MiniMax to Raise $538M in Hong Kong IPO at Top Price
MiniMax prices Hong Kong IPO at top range, raising $538M with $6.5B valuation amid strong demand for Chinese AI startups.
DeepSeek Launches New AI Models Rivaling GPT-5
Hangzhou-based DeepSeek releases two advanced AI models that match GPT-5 and Gemini-3.0-Pro performance at lower costs.