MiniMax上线M2.5编程模型，股价一度涨超20%

Core Viewpoint - The launch of MiniMax's latest flagship programming model, MiniMax M2.5, coincides with the introduction of GLM-5 by Zhiyu, highlighting competition in the AI programming model space [1] Group 1: Product Features - MiniMax M2.5 is designed specifically for intelligent agent scenarios and is a production-grade model [1] - The model's performance is comparable to top international models like Claude Opus 4.6, supporting full-stack programming development across PC, App, and cross-platform applications [1] - M2.5 is particularly suited for productivity scenarios such as advanced Excel processing, deep research, and PowerPoint [1] - The model has an activation parameter count of 10 billion, offering advantages in memory usage and inference efficiency, with inference speed surpassing that of leading international models [1] Group 2: Market Reaction - On February 12, MiniMax's stock price surged by over 20% during trading, resulting in a total market capitalization exceeding 180 billion HKD [1]