Tuesday, March 5, 2024

Sources: Chinese AI startup MiniMax raised $600M+ led by Alibaba at a $2.5B+ valuation; the round remains in progress and HongShan has committed funds (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Sources: Chinese AI startup MiniMax raised $600M+ led by Alibaba at a $2.5B+ valuation; the round remains in progress and HongShan has committed funds  —  - Minimax scores funding from investors including HongShan  — Alibaba has spearheaded two major deals so far this year



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...