Chinese AI company MiniMax reported its first-half 2026 financial results, with revenue from its open platform and enterprise AI services rising 703.1%

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.