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MiniMax Surpasses 1 Million Business Clients; Changxiang 3D Eyes Hong Kong IPO

MiniMax Surpasses 1 Million Business Clients; Changxiang 3D Eyes Hong Kong IPO

June 19, 2026
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Recently, the tech industry has seen notable advancements in two key areas: MiniMax continues to demonstrate strong performance in AI applications, while Creative 3D has made its public market debut, signaling that consumer-grade 3D printing is entering a phase of broad adoption.

In the large AI model space, MiniMax's latest disclosed business metrics are striking. The company now serves over one million enterprise and developer clients globally—a fivefold increase from six months ago—and its total user base has grown to 300 million. More importantly, MiniMax's business-to-business monetization engine is accelerating rapidly: its annual recurring revenue (ARR) has jumped more than 100% in the past two months alone. At this pace, the time required for ARR to double has shrunk to 60 days, a rate that now rivals that of leading AI companies worldwide.

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Turning to hardware manufacturing, the consumer 3D printing sector has achieved a significant milestone. On May 29, Creative 3D was listed on the main board of the Hong Kong Stock Exchange, earning the distinction of being "the first publicly traded company focused on consumer-level 3D printing." To accelerate the technology's adoption into everyday life, Creative 3D has also forged deep strategic partnerships with major e-commerce platforms JD.com and Tmall.

This partnership goes beyond conventional hardware sales: the three parties will create an end-to-end loop covering R&D, manufacturing, multi-channel retail, and after-sales service. By harnessing the supply chain strengths and digital operations of e-commerce platforms, Creative 3D intends to reduce the barriers to using 3D printers, making the technology easier to adopt in homes and schools.

Industry observers note that these trends show AI moving from hype to practical deployment, while 3D printing is making the risky transition from niche enthusiasm to mainstream adoption. Whether it's the surge in computing power demand on the software side or the expansion of distribution channels on the hardware side, all signs point to technology products entering daily life at an unprecedented pace.

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Comments (2)
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WillieCarter
WillieCarter August 19, 2026 at 4:00:11 PM EDT

J’admire vraiment l’élan de ces deux entreprises, mais je me demande comment elles vont concurrencer les géants du secteur sans sacrifier la qualité des produits pour attirer plus de clients rapidement.

FredLee
FredLee July 25, 2026 at 4:00:16 PM EDT

MiniMax hitting 1M business clients is insane growth 🚀, but I'm more curious about Creative 3D's IPO—consumer-grade 3D printing has been a tough market. Will they actually disrupt or just hype? 🤷‍♂️

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