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China's MiniMax sees revenue nearly quadruple in first half as AI demand surges - The Economic Times
Revenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-source-based models from Chinese providers. MiniMax said it will keep pushing to extend the "performance-cost frontier," first getting performance to a level that can handle complex real-world tasks and then improving efficiency to allow capabilities to be rolled out more widely and affordably.
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cryptobriefing.com
MiniMax revenue surges 283% in first half of 2026 as enterprise AI demand explodes
MiniMax Group reported $116.6 million in H1 2026 revenue, up 283% year-over-year, driven by a 703% surge in its Open Platform and enterprise
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scmp.com
MiniMax revenue more than triples but remains behind pace to meet forecast
Despite soaring revenue and enterprise growth, MiniMax’s results underscore the fierce competition with US and Chinese AI labs.
