MiniMax is a Chinese startup focused on developing advanced AI models, including the newly released MiniMax-M1, which features a large context window and high efficiency.
Anthropic recorded an 85.4% gross margin in the first half of 2026, compared with 26.4% for Zhipu AI and 17.9% for MiniMax.
Pika Labs released Pika H3 Flex, a video generation model that creates synchronized audio and video in six sampling steps. It supports up to 12 reference inputs, while the hosted API offers resolutions up to 4K.
DeepSeek and MiniMax received Chinese state approval to deploy their AI models overseas as Beijing considers export controls on certain AI technologies.
MiniMax released an updated M3.1 Flash model with claimed gains in agent tasks, programming, cybersecurity, inference speed and cost.
HUMAIN has introduced humain-m3, an Arabic language model developed by MiniMax and now available through HUMAIN Node.
MiniMax has launched its new M3 AI model, capable of handling one million tokens and designed for long, complex coding and agent tasks. The model uses the company's MiniMax Sparse Attention architecture to improve speed and reduce computational costs.
Chinese AI company MiniMax has open-sourced its M2.7 model, featuring 229 billion parameters and state-of-the-art performance in software engineering benchmarks. The model, available on Hugging Face, was developed using a self-evolving architecture that allows it to iteratively improve its own code and performance.
MiniMax reported total revenue of $79 million for 2025, a 158.9% increase year over year, with international markets contributing over 70% of its earnings.
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