The generative AI startup said business-to-business services accounted for 80% of its August annualized recurring revenue, signaling a strategic shift toward monetization

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

Despite soaring revenue and enterprise growth, MiniMax’s results underscore the fierce competition with US and Chinese AI labs.