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MiniMax bets US$2 billion on AI infrastructure as lock-up selloff deepens its split with Z.ai

, DIGITIMES, Taipei
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Credit: AFP

Chinese artificial-intelligence developer MiniMax is raising HK$16 billion (approx. US$2.04 billion) through a share placement and convertible bonds to accelerate spending on AI infrastructure and large-model development, pressing ahead with its most...

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