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MiniMax AI Raises $2 Billion: What It Means for
MiniMax AI Raises $2 Billion: What It Means for Impact: MiniMax AI announced a $2.05 billion fundraising plan, causing its shares to drop almost 12% due to investor fears of dilution. The funds are earmarked for AI development and expansion. Despite strong revenue growth and a large global user base, the company continues to report losses and ...
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