Applications · Company

MiniMax

Tracked roles0

Latest disclosed valuation$4.2BAug 16, 2025

Funding history11Sourced rounds

Founded—

HeadquartersHong Kong (corporate/IR materials reference HKEX listing; see also prospectus for corporate structure)

OwnershipPublicHK:00100

2021Pre-IPO Investment Series (Pre-IPO Investments)$0K

2021Angel Series (Pre-IPO investment)$0K

2022Angel Series (Pre-IPO Investments)$0K

2022Pre-A Series (Pre-IPO investment)$0K

2023Pre-A Series (Pre-IPO Investments)$0K

2023Series A (Pre-IPO Investments)$0K

2023Series A (Pre-IPO investment)$0K

2024Pre-B (Pre-IPO Investments)$0K

Company overview

What MiniMax does

MiniMax (HKEX:00100; MiniMax Group Inc.) is a frontier-labs style AI company building multimodal foundation models (text, video, speech, and music) and distributing them through AI-native consumer products plus an enterprise/developer “Open Platform” with an API and token plans. Its model strategy centers on long-context and agentic/coding-oriented LLM capabilities alongside task-general video generation, and it increasingly positions its systems work (e.g., long-context sparse attention and agent training frameworks) as key differentiation.

Headline	Source	Date
Saudi Arabia’s Humain Unveils AI Model Based on China’s MiniMaxSaudi Arabia’s AI company Humain has built a national AI platform based on an open model from Chinese lab MiniMax, reflecting efforts by countries to gain tighter control over AI technology. Bloomberg Technology↗	Bloomberg Technology↗	Sep 9, 2026Updated
MiniMax Co-Founder Links AGI Milestone to 1% of Global GDP OutputMiniMax Group co-founder Yeyi Yun said the milestone for artificial general intelligence should be defined by its ability to generate 1% of the global economy. Bloomberg Technology↗	Bloomberg Technology↗	Sep 9, 2026Updated
MiniMax Co-Founder Discusses Chinese AI Lab's Business StrategyYeyi Yun, co-founder and president of Chinese AI lab MiniMax, discusses the company's business strategy at the Goldman Sachs Asia Leaders Conference, according to Bloomberg. Bloomberg Technology↗	Bloomberg Technology↗	Sep 9, 2026Updated
MiniMax H3 and H3 Max receive 50% discount on Vercel AI GatewayVercel announced a 50% discount on MiniMax H3 and H3 Max requests billed through AI Gateway from August 30 through September 13. Existing model IDs remain unchanged, so current integrations receive the discounted rate wi… Vercel↗	Vercel↗	Sep 9, 2026Updated
Chinese AI Firm MiniMax’s ARR Jumps to $800 MillionThe Information reports that Chinese AI firm MiniMax’s annual recurring revenue has risen to $800 million. The Information↗	The Information↗	Sep 9, 2026Updated
MiniMax M3 and M2.7 are free on Vercel AI Gateway via GMI CloudVercel AI Gateway is offering free access to MiniMax M3 and M2.7 through GMI Cloud until Sunday, September 6. After the free period, users must switch from the -free model IDs to standard IDs, with requests billed at the… Vercel↗	Vercel↗	Sep 9, 2026Updated
MiniMax H3 now available on Vercel AI GatewayMiniMax H3 is now available through Vercel AI Gateway, supporting 2K video generation from text prompts, images, keyframes, and multimodal reference material. It produces 5- to 15-second MP4 videos in multiple aspect rat… Vercel↗	Vercel↗	Sep 9, 2026Updated
MiniMax M3 is now available on Vercel AI GatewayVercel AI Gateway has added MiniMax M3, a multimodal model with a 1M-token context window, support for image inputs, and capabilities for software engineering, terminal-based tool use, agentic web browsing, and multi-tur… Vercel↗	Vercel↗	Sep 9, 2026Updated

MiniMax

What MiniMax does

Funding

Key people