Last week, two of the biggest and oldest companies in the burgeoning AI drug discovery space announced a surprise merger. In a roughly 75-25 deal, Recursion Bio and Exscientia will (if the merger goes ...
Shares of Chinese artificial intelligence start-up MiniMax Group surged on their Hong Kong debut on Friday, reflecting investor confidence after securing substantial support from global institutional ...
In one of the biggest M&A deals involving artificial intelligence-focused drug developers to date, Recursion Pharma has agreed to join with Exscientia in an all-stock transaction valued at $688 ...
The red-hot Hong Kong initial public offerings (IPOs) of Zhipu AI and MiniMax Group, two of China’s hopefuls to take on US giants like OpenAI and Anthropic, have given a boost to Beijing’s ambitions ...
MiniMax shares doubled in Hong Kong debut, beating rival Zhipu AI’s first-day gains. The IPO highlights China’s race to fund homegrown AI firms despite U.S. curbs on advanced chips. Rapid user growth ...
Chinese AI company MiniMax is expected to price its Hong Kong IPO at the top of its range and raise about $538M, Reuters reported, citing three people familiar with the matter. At the higher end, the ...
Chinese artificial intelligence startup MiniMax Group Ltd. went public in Hong Kong today and raised about $619 million, highlighting strong investor appetite for generative AI companies on both sides ...
SINGAPORE/HONG KONG/BEIJING, Jan 9 (Reuters) - MiniMax Group (0100.HK), opens new tab, the second of China's so-called "AI tigers" to go public, saw its shares double in value on their first day of ...
eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...
This article first appeared on GuruFocus. MiniMax Group Inc., one of China's largest generative AI startups, delivered a blockbuster Hong Kong debut after raising $619 million in its initial public ...
Shanghai-based AI company MiniMax listed on the Hong Kong Stock Exchange on Jan. 9. Shares surged more than 50% during intraday trading, pushing the company’s market capitalization above HK$76.3 ...
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