Alibaba said to lead new financing round for Chinese AI firm MiniMax that would value the start-up at over US$2 billion
Shanghai-based MiniMax, which was founded in 2021, is in the process of raising new funding that would value the company at more than US$2 billion, another investor with knowledge of the matter said. The two investors requested anonymity because they are not authorised to speak to the media. A report by Bloomberg on Tuesday said … Read more
