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 ...

Image generated by Minimax Hailuo AI. Photo: Minimax Founded in 2021, the Shanghai-based company is one of China’s so-called AI Tigers.

Chinese AI startup MiniMax is making waves after it claimed that its new reasoning LLM MiniMax-M1 was better than DeepSeek's upgraded AI model R1.

The open-source M1 boasts a record-breaking context window and lean training budget, promising enterprise-grade reasoning without hyperscaler resources — and reshaping the AI playing field.

Comparing AI models in texts / MiniMax According to the technical report, the MiniMax-M1 requires only 25% of the FLOPs required by DeepSeek R1 when generating 100,000 tokens. The model is available ...

Monks, a data group under the S4 Capital umbrella, has partnered with Shanghai-based artificial intelligence (AI) company MiniMax, to drive AI innovation in Greater China.

MiniMax-M1 presents a flexible option for organizations looking to experiment with or scale up advanced AI capabilities while managing costs.

Chinese AI startup MiniMax is emerging as a formidable competitor to DeepSeek, having recently launched breakthrough products, including the M1 reasoning model, which uses less than half the ...

Backed by Alibaba and Tencent, MiniMax may go public soon--offering investors rare access to China's AI uprising.

MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to ...

HONG KONG (Reuters) -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 ...