MiniMax

Alibaba said to lead new financing round for Chinese AI firm MiniMax that would value the start-up at over US$2 billion

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Alibaba said to lead new financing round for Chinese AI firm MiniMax that would value the start-up at over US 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

Chinese Women Are Ditching Real Men For ‘Perfect’ AI Boyfriends Instead

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Chinese Women Are Ditching Real Men For ‘Perfect’ AI Boyfriends Instead

The speedy upward trajectory of Artificial Intelligence has brought about a fascinating trend among Chinese women – a growing preference for virtual companionship over traditional relationships. One of these women is Tufei, a 25-year-old Chinese office worker hailing from Xi’an. She has discovered solace and companionship in a chatbot on the “Glow” app, created by … Read more