About MiniMax
Founded 2021 ยท Shanghai, China
MiniMax (ไธๆตท็จๅฎ็งๆ, Shanghai Xiyu Technology) is a Shanghai-based AI startup founded in late 2021 by Yan Junjie (former vice president of SenseTime). The company has built a portfolio of consumer AI products including the Talkie and Hailuo AI chatbots, abab text models, and the Hailuo Video generative video line. MiniMax has raised over $850M from investors including Alibaba, Tencent, Hillhouse Capital and IDG Capital, with a 2024 valuation above $2.5B. MiniMax-01, released January 2025, was the company's first open-weight frontier release and introduced lightning attention at scale โ a linear-attention variant โ with a 4M token training context and 1M context inference window.
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