Tag: AI innovation
MiniMax's confidential Hong Kong IPO filing targets $4B+ valuation and $510M raise, aiming to revolutionize AI market by late 2025
Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, aiming to raise over $510 million and secure a valuation exceeding $4 billion. Backed by Alibaba and Tencent, MiniMax plans to list by the end of 2025, leveraging Hong Kong’s booming...
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16 Jul, 12:58 PM
OpenAI Researchers Jason Wei and Hyung Won Chung Join Meta’s New Superintelligence Lab Amid Intensifying AI Talent Race
OpenAI researchers Jason Wei and Hyung Won Chung, key contributors to the o3 and Deep Research AI models, are joining Meta’s new Superintelligence Lab. Their expertise in reinforcement learning and reasoning will help advance Meta’s ambitious efforts to d...
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16 Jul, 12:02 PM