MiniMax最快今年赴港上市：新发布的M1推理模型直接叫板DeepSeek-R1与GPT-4

Core Viewpoint - MiniMax, one of the "six small dragons" of large models in China, is expected to go public in Hong Kong this year, with ongoing developments in its model releases and product offerings [2][3]. Group 1: Company Overview - MiniMax was established in December 2021 and has developed a multimodal large language model that integrates text, voice, and vision, covering the entire product chain [4]. - The company has received investments from notable institutions such as Yunqi Capital, IDG Capital, Hillhouse Capital, and major tech firms like Tencent and Alibaba, with a valuation of approximately $3 billion [7]. Group 2: Product Development - Starting from June 17, MiniMax will release new models over five consecutive days, including the MiniMax-M1, which is the world's first open-source large-scale hybrid architecture inference model, excelling in productivity scenarios [8]. - The MiniMax-M1 model demonstrates superior efficiency in mathematical and coding tasks compared to DeepSeek-R1, and its inference capabilities are comparable to GPT-4, with costs only 0.5% of GPT-4 [9]. Group 3: Market Position and Performance - MiniMax holds the position of having the second-largest commercial voice model globally, supporting 32 languages, and its video model leads in global usage [5]. - The company has launched several AI products, such as Hailuo 02, which set new records for video model performance and cost-effectiveness [10].