Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this ...

Credit: MiniMax MiniMax CEO Yan Junjie said inference costs for leading AI models could fall by another order of magnitude within one to two years, following a similar drop over the past year.

BEIJING/HONG KONG, June 1 (Reuters) - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 ...