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MINIMAX
Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares dragHong Kong stocks fell as rising oil prices, weak economic data and selling in major technology and biotechnology shares weighed on sentimen...- The only billionaires making money this year are in techThe roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for...
- Patchwork algorithms get the job done: What is helping curb skyrocketing costs of enterprise AI?As businesses navigate the AI frontier, many are embracing a blend of advanced models to address distinct needs effectively. Industry giant...
- China's DeepSeek hires dealmaker as CFO ahead of possible IPOA CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes ...
- AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's developmentAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse o...
- Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...
- China AI developer Z.AI launches $5 billion Hong Kong share, convertible bond sales, term sheet showsThe fundraising comes as Chinese AI developers seek capital for the costly computing infrastructure and talent needed to compete with large...
- Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs, SCMP reportsThe developer of the Kimi large language model has discussed plans for a Hong Kong IPO with its financial backers and has also floated th...
- Why Chinese AI firms are suddenly at the centre of US AI crackdownChinese AI companies including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Z.AI face fresh scrutiny after US agencies accused them...
- China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
- Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
- Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
- China's MiniMax sees revenue nearly quadruple in first half as AI demand surgesRevenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-s...
- DeepSeek releases official V4 Pro model as it steps up expansionDeepSeek said the V4-Pro-0813 greatly enhances agent capabilities and is available through the API, APP and Web channels. The company also ...
- IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
- DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm saysA version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among well-known models g...
- China's MiniMax plans to launch giant 2.7 trillion parameter modelChinese AI firm MiniMax is developing a 2.7 trillion-parameter model. This new model could become the world's largest open-weight AI system...
- China's MiniMax loses bid to end Disney copyright lawsuit over AI systemA US judge has rejected a bid by Chinese AI firm MiniMax to dismiss a lawsuit. Major studios like Disney and Universal accuse MiniMax of st...
- Disney, Universal, Warner Bros Discovery sue China's MiniMax for copyright infringementDisney, Universal, and Warner Bros Discovery sued China’s MiniMax in California, alleging its Hailuo AI unlawfully used copyrighted charact...
- Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources sayChinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...
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