📈 Stock Market 10h ago · Omor Ibne Ehsan

MiniMax Co-Founder Reveals 280% Revenue Growth on Slower R&D Spending: What It Means for the AI Infrastructure Trade

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The post MiniMax Co-Founder Reveals 280% Revenue Growth on Slower R&D Spending: What It Means for the AI Infrastructure Trade appeared first on 24/7 Wall St..
A private Chinese AI lab that most American investors have never heard of stood up at a Goldman Sachs conference on Monday and told a story that should worry anyone holding the AI infrastructure trade. Yeyi Yun, co-founder of MiniMax, said first-half revenue grew more than 280% and had already reached 1.5 times the prior full year, wi

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