MiniMax is about to complete a new financing round of nearly 300 million dollars, with a valuation exceeding 4 billion dollars.

The large-scale model company MiniMax's new round of financing of nearly 3 billion US dollars is close to completion, with a post-investment valuation exceeding 40 billion US dollars. Combined with public information, currently in China, the large-scale model companies that have reached this valuation are MiniMax and Zipu. It is understood that MiniMax completed a round of financing with a valuation of 30 billion US dollars at the end of last year. In June this year, Bloomberg reported that MiniMax is preparing for a listing in Hong Kong.