Latest MiniMax News & Updates

See the latest news and media coverage for MiniMax. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
MiniMax

Multimodal AI technology company

minimax.io
Headquarters
Singapore, Singapore
Founded year
2022
Company type
Private company
Number of employees
300–500
Industry
IT Services & Consulting

Last updated

Latest news about MiniMax

In short: MiniMax posted a 283% H1 revenue jump and raised $2.05B while launching open-weight video model H3 amid a Hollywood copyright suit.

Company announcements

MiniMax

MiniMax partnered with Shanghai International Film Festival for AI Backlot

The event featured co-creation teams using MiniMax Hub, an AI-native platform, and included live creation, salons, and a timed challenge.

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Media coverage

金融界

All three major Hong Kong stock indices closed in the red. The Hang Seng Index fell 1.43%, MINIMAX-W dropped 13.74%, Biren Technology declined 11.85%, and Han’s Machine Vision fell 9.75% - Telegraph君 - Jiejin

Top decliners: MINIMAX-W fell 13.74%, Biren Technology dropped 11.85%, Han’s Machine Vision declined 9.75%, Hua Hong Semiconductor fell 9.21%, Guanghe Technology dropped 8.37%, Lenovo Group declined 8.08%, Siegen Energy fell 8.01%, Weichai Power dropped 7.97%, TTM Technologies declined 7.85%, Sunny Optical Technology fell 7.69%...

腾讯网

Evaporating 340 billion! MiniMax's market value shrinks by 80%, the large model track bids farewell to capital frenzy

By Yang Jian Yong Large models, as one of the hottest tech tracks currently, are highly sought after by capital. Among them, OpenAI is seeking a new round of financing with a valuation of $1.4 trillion, while Anthropic's valuation reaches an astonishing $2 trillion, with its expected IPO fundraising scale potentially hitting $100 billion, once again setting a global record for IPO fundraising. Zhipu and MiniMax have seen significant shrinkage in their market values, marking the end of the capital frenzy in the large model sector. OpenAI and Anthropic are globally prominent large model enterprises that serve as benchmarks for various large model manufacturers, especially in the market where this kind of comparison...

新浪财经

Plunged 10%! New model and mysterious 'space rabbit' couldn't stop MiniMax from falling

On September 28, MiniMax opened with a sharp drop. As of press time, it was trading at HK$247.4 per share, down 10.1%. Just the day before, MiniMax had announced its latest text model M3.1-Flash-Preview, designed specifically for everyday development. According to the official statement, the model is fast and highly reliable, capable of handling tasks such as rapid bug fixes and complete feature development. To encourage developers to use the new model, MiniMax also launched a limited-time promotion. From September 28 to October 7, users sign in daily on the MiniMax Code platform...

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