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![MeowMeowMews Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::637384838.png) Meow Meow News [@MeowMeowMews](/creator/twitter/MeowMeowMews) on x XXX followers
Created: 2025-07-21 08:00:01 UTC

🚀 MiniMax's AI Ambitions Soar: Hong Kong IPO in the Works! 🇭🇰💰

Alibaba-backed MiniMax, the generative AI startup, is making moves! 😲 They've confidentially filed for a Hong Kong IPO, aiming to list as early as this year. Valued at $X billion, this Shanghai-based company (also backed by Tencent) is behind AI models like Talkie. 🤔

Did you know? In June, their reasoning model M1 reportedly outperformed a rival from DeepSeek, using less computing power! 🤯

Hong Kong's IPO market is heating up! 🔥  $XXXXX billion raised in the first half of 2024.  Beijing's support is a key factor.  Will Zhipu AI follow suit? 🤔

#MiniMax #AI #IPO #HongKong #Alibaba #Tencent #Tech #Innovation #MarketNews #GenerativeAI

 Source: MT Newswires

![](https://pbs.twimg.com/media/GwTQKEwW8AAqClg.jpg)

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**Related Topics**
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[hong kong](/topic/hong-kong)
[coins ai](/topic/coins-ai)

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