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Chinese AI Developer MiniMax Raises HK$16 Billion From Equity, Convertible Bond Sale
The company plans to use the proceeds to expand its AI infrastructure and accelerate the global rollout of its agent products
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cryptobriefing.com
MiniMax seeks to raise $2B through share and bond sales as AI funding race heats up
MiniMax Group plans to raise HK$14.54 billion ($2B) through new shares and convertible bonds, just months after its Hong Kong IPO raised $619 million.
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caixinglobal.com
Chinese AI Developer MiniMax Raises HK$16 Billion From Equity, Convertible Bond Sale
The company plans to use the proceeds to expand its AI infrastructure and accelerate the global rollout of its agent products
