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MiniMax boosts Alibaba cloud budget 220% to fuel next-gen AI models
Chinese AI firm burns through two-thirds of its cloud budget by June, forcing a dramatic increase in its Alibaba deal ceiling.
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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.
