MiniMax Reports H1 2026 Revenue Surging 283% YoY to 16.6M Amid China AI Race
Shanghai-based artificial intelligence foundation model developer MiniMax Group Inc. reported that its revenue increased 283% year-over-year to $116.6 million for the first half of 2026. The financial disclosure, reported by Bloomberg following the company's interim earnings filing on the Hong Kong Stock Exchange, highlights accelerated commercial monetization even as domestic foundation model competition intensifies across China. The 283% top-line expansion in the six months ending June 30, 20
1 min