MiniMax Targets Global Expansion After Strong 2025 AI Growth
MiniMax posts strong 2025 growth, with AI subscription and enterprise sales surging. The company plans global expansion and a broader product lineup.
Claude Targeted by Large-Scale AI Theft, Anthropic Responds to Protect Its Systems
Anthropic reveals industrial-scale campaigns by DeepSeek, Moonshot, and MiniMax to extract Claude’s capabilities via fraudulent accounts, highlighting national security and AI safety risks.
Anthropic Flags Chinese Firms Misusing Claude for AI Training
By
Marcus Lee
Anthropic says DeepSeek, Moonshot, and MiniMax used 24,000 fake accounts to extract AI capabilities from Claude, violating terms of service and regional restrictions.
China AI Startup MiniMax Sees Shares Double in $620M Hong Kong IPO
China-based AI startup MiniMax raised $620 million in its Hong Kong IPO, with shares doubling on the first day. The company develops large language models and AI applications for global users.
MiniMax Targets Hong Kong IPO Backed by Alibaba Group
Chinese AI startup MiniMax plans a Hong Kong IPO, aiming to raise over $600 million with backing from Alibaba and Abu Dhabi Investment Authority. The move positions MiniMax as a key player in China’s generative AI market.
China Proposes AI Rules to Protect Children and Safety
China’s Cyberspace Administration proposed strict AI regulations to protect children and prevent chatbots from promoting self-harm, violence, or gambling, while ensuring human oversight in sensitive interactions.
China’s OpenAI Rivals Reveal IPO Economics
By
Olivia Grant
Chinese generative AI startups MiniMax and Zhipu AI have disclosed their financials ahead of potential Hong Kong listings, highlighting modest revenues and mounting losses compared with U.S. peers.
Disney Accuses Google of Massive AI Copyright Infringement
By
Marcus Lee
Disney alleges Google trained and deployed AI models that generate infringing images of its characters, demanding immediate action to halt unauthorized use.
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