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China's MiniMax sees revenue nearly quadruple in first half as AI demand surges
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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...

Trump threatens Iran’s partners: How do secondary sanctions work?
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Trump threatens Iran’s partners: How do secondary sanctions work?

Trump threatens Iran’s partners: How do secondary sanctions work? Al Jazeera US Sanctions 4 India-Based Firms, 3 Indians To Punish Iran NDTV Iranian President says new U.S. sanctions will achieve nothing The Hindu One US dollar now costs 2 million rials in Iran, and here’s what it can buy Al Jazeera China to protect its interests in wake of US...

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