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China AI startup MiniMax raising over $250 million from Tencent-backed entity, others: Report

The deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and prompting a flurry of domestic companies, such as Alibaba, Huawei, and Baidu, to announce rival products.

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​ The deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and prompting a flurry of domestic companies, such as Alibaba, Huawei, and Baidu, to announce rival products. The deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and prompting a flurry of domestic companies, such as Alibaba, Huawei, and Baidu, to announce rival products.  Moneycontrol Latest News Read More  

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