This article first appeared on GuruFocus. Chinese artificial intelligence startup MiniMax is moving toward a Hong Kong initial public offering, with Alibaba Group Holding Ltd. (NYSE:BABA) and Abu ...

Alibaba (BABA) has backed MiniMax, an artificial intelligence startup based in Shanghai, as it prepares to launch its initial public offering in early 2026 on the Hong Kong Stock Exchange, according ...

Chinese generative artificial intelligence start-up MiniMax Group has kicked off its Hong Kong initial public offering (IPO), seeking to raise up to HK$4.19 billion (US$538 million) to support its ...

Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research and development as it seeks to compete with global and ...

Shanghai-based MiniMax, backed by Alibaba Group Holding (BABA), Tencent Holdings (TCEHY) and others, plans for its IPO to take place as soon as January, people familiar with the matter told Bloomberg.

BEIJING: Artificial intelligence (AI) startup MiniMax secured backing from Alibaba Group Holding Ltd and Abu Dhabi’s sovereign wealth fund for its Hong Kong debut, one of several AI firms listing in ...

SHANGHAI: Two Chinese artificial intelligence (AI) startups seen as possible rivals to OpenAI aim to complete their Hong Kong initial public offerings (IPOs) in the coming weeks. Shanghai-based ...

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 ...

The latest news and top stories on Yan Junjie. As CEO of MiniMax, an AI unicorn he founded in December 2021, Yan Junjie leads the development of advanced AI foundational and multimodal models. With ...

Two Chinese challengers to ChatGPT are set to go public this week. Zhipu is seeking $560 million and MiniMax up to $539 million, according to prospectus filings. Both stocks have been oversubscribed, ...

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