MiniMax Nears Completion of $300 Million Funding Round, Eyes Hong Kong IPO
2 day ago / Read about 0 minute
Author:小编   

MiniMax, a prominent large-scale model company, is reportedly on the brink of securing a fresh funding round of approximately $300 million, with a post-investment valuation surpassing $4 billion (roughly equivalent to RMB 30 billion). This latest round of financing is a collaborative effort involving listed companies, crossover funds, and significant state-owned capital platforms, such as Shanghai state-owned assets. Since its inception in 2021, MiniMax has established itself as a specialist in general artificial intelligence and multimodal architectures, having already garnered investments from esteemed firms including Alibaba and Tencent.