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MiniMax

Chinese AI lab developing large language models and generative AI products, including the MiniMax model series used for text, voice, and video generation.

Known aliases

  • Minimax
  • MiniMaxAI
  • MiniMax AI
  • MiniMax-AI
  • MiniMax Code
  • MiniMax Group
  • Shanghai MiniMax Co., Ltd.

Relationships

No evidence-backed relationships are recorded.

Current stories

security8 publishers

NSA, CISA and FBI name six Chinese AI companies as industrial-scale distillers of US models

The conduct described is authorised API traffic at scale rather than an intrusion, the detection asked for is billing telemetry providers already hold, and on Beijing's role the advisory goes no further than likely government awareness.

Perspective Coverage

8 publishers
Builder
Builder 30%
Operator
Operator 50%
Investor
Investor 20%

Reality

Evidence55
Adoption
Insufficient
Hype gap+20
Incentives55
Confidence60
invest3 publishers

Anthropic's Alibaba distillation count rose fivefold while the accounts behind it shrank sevenfold

The September threat report puts 151 million Claude exchanges on 3,500 accounts Anthropic links to Alibaba, about 469 a day per account. The only figure denominated in money anywhere near it is a 2.7% share move.

Perspective Coverage

3 publishers
Builder
Builder 28%
Operator
Operator 35%
Investor
Investor 37%

Reality

Evidence45
Adoption
Insufficient
Hype gap+20
Incentives65
Confidence50
build3 publishers

DeepSeek's new encoder-decoder splits inference into an 8B prefill and a 16B decode

V4.1-Flash retires the V4 Pro line and carries two active-parameter counts, 763B total with 8B on input tokens and 16B on output, so one sizing number no longer covers both phases of a request. Baseten had it running on day zero.

Publishers:businesstimes.com.sgdev.tolatent.space

Perspective Coverage

3 publishers
Builder
Builder 40%
Operator
Operator 28%
Investor
Investor 32%

Reality

Evidence60
Adoption35
Hype gap+25
Incentives40
Confidence58
invest3 publishers

Zhipu fell four times as far as Tencent on Beijing's DeepSeek data probe

The Cyberspace Administration sent officials into DeepSeek and Moonshot AI to ask whether user requests were routed through Anthropic's Claude. Hong Kong investors sold the listed model developers hardest.

Perspective Coverage

3 publishers
Builder
Builder 27%
Operator
Operator 30%
Investor
Investor 43%

Reality

Evidence45
Adoption40
Hype gap+25
Incentives70
Confidence55

Earlier coverage

  1. Nomic's CEO alleges startups resell frontier traces generated on lab credits

    Build · September 14, 2026 · 1 publisher

  2. HUMAIN agreed to keep Chinese frontier training off its US-approved compute

    Invest · September 13, 2026 · 1 publisher

  3. JoyIn says it has started suing OpenAI over the distillation of its Aether model

    Product · September 13, 2026 · 1 publisher

  4. H3 Max renders five seconds of 768p video in about three seconds, soundtrack included

    Build · September 12, 2026 · 1 publisher

  5. Three U.S. agencies name six China-based AI companies as distilling frontier models

    Science · September 10, 2026 · 1 publisher

  6. Garry Tan relocates AI's moat from the model weights to the price list

    Invest · September 10, 2026 · 1 publisher

  7. ShinyHunters affiliates escalated one stolen token to full cloud admin in about three hours

    Product · September 10, 2026 · 1 publisher

  8. Moonshot's $3bn Hong Kong raise would sell about 6 per cent of a $50bn company

    Invest · September 10, 2026 · 1 publisher

  9. NSA, CISA and FBI ask providers to quietly route suspected distillers to weaker models

    Build · September 10, 2026 · 2 publishers

  10. CISA, NSA and FBI warn US AI firms of industrial-scale distillation by Chinese companies

    Product · September 9, 2026 · 1 publisher

  11. Three US agencies advise AI providers to quietly degrade answers for suspected distillers

    Product · September 9, 2026 · 1 publisher

  12. NSA advisory tells AI providers to subtly degrade answers for suspected distillation accounts

    Security · September 8, 2026 · 1 publisher

  13. NVIDIA's 1.653-second H3 clip is built on a four-step adapter, with faster kernels layered on top

    Build · September 7, 2026 · 1 publisher

  14. A Beijing dumpling shop gives away more AI credit with a meal than China Telecom sells for a month

    Product · September 4, 2026 · 1 publisher

  15. Anthropic calls Chinese AI distillation 'theft,' citing national security risks

    Invest · September 3, 2026 · 1 publisher

  16. HUMAIN post-trains MiniMax's 428B base into Saudi Arabia's Arabic flagship

    Build · September 3, 2026 · 1 publisher

  17. Eight B300s finish a 10.125-second MiniMax clip with 1.4 seconds of headroom

    Build · September 1, 2026 · 1 publisher

  18. fal reports 35x MiniMax's own H3 endpoint after tuning the weights to its runtime

    Build · September 1, 2026 · 1 publisher

  19. Fal reached continuous video generation by tuning inference on someone else's model

    Build · August 31, 2026 · 1 publisher

  20. MiniMax's revenue nearly quadrupled. Its gross profit covers 7% of its adjusted loss.

    Invest · August 26, 2026 · 2 publishers

  21. DeepSeek V4 doubled its OpenRouter token share, and the bill it displaced was ~130x bigger

    Invest · August 25, 2026 · 1 publisher

  22. MiniMax maps H3 from one 24GB card to SGLang, and keeps the interpreter in-house

    Build · August 24, 2026 · 1 publisher

  23. The $20,000 red team: US guardrails push Bitcoin's defenders onto Chinese models

    Invest · August 22, 2026 · 1 publisher

  24. China's chip and AI firms are bonding whole payrolls in stock, and repricing every counteroffer

    Invest · August 22, 2026 · 1 publisher

  25. Your video API takes duration: 10 and renders 8.708 seconds

    Build · August 21, 2026 · 1 publisher

  26. Chinese models now carry 60% of OpenRouter traffic, and 58% of what US firms route

    Invest · August 21, 2026 · 1 publisher

  27. The $100 sorority girl and the end of buying attention by the view

    Leadership · August 20, 2026 · 1 publisher

  28. Mojo is Apache 2.0 now. The licence was never the hard part

    Build · August 19, 2026 · 3 publishers

  29. H3's reference path is a different checkpoint, capped at 12 files, and stops at 768p

    Build · August 18, 2026 · 1 publisher

  30. A 12MB Go binary bets agent cost control is cache stickiness, not a dashboard

    Build · August 18, 2026 · 1 publisher

  31. Southeast Asia's $4.1bn AI year is one cheque plus a rounding error

    Invest · August 15, 2026 · 1 publisher

  32. 1.5% of Hugging Face repos take 99.2% of downloads, and the ceiling is Chinese

    Build · August 14, 2026 · 1 publisher