China's MiniMax sees revenue nearly quadruple in first half as AI demand surges
Revenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-source-based models from Chinese providers. MiniMax said it will keep pushing to extend the "performance-cost frontier," first getting performance to a level that can handle complex real-world tasks and...
- ✓Revenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-source-based models from Chinese providers.
- ✓MiniMax said it will keep pushing to extend the "performance-cost frontier," first getting performance to a level that can handle complex real-world tasks and...
- ✓Civic Domain: Categorized under technology public notices.
Revenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-source-based models from Chinese providers. MiniMax said it will keep pushing to extend the "performance-cost frontier," first getting performance to a level that can handle complex real-world tasks and...
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| Issuing Authority | ET Tech & Digital India |
|---|---|
| Topic Category | TECHNOLOGY |
| Jurisdiction | All India / National |
| Publication Date | 26 August 2026 |