Chinese AI company MiniMax, which has raised ~$850M, debuts three LLMs, including a 456B-parameter model that it claims performs better than Gemini 2.0 Flash (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Chinese AI company MiniMax, which has raised ~$850M, debuts three LLMs, including a 456B-parameter model that it claims performs better than Gemini 2.0 Flash  —  Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies.