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MiniMax Hits $800M in ARR: Report (MMXGY:OTCMKTS)
Enterprise services drove more than 700% growth in MiniMax revenue, but first-half sales reached only 32% of analysts’ full-year forecast.
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10 Articles
10 Articles
Chinese startup MiniMax billed $116.6 million in the first semester, 283% more than a year ago
·Vicente López, Argentina
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MiniMax boosted its revenue and reduced its losses, while the Chinese artificial intelligence company worked to reduce the capacity gap in relation to the main AI model developers. Exclusive material for subscribers. To have full access, access the material link and register.
·Rio de Janeiro, Brazil
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MiniMax Revenue Surges 283%, Missing Full-Year Forecasts
Chinese artificial intelligence firm MiniMax reported a 283 per cent surge in first-half revenue to US$116.6 million, powered by a 700 per cent jump in its enterprise business. This growth, however, falls short of full-year analyst forecasts. Performance indicates strong competition from American and Chinese AI laboratories.
Coverage Details
Total News Sources10
Leaning Left0Leaning Right3Center2Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
C 40%
R 60%
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