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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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...