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China’s MiniMax develops open-weight AI model: source

Chinese AI startup MiniMax Group, a Shanghai-based developer of multimodal AI models and consumer apps such as Talkie and Hailuo AI, is developing an open-weight language model with 2.7 trillion parameters, according to a person with direct knowledge.

The model could be released as early as the third quarter.

If released, it would surpass China’s current 1.6 trillion-parameter models, including Meituan’s LongCat-2.0 and DeepSeek’s V4-Pro.

It would also be larger than publicly disclosed open-weight models such as Llama 3.1 405B.

MiniMax also plans to launch H3, its multimodal video-generation model, later this month. MiniMax declined to comment.

🔗 Source: Reuters

Recent MiniMax Group developments

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