Chinese AI startup MiniMax is considering an IPO in Hong Kong, Bloomberg News reported. MiniMax, one of China’s so-called 'new AI tigers or dragons which is valued at about $3B, could aim to list as ...
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 ...
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 some ...
U.S. media giants Disney (NYSE:DIS), Warner Bros. Discovery (NASDAQ:WBD), and Universal (NASDAQ:CMCSA) have jointly filed a lawsuit against Chinese artificial intelligence company MiniMax for ...
The suit, filed in the district court in California on Tuesday, claims MiniMax "audaciously" used the studios' famous copyrighted characters to market Hailuo as a "Hollywood studio in your pocket" and ...
Shanghai-based MiniMax, which was founded in 2021, is in the process of raising new funding that would value the company at more than US$2 billion, another investor with knowledge of the matter said.
Chinese AI startup MiniMax has joined the country’s heated video generation model competition with the launch of its text-to-video model, Video-1, which is available to the public through its official ...
LOS ANGELES – Walt Disney Co, Comcast’s Universal Studios and Warner Bros Discovery are suing Chinese artificial intelligence start-up MiniMax, accusing the company of pirating the studios’ ...
(Reuters) - Walt Disney, Comcast's Universal and Warner Bros Discovery have jointly filed a copyright lawsuit against China's MiniMax alleging that its image- and video-generating service Hailuo AI ...