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June 1, 2023
The deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and prompting a flurry of domestic companies, such as Alibaba, Huawei, and Baidu, to announce rival products.
June 1, 2023
BEIJING/HONG KONG - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million (S$338 million) that will value it at about $1.2 billion, people familiar with the matter said. The deal comes amid a global AI buzz kicked off by ChatGPT that has spread to...
June 1, 2023
Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 million that will value it at about $1.2 billion, people familiar with the matter said.
June 1, 2023
BEIJING/HONG KONG: Chinese start-up MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million that will value it at about US$1.2 billion, people familiar with the matter said. The deal comes amid a global AI buzz
June 1, 2023
BEIJING/HONG KONG: Chinese start-up MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million that will value it at about US$1.2 billion, people familiar with the matter said. The deal comes amid a global AI buzz
June 1, 2023
An entity linked to technology giant Tencent is said to be among the investors.
April 10, 2023
Alibaba and Baidu join the AI fray, but US. export controls on crucial chips may slow Chinese progress.