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China AI Startup MiniMax Plans Hong Kong IPO at $3 Billion Valuation, Founded in 2022 by Yan Junjie, Yang Bin & Zhou Yucong, Investors Include MiHoYo, Alibaba, Tencent, Hillhouse Investment, HongShan & IDG Capital
20th June | Hong Kong
China AI startup MiniMax has been reported to be planning for a Hong Kong IPO at $3 billion valuation. MiniMax was founded in 2022 by Yan Junjie, Yang Bin & Zhou Yucong. MiniMax investors include MiHoYo, Alibaba, Tencent, Hillhouse Investment, HongShan & IDG Capital. Profile – MiniMax is a leading global Artificial General Intelligence technology company. Founded in early 2022, we are committed to advancing the frontiers of AI towards AGI via our mission Intelligence with Everyone. Our proprietary multimodal models, led by MiniMax M1, Hailuo-02, Speech-02 and Music-01, have ultra-long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, audio, images, video, and music. These models power our major AI-native products — including MiniMax, Hailuo AI, MiniMax Audio, Talkie, and our enterprise and developer-facing Open API Platform — which collectively deliver intelligent, dynamic experiences to enhance productivity and quality of life for users worldwide. To date, our proprietary models and AI-native products have collectively served tens of millions of users globally across text, audio, video, and music applications, and over 50,000 registered enterprise customers and developers across more than 200 countries and regions.
“ China AI Startup MiniMax Plans Hong Kong IPO at $3 Billion Valuation, Founded in 2022 by Yan Junjie, Yang Bin & Zhou Yucong, Investors Include MiHoYo, Alibaba, Tencent, Hillhouse Investment, HongShan & IDG Capital “
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China AI Startup MiniMax Plans Hong Kong IPO at $3 Billion Valuation, Founded in 2022 by Yan Junjie, Yang Bin & Zhou Yucong, Investors Include MiHoYo, Alibaba, Tencent, Hillhouse Investment, HongShan & IDG Capital
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