Nvidia(US:NVDA) news flash·2025-07-18 09:20Core Insights - Huang Renxun, founder of Nvidia, held a two-hour meeting with Yan Junjie, founder of Chinese AI startup MiniMax, highlighting the importance of collaboration in AI development [1] - MiniMax is reportedly nearing the completion of a new financing round of approximately $300 million and is seeking to go public on the A-share market [1] - Huang emphasized the significance of open-source AI and stated that Nvidia will closely collaborate with innovators in the field [1] Company Developments - MiniMax is in the process of securing nearly $300 million in new funding [1] - The company is planning to pursue an initial public offering (IPO) on the A-share market [1] Industry Trends - The meeting underscores the role of Chinese AI companies like MiniMax in driving global AI advancements [1] - Huang Renxun's comments reflect a broader industry trend towards open-source AI and collaboration among tech innovators [1]