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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.
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.
Google Earth has launched a new AI image generation feature using the Nano Banana2 model, integrating satellite and 3D maps with generative AI. Users can input text prompts to create custom, terrain-accurate images. Applications include education, urban planning, real estate, and entertainment. The feature is now available to web users worldwide.
Google Earth has launched a new AI image generation feature using the Nano Banana2 model, integrating satellite and 3D maps with generative AI. Users can input text prompts to create custom, terrain-accurate images. Applications include education, urban planning, real estate, and entertainment. The feature is now available to web users worldwide.
Musk is using SpaceX's engineering data from 2002 onward to train the next Grok model with 2 trillion parameters, double Grok 4.5. Data covers manufacturing, materials, and Starlink hardware, excluding defense-sensitive tech. Training expected to finish this week.
Musk is using SpaceX's engineering data from 2002 onward to train the next Grok model with 2 trillion parameters, double Grok 4.5. Data covers manufacturing, materials, and Starlink hardware, excluding defense-sensitive tech. Training expected to finish this week.
Google DeepMind released GenCeption, a model built on pre-trained video generation Wan2.1, excelling in depth estimation, segmentation, and 3D pose estimation with near or superior performance. It uses only 7,500 synthetic videos for training, far less than traditional models, and generalizes to real-world multi-person scenarios. Inference speed remains a challenge at 6-10 seconds per 81-frame video.
Google DeepMind released GenCeption, a model built on pre-trained video generation Wan2.1, excelling in depth estimation, segmentation, and 3D pose estimation with near or superior performance. It uses only 7,500 synthetic videos for training, far less than traditional models, and generalizes to real-world multi-person scenarios. Inference speed remains a challenge at 6-10 seconds per 81-frame video.
Xiaomi permanently slashed MiMo-V2.5 API prices by up to 99% with billing optimizations. Alibaba's Tongyi Qianwen upgraded its medical image analysis feature for health inquiries. Major AI platforms like Doubao and Tencent Yuan will restrict question-answering services during China's Gaokao exams. MiniMax prepares to launch its new M3 large model with a sparse attention architecture for efficiency gains. Shanghai announced funding up to 10M yuan to support AI-powered micro-short drama production. MiniMax and Jieyue Star partnered with Alipay to develop AI-native payment infrastructure. Universal Music and TikTok renewed a licensing deal with a focus on AI-generated music governance. Google integrated its SynthID watermark tech into Search and Chrome to identify AI-generated images.
Xiaomi permanently slashed MiMo-V2.5 API prices by up to 99% with billing optimizations. Alibaba's Tongyi Qianwen upgraded its medical image analysis feature for health inquiries. Major AI platforms like Doubao and Tencent Yuan will restrict question-answering services during China's Gaokao exams. MiniMax prepares to launch its new M3 large model with a sparse attention architecture for efficiency gains. Shanghai announced funding up to 10M yuan to support AI-powered micro-short drama production. MiniMax and Jieyue Star partnered with Alipay to develop AI-native payment infrastructure. Universal Music and TikTok renewed a licensing deal with a focus on AI-generated music governance. Google integrated its SynthID watermark tech into Search and Chrome to identify AI-generated images.
Xiaomi permanently slashed MiMo-V2.5 API prices by up to 99% with billing optimizations. Alibaba's Tongyi Qianwen upgraded its medical image analysis feature for health inquiries. Major Chinese AI platforms including Doubao and Tencent Yuan will restrict question-answering services during the national college entrance exam period. MiniMax unveiled its new M3 large model with a sparse attention architecture for million-token efficiency. Shanghai announced funding up to 10M yuan to build an AI-powered micro-short drama industry hub. MiniMax partnered with Alipay to develop AI-native payment infrastructure. Universal Music and TikTok renewed a licensing deal with a focus on AI music governance. Google integrated its SynthID watermark tech into Search and Chrome for AI image verification.
Xiaomi permanently slashed MiMo-V2.5 API prices by up to 99% with billing optimizations. Alibaba's Tongyi Qianwen upgraded its medical image analysis feature for health inquiries. Major Chinese AI platforms including Doubao and Tencent Yuan will restrict question-answering services during the national college entrance exam period. MiniMax unveiled its new M3 large model with a sparse attention architecture for million-token efficiency. Shanghai announced funding up to 10M yuan to build an AI-powered micro-short drama industry hub. MiniMax partnered with Alipay to develop AI-native payment infrastructure. Universal Music and TikTok renewed a licensing deal with a focus on AI music governance. Google integrated its SynthID watermark tech into Search and Chrome for AI image verification.
OpenAI launches "Codex for Chrome" browser extension for macOS and Windows, enabling non-intrusive AI assistance within the browser. It leverages the browser environment and DevTools for web app testing and cross-tab context retrieval. The extension targets high-frequency browser workflows, with Codex weekly active users surpassing 4 million, an eightfold increase this year.
OpenAI launches "Codex for Chrome" browser extension for macOS and Windows, enabling non-intrusive AI assistance within the browser. It leverages the browser environment and DevTools for web app testing and cross-tab context retrieval. The extension targets high-frequency browser workflows, with Codex weekly active users surpassing 4 million, an eightfold increase this year.
Zhipu AI launched GLM-5V-Turbo, a multimodal model for visual programming. It integrates image/video/document understanding with code writing, featuring a 200K context window. The model excels in GUI agent and coding benchmarks, enabling rapid front-end replication from screenshots and interactive code editing. Its integration into AutoClaw now allows visual tasks like analyzing financial charts.
Zhipu AI launched GLM-5V-Turbo, a multimodal model for visual programming. It integrates image/video/document understanding with code writing, featuring a 200K context window. The model excels in GUI agent and coding benchmarks, enabling rapid front-end replication from screenshots and interactive code editing. Its integration into AutoClaw now allows visual tasks like analyzing financial charts.
TechCrunch Disrupt 2025 in San Francisco Oct 27-29 will feature sessions on scaling AI in business and global hiring innovations with stablecoin payroll plus networking events and a startup competition backed by sponsors like MongoDB SAP and JP Morgan
TechCrunch Disrupt 2025 in San Francisco Oct 27-29 will feature sessions on scaling AI in business and global hiring innovations with stablecoin payroll plus networking events and a startup competition backed by sponsors like MongoDB SAP and JP Morgan
