Chinese AI Firm MiniMax’s ARR Jumps to $800 Million

The Information | 26-08-2026 03:14pm |

Chinese AI developer MiniMax announced that its annualized revenue run rate reached $800 million this month, up from $150 million in February. The surge is attributed to strong demand from enterprise customers for its new AI video model and large language models. This growth reflects a shift in the company's focus towards serving business clients.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.