Large language model upstarts Zhipu and MiniMax raised $1 bln in Hong Kong IPOs. Both are bleeding on R&D costs. With venture ...
At first glance, it looks like the start of a human pregnancy: A ball-shaped embryo presses into the lining of the uterus ...
MiniMax has raised $619 million in its Hong Kong IPO at a $6.5 billion valuation, joining Zhipu AI as Chinese firms beat OpenAI to public markets.
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