MiniMax

According to Intelligent Surge, Zhang Qianchuan, head of product at Chinese AI big model startup MiniMax and former head of user products at Today's Headline, has faded out of the company's affairs for personal reasons, taking on the role of product consultant instead. MiniMax responded that the news is true and thanked Qianchuan for his efforts. A person familiar with the matter said that the product consultant is in fact a virtual position, Zhang Qianchuan is no longer involved in the company's business, and the departure is no different. According to the report, Zhang was previously in charge of two of the company's main products, Hoshino and Conch, within MiniMax. 2024, Zhang faded back into the...

According to Jiemian News and Sci-Tech Innovation Board Daily, citing people familiar with the matter, MiniMax, a general large-scale model startup, is undergoing a new round of large-scale financing, with Alibaba as the core lead investor (the largest venture capitalist in a round of financing). Previously, MiniMax had completed three rounds of financing, with investors including Tencent and Mihoyo. As of press time, neither MiniMax nor Alibaba responded to the news. Not long ago, another large-scale model startup, "Dark Side of the Moon", also reportedly completed a $1 billion (IT Home Note: Currently about 7.21 billion yuan) round of financing...