DeepSeek's AI model propelled the Chinese firm to fourth in LiveBench's global LLM rankings amid the US-China AI race.

Alibaba's focus on AI investments, cloud growth, and strategic assets highlight long-term potential and undervaluation. Read ...

AI avatars are outperforming real people in sales, as evidenced by a livestream, which earned $7.65 million. The digital ...

AI tools like ChatGPT have changed our personal and professional worlds, with around 52% of American adults regularly using a ...

Chinese tech firms kicked off the month with notable AI model launches, including new releases from Alibaba Group Holding Ltd ...

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

Investors could consider gaining exposure to tech giants such as Alibaba and Tencent, which offer indirect exposure to ...

Shanghai-based AI firm, MiniMax, has launched an open-source reasoning model, MiniMax-M1, challenging rivals DeepSeek and ...

Chinese AI firm MiniMax has announced its new AI reasoning model, MiniMax-M1, outperforming its domestic rival DeepSeek-R1-0528 ...

MiniMax-M1 was released Monday under an Apache software license, and thus is actually open source, unlike Meta's Llama family ...

MiniMax, a unicorn valued at US$2.5 billion, was in the ‘early stage’ of preparations for the listing, according to news outlet The Paper.

The company says it spent just $534,700 renting the data center computing resources needed to train M1. This is nearly 200x ...