A recent survey performed by Deloitte indicates that 44% of U.S. residents under the age of 34 would be willing to not own a car and instead rely on alternative transportation now that it's readily ...

MiniMax raised US$600 million last year in a financing round that valued it at about US$2.5 billion at the time.

Li, who holds a PhD in Computer and Information Sciences, has taken a pivotal role leading speech AI research at the ...

“The updated R1 model excelled among domestic AI models in a range of benchmark tests, including maths, coding and general logic, and matched up to global top models such as [OpenAI’s] O3 and ...

Manus has introduced a groundbreaking text-to-video feature, entering a competitive landscape with major rivals like OpenAI, Alibaba, and Tencent. This innovative service allows users to generate ...

Shanghai-based AI firm, MiniMax, has launched an open-source reasoning model, MiniMax-M1, challenging rivals DeepSeek and ...

MiniMax-M1 was released Monday under an Apache software license, and thus is actually open source, unlike Meta's Llama family ...

SoftBank Group Corp. raised around $4.8 billion through a sale of T-Mobile US Inc. shares, a move that helps fund the ...

Shanghai artificial intelligence startup MiniMax released a new open-source large language model, positioning it as a direct ...

Chinese AI firm MiniMax has announced its new AI reasoning model, MiniMax-M1, outperforming its domestic rival DeepSeek-R1-0528 ...

Chinese upstart MiniMax is slated to roll out a pair of AI products that autonomously perform tasks on behalf of users, upping its game in the realm of agentic AI against the likes of OpenAI and Manus ...

Alibaba's open-source of Qwen models to boost cloud business, democratize AI usage and promote applications. Tsai highlights competition and benefits.