Chinese AI company MiniMax is expected to price its Hong Kong IPO at the top of its range and raise about $538M, Reuters ...
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 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 ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook China’s MiniMax introduces company's first Sora-like tool. Credit: MiniMax MiniMax CEO Yan Junjie ...
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 ...
Chinese AI firm MiniMax is seeking to launch a Hong Kong initial public offering in early January, which could raise as much as $700 million, two sources with direct knowledge of the matter said on ...
Artificial intelligence is rapidly transforming the landscape of video editing and content creation, with platforms like Minimax and Runway at the forefront of this technological revolution. These ...
A legal earthquake just struck the entertainment world: Hollywood's biggest studios including Disney, Universal, and Warner Bros. Discovery, have simultaneously filed a blockbuster lawsuit against ...