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Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best
Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01…
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Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop
When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy…
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Reusable rocket startup Stoke raised another massive round: $260M
Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide. © 2024 TechCrunch. All rights reserved. For personal use only.