Valuation soars to $38.9 billion! Goldman Sachs covers MiniMax for the first time: Global revenue accounts for 70% of income, China's full-modal AI becomes a cost-saving tool
Goldman Sachs covers the Chinese AI company MiniMax for the first time, giving it a high valuation of $38.9 billion, recognizing its cost control and internationalization strategy. The company achieves extreme cost-effectiveness through MoE architecture, demonstrating pricing power potential in global large model competition.
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