1 companies
Image recognition, object detection, facial recognition, and visual AI
MiniMax is an artificial intelligence company based in Shanghai, China. Founded in December 2021 by former SenseTime computer vision experts, the company develops AI technologies and products. Its first product, Glow, is an application that allows users to create and interact with virtual characters; it garnered over 5 million users within four months of its October 2022 launch. In March 2024, the company raised $600 million in a financing round led by Alibaba Group, achieving a valuation of $2.5 billion. Other investors include Hillhouse Investment, HongShan, IDG Capital, and Tencent. MiniMax is frequently cited by investors as one of China's leading 'AI Tiger' companies.