Start-up Projects

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...