The Chinese AI model developer announced its 2025 revenues jumped 158.9% year-on-year to $79 million.
MiniMax shares surged after revenue beat expectations in its first set of results following its listing. Shares of the Chinese artificial-intelligence company rose 18% to 884.00 Hong Kong dollars, or ...
FILE PHOTO: MiniMax founder and CEO Yan Junjie (2nd L) and COO Yun Yeyi (2nd R) pose with Hong Kong Stock Exchange CEO Bonnie ...
OpenAI and Anthropic allege improper distillation of their models. Investors have pushed Chinese AI valuations sky-high anyway—raising a harder question about pricing power.
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