MiniMax-M1: China’s Open-Source Powerhouse Redefines Large Language Models
Summary Overview of Minimax and M1 Minimax, a Shanghai-based AI startup founded in 2021, has made waves with its MiniMax M1 model, launched in June 2025. Backed by major investors like Alibaba and Tencent, the company is eyeing a Hong Kong IPO, potentially valuing it at $3 billion. M1 is an open-weight reasoning model, notable … Read more