Tuesday, December 30, 2025

Sources: Chinese AI startup MiniMax is seeking to raise $600M+ from its Hong Kong IPO, set for January 2026, and has secured Alibaba and the ADIA as backers (Bloomberg)

Bloomberg:
Sources: Chinese AI startup MiniMax is seeking to raise $600M+ from its Hong Kong IPO, set for January 2026, and has secured Alibaba and the ADIA as backers  —  Chinese artificial intelligence startup MiniMax has secured Alibaba Group Holding Ltd. and Abu Dhabi Investment Authority as key backers …



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...