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11 May 202624 Dhuʻl-Qiʻdah 1447 AH
MiniMax Affiliated Company Increases Registered Capital 300% to 4B RMB

MiniMax Affiliated Company Increases Registered Capital 300% to 4B RMB

Shanghai Xiyu Jizhi Technology Co., Ltd., the operator of MiniMax, has increased its registered capital from 1 billion to 4 billion RMB, marking a 300% rise. Founded in November 2021 and led by Yan Junjie, the company specializes in AI software development and system integration services. This substantial capital boost indicates MiniMax's intent to aggressively enhance its AI infrastructure and computing capabilities, positioning itself as a leader in China's AI sector.

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