AI May No Longer Require Big Data Centers to Scale
For the past several years, the AI boom has been inseparable from a race in cloud capacity. Training large models and running inference at scale drove unprecedented capital expenditures across hypersc...
Chinese AI Company MiniMax Sees Share Price Double on Day of IPO
Chinese artificial intelligence (AI) company MiniMax reportedly raised $619 million in its Hong Kong initial public offering (IPO) on Friday (Jan. 9).
The company priced its shares at 165 H...