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Hong Kong, AI and MiniMax

Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say

Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this year,

The Wall Street Journal on MSN · 21h

Alibaba-Backed Chinese AI Startup Files for Hong Kong IPO

MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap public markets.

South China Morning Post · 11h

MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO

MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on market conditions, Reuters said.

Reuters on MSN · 1d

Chinese AI firm MiniMax files confidentially for Hong Kong IPO, sources say

By Kane Wu, Liam Mo and Che Pan HONG KONG (Reuters) -Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the float,

Yahoo Finance · 28d

Alibaba-Backed ‘AI Dragon’ MiniMax Plans Hong Kong IPO

MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a landmark industry debut for a Chinese AI startup valued at about $3 billion.

Seeking Alpha28d

Alibaba-backed MiniMax mulls Hong Kong IPO | Seeking Alpha

Chinese AI startup MiniMax is considering an IPO in Hong Kong, Bloomberg News reported. MiniMax, one of China’s so-called 'new AI tigers or dragons which is valued at about $3B, could aim to ...

Insider Monkey22d

Alibaba (BABA) Backed MiniMax Planning IPO - Insider Monkey

The IPO would allow people to invest in a new generation firm advancing AI technology. The Alibaba-backed startup has already released an A1 reasoning model called M1 that is less resource ...

VentureBeat1mon

MiniMax-M1 is a new open source model with 1M TOKEN context | VentureBeat

MiniMax-M1 presents a flexible option for organizations looking to experiment with or scale up advanced AI capabilities while managing costs.

Forbes1mon

The Chime IPO Will Kickstart A Fintech Investment Comeback

Chime’s IPO is more like a secure base camp than a flag planted atop Everest. The IPO could renew VC interest in fintech—but the money probably won’t go to new neobanks.

Reuters1mon

Circle's IPO and the new era of stablecoin regulation in the U.S.

The renewed IPO effort would seem to reflect Circle's confidence in the future of stablecoins and its belief that clearer rules will unlock broader institutional adoption.

28d

Alibaba-backed Chinese AI startup MiniMax reportedly eyeing Hong Kong IPO

Chinese artificial intelligence startup MiniMax is planning an initial public offering in Hong Kong that could happen as early as this year, according to a Bloomberg report on Wednesday.

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