OpenAI Cuts Off API Supply to China, China’s Large Model Companies Launch ‘Relocation Plan’ OpenAI has stopped providing API services to China, and Chinese large model companies are launching 'relocation plans' one after another.
Startup Company MiniMax Completes Series B Funding, Doubling Its Valuation Startup company MiniMax completes round B financing, led by Alibaba, with a doubled valuation in the new round.
Alibaba Leads Funding for Large-Scale Model Startup MiniMax The large-scale model startup project MiniMax is undergoing a new round of major financing, with Alibaba as the core lead investor.
Tencent Backs Large-Scale AI Models with Investment in MiniMax Tencent has reportedly made its first investment in large-scale AI models, contributing to a new $250 million financing round for startup MiniMax, which values the firm at over $1.2 billion.
