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MiniMax Secures Almost $300 Million in Strategic Funding, Valued at Over $4 Billion Post-Investment
2 day ago /
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Author：小编
MiniMax, a leading Chinese AI big model company, has announced the successful completion of approximately $300 million in strategic financing, resulting in a post-investment valuation exceeding $4 billion. This financing round was spearheaded by the Shanghai state-owned asset platform, with additional participation from various A-share listed companies and industrial funds. Notably, this marks the inaugural introduction of state-owned capital into MiniMax, positioning it alongside a select few AI big model enterprises that have received such investments. Prior to this, the company had been rumored to be in preparations for an initial public offering (IPO) in Hong Kong.
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