MiniMax
MiniMax67
About
What does MiniMax do?
MiniMax is a leading global technology company and one of the pioneers of large language models (LLMs) in Asia. Our mission is to build a world where intelligence thrives with everyone. MiniMax develops proprietary LLMs across various modalities, including a trillion-parameter MoE model, a speech model with low latency and native support for major Asian languages, and a state-of-the-art text-to-speech and text-to-video models. Leveraging these multi-modality general-purpose models, the MiniMax A…
What is MiniMax's revenue?
StartupHub estimates MiniMax's annual revenue at $135.1M (range $70.7M to $241.7M, 66% confidence), based on comparable companies in the sector.
What is MiniMax's valuation?
StartupHub estimates MiniMax's effective valuation at $8.7B (range $5.0B to $12.0B, 16% confidence), based on comparable companies in the sector.
How much funding has MiniMax raised?
MiniMax has raised a total of $2.0B in funding. The most recent round on record is Funding Round.
When was MiniMax founded?
MiniMax was founded in 2021.
What industry does MiniMax operate in?
MiniMax operates in Artificial Intelligence, Large Language Model, Multimodal AI, Generative AI, Foundation Model.
How many employees does MiniMax have?
MiniMax has approximately 500 people on record.
Where is MiniMax headquartered?
MiniMax is headquartered in Shanghai, China.
MiniMax's M2.5 and M3 models are optimized for coding and agentic tasks, directly competing with GitHub Copilot's AI-powered code generation and assistance features.
MiniMax develops proprietary large language models and multimodal AI, directly competing with Google's Gemini API which offers access to Gemini models for various AI applications.
Edgee, a gateway for coding agents, already uses MiniMax models connected to its agents due to their performance and competitive pricing.
Zoer.ai utilizes MiniMax's advanced reasoning capabilities for high precision in complex task planning and logical orchestration for building full-stack web applications.
ToonTalk, which designs AI friends for children, uses MiniMax to enable its characters to chat realistically.
Labs AI leverages MiniMax's cloning technology for its Voice Clone feature, delivering accurate voice replication with minimal audio input.
Midjourney could integrate MiniMax's multimodal foundation models to enhance its image and video generation capabilities, offering more diverse and sophisticated creative tools to its users.
Stability AI could utilize MiniMax's open-weight multimodal models to expand its offerings in text, audio, image, and video generation, aligning with its focus on open-source AI development.
Buyer fit inferred by StartupHub from what MiniMax sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.
Microsoft would gain a leading position in Asian large language models and multimodal AI, strengthening its competitive stance against other major AI players and expanding its global market reach.
Precedent: Acquired Nuance Communications, 2022
Alphabet could integrate MiniMax's advanced multimodal LLMs and consumer-facing AI products like Talkie and Hailuo into its Google AI and Cloud offerings, enhancing its ecosystem and user base.
Precedent: Acquired DeepMind, 2014
ByteDance could acquire MiniMax to further bolster its generative AI capabilities, particularly in multimodal models for video and audio, and expand its enterprise API offerings.
Precedent: Acquired Moonton, 2021
Tencent, an existing backer of MiniMax, could fully acquire the company to deepen its AI research and development, integrating MiniMax's LLMs and multimodal technologies into its vast social and gaming platforms.
Precedent: Acquired Supercell, 2016
Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.
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An entrant is a company tagged Large Language Model whose domain was first registered in the window, counted from registry records in the StartupHub directory. 21 of them registered in the last 30 days. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.
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