China’s artificial intelligence sector is minting billionaires at a record pace as investors bet on the country’s technology advances. The country's latest AI entrepreneur to amass a ten-figure ...
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 ...
Hong Kong IPO proceeds hit highest since 2021 AI, chip listings lead 2026 IPO pipeline Cornerstones include Alibaba, ADIA in MiniMax offering Dec 31 (Reuters) - Chinese AI startup MiniMax Group ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Shares of MiniMax, an AI firm backed by Chinese ...
Chinese artificial intelligence startup MiniMax Group Ltd. went public in Hong Kong today and raised about $619 million, highlighting strong investor appetite for generative AI companies on both sides ...
近年来,AI领域的投资风向悄然转变。曾经,投资人最常问创业者的问题是“如果OpenAI做了,你怎么办”;如今,这个问题变成了“如果大厂入场,你如何应对”。甚至有业内人士戏称:“大厂一出手,初创公司就得打起十二分精神。” 在海外,谷歌正通过多 ...
MiniMax shares doubled in Hong Kong debut, beating rival Zhipu AI’s first-day gains. The IPO highlights China’s race to fund homegrown AI firms despite U.S. curbs on advanced chips. Rapid user growth ...
How the Cyberspace Administration of China inadvertently made a guide to the country’s homegrown AI revolution.
(Bloomberg) -- Artificial intelligence 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 ...
By Laurie Chen BEIJING, Jan 10 (Reuters) - China can narrow its technological gap with the U.S. driven by growing risk-taking and innovation, though the lack of advanced chipmaking tools is hobbling ...
Two of China’s largest generative AI startups are set for back-to-back debuts in Hong Kong this week, testing investor appetite for an industry that blossomed in the post-ChatGPT era. Yet Zhipu and ...
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 ...