Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best
Chinese companies continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMaxa startup supported by Alibaba and Tencent which has raised approximately $850 million in venture capital and is valued at over $2.5 billion, made his debut three new models: MiniMax-Text-01, MiniMax-VL-01 and…