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 ...

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 ...

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 ...

What if the next big leap in artificial intelligence wasn’t locked behind corporate walls but freely available to everyone? Enter the MiniMax M2, a new open source AI model that’s rewriting the rules ...

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 ...

If you are searching for a way to create stunning, cinematic videos without the hefty price tag or restrictive limitations often associated with top-tier AI tools, you might be interested in a new ...

HONG KONG, July 16 (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 ...

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 ...