MiniMax与智谱同日通过港交所聆讯，谁将成为“全球大模型第一股”？

Core Insights - MiniMax has received approval from the China Securities Regulatory Commission and has passed the Hong Kong Stock Exchange hearing, indicating a potential public listing [1] - The company has developed a series of multimodal general large models, including MiniMax M2, Hailuo 2.3, Speech 2.6, and Music 2.0, which can understand and generate various modalities such as text, audio, images, video, and music [1] - MiniMax's AI native products have reached over 212 million individual users across more than 200 countries and regions, as well as over 100,000 enterprise clients and developers [1] Company Developments - In October, MiniMax launched upgraded versions of its voice model Speech 2.6 and music model Music 2.0, and also open-sourced its next-generation text model MiniMax-M2, which ranked among the top five globally and first in open-source on the Artificial Analysis leaderboard [2] - Founded in 2021, MiniMax has notable backing from major internet companies and is in the process of completing a new financing round of nearly $300 million, which would value the company at over $4 billion [3] - Previous funding rounds include a $600 million Series B round led by Alibaba, raising the valuation to $2.5 billion, and a Series A round of over $250 million backed by Tencent [3]