Dow Jones Top Company Headlines at 1 AM ET: OpenAI's No. 2 Executive to Step Down in Latest Leadership Shake-up | MiniMax ...

MiniMax CEO gives up salary as stock plunges 80% from peak

MiniMax CEO foregoes salary indefinitely, raises $2B for AGI as stock crashes 80% post-IPO lock-up. Signals sustained AI commitment amid crisis; 4% equity to staff and 1% to open-source underscore intensifying talent retention wars in frontier AI.