Chinese AI Firm MiniMax Soars in Hong Kong Trading Debut
MiniMax, one of China’s largest generative AI startups, surged in its trading debut in Hong Kong after raising $619 million in its initial public offering. Co-founder and COO Yeyi Yun says the company plans to use the proceeds for R&D for foundation models. She also discusses overseas expansion plans on Bloomberg’s The China Show.
(Source: Bloomberg)
