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Sources: Chinese AI startup MiniMax raised $600M+ led by Alibaba at a $2.5B+ valuation; the round remains in progress and HongShan has committed funds (Jane Zhang/Bloomberg)
March 5, 2024, 10:35 a.m. |
Techmeme www.techmeme.com
Jane Zhang / Bloomberg:
Sources: Chinese AI startup MiniMax raised $600M+ led by Alibaba at a $2.5B+ valuation; the round remains in progress and HongShan has committed funds — - Minimax scores funding from investors including HongShan — Alibaba has spearheaded two major deals so far this year
alibaba bloomberg chinese chinese ai funding jane minimax progress startup valuation
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