Startup Company MiniMax Completes Series B Funding, Doubling Its Valuation Startup company MiniMax completes round B financing, led by Alibaba, with a doubled valuation in the new round.
Alibaba Leads Funding for Large-Scale Model Startup MiniMax The large-scale model startup project MiniMax is undergoing a new round of major financing, with Alibaba as the core lead investor.
Tencent Backs Large-Scale AI Models with Investment in MiniMax Tencent has reportedly made its first investment in large-scale AI models, contributing to a new $250 million financing round for startup MiniMax, which values the firm at over $1.2 billion.