MiniMax, a fast-growing AI startup out of Shanghai, is now weighing a potential IPO in Hong Kongone that could give investors a direct line into China's new generation of AI contenders. Valued at ...

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. MiniMax claims that MiniMax-Text-01, which is 456 billion ...

(Reuters) - Walt Disney, Comcast's Universal and Warner Bros Discovery have jointly filed a copyright lawsuit against China's MiniMax alleging that its image- and video-generating service Hailuo AI ...

Disney, Warner Bros. Discovery and NBCUniversal are taking legal aim at another AI company that they allege is massively ripping off their intellectual property. On Tuesday, the three media companies ...

U.S. media giants Disney (NYSE:DIS), Warner Bros. Discovery (NASDAQ:WBD), and Universal (NASDAQ:CMCSA) have jointly filed a lawsuit against Chinese artificial intelligence company MiniMax for ...

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MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to ...

A group of artificial intelligence (AI) start-ups are emerging as China’s best hopes for reaching the frontier of ChatGPT-like technology, as they draw increasing attention from users and investors.

BEIJING/HONG KONG, June 1 (Reuters) - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 ...

The suit, filed in the district court in California on Tuesday, claims MiniMax "audaciously" used the studios' famous copyrighted characters to market Hailuo as a "Hollywood studio in your pocket" and ...