Zhang Qianchuan, Head of Product at Domestic AI Big Model Startup MiniMax, Leaves, Says Source

According to Intelligent Surge, China's big AI modelsStartups MiniMax Zhang Qianchuan, head of product and former head of user product at Today's Headline.Due to personal reasons, he has now stepped down from the company's affairs to take up the position of product consultant..

MiniMax responded that the message was true and thanked Maekawa for his dedication and hard work.

A source said that the product advisor is actually a dummy position thatZhang Qianchuan is no longer involved in the company's business, no different from leaving the company..

Zhang Qianchuan, Head of Product at Domestic AI Big Model Startup MiniMax, Leaves, Says Source

Previously, Jang was responsible for two of the company's main products, Hoshino and Conch, within MiniMax, according to the report, and in mid-2024 Jang stepped back from making decisions on Hoshino. In mid-2024, Zhang Qianchuan stepped back from decision-making on Starfield and became involved in the day-to-day operations of MiniMax's productivity tool, Conch AI, as well as some of the company's other products. Following Zhang's departureMiniMax not revealing new head of product yet.

MiniMax was founded in 2021 by a number of former employees of ShangTech, including John Yan, former vice president of ShangTech and vice president of ShangTech Research Institute. The company is working on an AI solution similar to ChatGPT.

Last June MiniMax was rumored to have raised a total of more than 250 million U.S. dollars in financing, and its valuation will reach about 1.2 billion U.S. dollars after the financing is completed. In addition, the company was revealed to have received investments from Tencent, Miha Tour, Ali and others.

In April of this year, MiniMax launched the abab 6.5 series of models for the MoE hybrid expert model architecture, claiming that the core capabilities are starting to approach those of GPT-4, Claude-3, and Gemini-1.5.

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