AI unicorn MiniMax reported H1 revenue of $117 million, up 283.1% year-over-year, signaling rapid commercialization. Gross profit surged 464.8% to $20.8 million, demonstrating strong scale effects. Although net loss reached $358 million, it decreased by 11% compared to the prior year. Analysts highlight MiniMax's success in narrowing losses while tripling revenue, reflecting significant progress by leading Chinese AI firms in balancing technological innovation with commercial viability.