Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to ~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2 (Bloomberg)

TechmemeAugust 26, 2026en

Bloomberg : Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to ~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2 — MiniMax Group Inc.'s revenue surged 283% in the first half of 2026, even as the Chinese AI upstart trailed rivals such as Z.AI Co. in releasing top-tier large language models.

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