NVIDIA CEO Huang Renxun, who has stirred up a storm in the field of artificial intelligence, recently had a two-hour in-depth exchange with Yan Junjie, the founder of MiniMax, in Qianmen, Beijing. This meeting has drawn widespread attention in the industry, especially after both experts deeply discussed their visions and directions for the future of AI.
According to Tencent Technology, this meeting was arranged after Huang Renxun attended the Blockchain Conference. The meeting between Huang Renxun and Yan Junjie is considered an important exchange, as both are prominent leaders in their respective fields. Huang Renxun mentioned that developers and entrepreneurs in China are driving AI technology innovation at an astonishing speed, and companies such as MiniMax, Alibaba, and Baidu are contributing excellent products to the global development of artificial intelligence.
As a young technology company, MiniMax has shown strong R&D capabilities since its establishment at the end of 2021. On June 17, they launched the world's first open-source large-scale hybrid architecture inference model M1, which outperforms DeepSeek-R1. Then, on June 18, MiniMax released a video generation tool called Hailuo02, breaking the record for performance and cost in global video models.
In addition to technological breakthroughs, MiniMax recently completed a funding round of nearly 300 million U.S. dollars. This funding will help the company move forward further. After the financing, MiniMax's valuation has exceeded 4 billion U.S. dollars, showing great market expectations for its future development. The investors in this round include listed companies, cross-funds, and large state-owned capital platforms, such as Shanghai State-owned Capital.
Huang Renxun once stated in a previous media meeting that the enthusiasm and capabilities of China in AI development are impressive. He specifically mentioned the active role of MiniMax in promoting this field. This meeting with Yan Junjie will undoubtedly further promote cooperation and technological innovation between the two companies, injecting new vitality into the global development of AI.