Chinese AI start-up MiniMax intensifies competition with new open-source models

Chinese AI start-up MiniMax intensifies competition with new open-source models

Chinese artificial intelligence (AI) start-up MiniMax has launched a new series of open-source models, intensifying the competition among mainland technology firms to deliver cost-effective AI systems that can rival top offerings from US competitors.
The Shanghai-based company on Tuesday unveiled the MiniMax-01 large language model (LLM) family, which includes a general-purpose foundational model, the MiniMax-Text-01, and the multimodal MiniMax-VL-01 with visual capabilities. LLMs are the…

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https://www.scmp.com/tech/big-tech/article/3294900/chinese-ai-start-minimax-releases-low-cost-open-source-models-rival-top-chatbots