Companies
MiniMax raises the ceiling on its Alibaba Cloud agreement
The revised three-year arrangement permits up to $1.2 billion in cloud spending, according to a filing reported by TechNode.
The businesses turning research into products and platforms.
The revised three-year arrangement permits up to $1.2 billion in cloud spending, according to a filing reported by TechNode.
A reported restructuring places Qianfan and model services in an infrastructure division, apart from agent products.
MiniMax reported $73.9 million from its open platform and enterprise AI services in the first half of 2026.
A TechNode profile describes a Shenzhen startup combining companion software with physical desktop devices.
ByteDance has launched a productivity agent designed to break down goals and operate tools using enterprise context.
The announced placement comprises 710 million new shares at HK$112.70, with proceeds earmarked for AI capabilities.