MiniMax, an AI firm based in Shanghai, has released an open source reasoning model that challenges Chinese rival DeepSeek and US-based Anthropic, OpenAI, and Google in terms of performance and ...

Chinese AI upstart MiniMax released a new large language model, joining a slew of domestic peers inspired to surpass DeepSeek in the field of reasoning AI.

The impact of MiniMax’s M1 may ultimately be similar to what happened when Hangzhou-based DeepSeek released its R1 LLM model earlier this year.

MiniMax-M1 presents a flexible option for organizations looking to experiment with or scale up advanced AI capabilities while managing costs.

MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a ...

Chinese AI upstart MiniMax launched a new reasoning LLM called MiniMax-M1 which it claims is even better than DeepSeek's upgraded its AI model R1.

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 ...