MiniMax
MiniMax develops multimodal AI models and consumer applications, including the AI character apps Talkie and Xingye and the video-generation service Hailuo AI. It trains and serves its own models.
PrivateShanghai, ChinaAI labsChina bandValuation, March 2024 financing round $2.5B (as of Mar 2024)
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Anthropic is flagged with MiniMax
In February 2026 Anthropic accused MiniMax and two other Chinese AI companies of using fraudulent accounts to generate Claude interactions for distillation. This is an allegation.