# MiniMax

> MiniMax is a global AI foundation-model company founded in early 2022, developing multimodal models and consumer, developer, and enterprise AI products; it listed in Hong Kong in January 2026.

Company page on Leadbay: https://mad-max.leadbay.ai/company/minimax.io · loaded 2026-11-03

## At a glance

- Website: https://minimax.io
- Team based in: Singapore (minimax.io and 1 more)
- Founded: 2022 (minimax.io and 1 more)
- Founders: Yan Junjie, Yeyi Yun
- Industry: Software Development
- Employees: 329 (employees and founders, investors not counted; minimax.io and 1 more)
- Total funding: $3.2B (minimax.io and 1 more)
- Backed by: Alibaba, Hillhouse Capital, Tencent, miHoYo, Mingxi Capital, HSK / Sequoia China, Xiaomi, Shunwei Capital, Oasis Capital, Matrix Partners China, China Life, Abu Dhabi Investment Authority, Mirae Asset Securities, GIC, Baillie Gifford, Eastspring Investments
- Seen in its site's code: Next.js (/_next/static/), Cloudflare (cdnjs.cloudflare.com) (read 2026-11-03)

## What it sells, to whom

- MiniMax is a global AI foundation-model company founded in early 2022, developing multimodal models and consumer, developer, and enterprise AI products; it listed in Hong Kong in January 2026. ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [reuters.com](https://www.reuters.com/world/asia-pacific/chinas-ai-startup-minimax-group-raises-619-million-hong-kong-ipo-2026-01-08/))

## Products and services

- MiniMax M-series language models ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- Hailuo AI video-generation platform ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- MiniMax Audio ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- Talkie / Xingye conversational AI ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- MiniMax Agent ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- MiniMax Code ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- MiniMax Design ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- Open API Platform for enterprises and developers ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))
- Speech and Music models ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [www1.hkexnews.hk](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf))

## Customers and markets

- **Customers**: More than 300 million individual users across over 230 countries and regions, and more than 2 million enterprises and developers across over 100 countries and regions, according to the current company profile, Named or reported enterprise relationships include Tencent Video, Tencent's TiMi Studios, ByteDance's Trae, Xiaomi, and miHoYo ([minimax.io](https://www.minimax.io/about), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [forbes.com](https://www.forbes.com/sites/ywang/2026/01/09/founder-of-chinese-ai-model-developer-minimax-becomes-a-billionaire-as-shares-surge-on-listing/))
- **Markets**: Developers and enterprises worldwide through the Open API Platform. ([minimax.io](https://www.minimax.io/), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [newyork2026.advertisingweek.com](https://newyork2026.advertisingweek.com/aw/schedule/partner/-minimax))
- **Markets**: Commercial content creation for brands, agencies, e-commerce and entertainment. ([minimax.io](https://www.minimax.io/), [ir.minimax.io](https://ir.minimax.io/corporate-information/company-profile), [newyork2026.advertisingweek.com](https://newyork2026.advertisingweek.com/aw/schedule/partner/-minimax))

## Team

- Yan Junjie, Founder, chairman, CEO, and CTO
- Yeyi Yun, Co-Founder and COO
- Siyuan (Leanna) Ren, VP, Global Marketing, GTM
- Jingyi(Candice) He, Director
- Karen Dai, Reginal Director
- Zhengyuan Fan, International Legal Director

Backed by: Alibaba, Hillhouse Capital, Tencent, miHoYo, Mingxi Capital, HSK / Sequoia China, Xiaomi, Shunwei Capital, Oasis Capital, Matrix Partners China, China Life, Abu Dhabi Investment Authority

## Where to find more

- [This page in Markdown, for agents](https://mad-max.leadbay.ai/company/minimax.io.md)

## Decision makers

- [Yan Junjie](https://mad-max.leadbay.ai/person/yan-junjie--minimax.io.md), Founder, chairman, CEO, and CTO
- [Yeyi Yun](https://mad-max.leadbay.ai/person/yeyi-yun--minimax.io.md), Co-Founder and COO
- [Siyuan (Leanna) Ren](https://mad-max.leadbay.ai/person/siyuan-leanna-ren--minimax.io.md), VP, Global Marketing, GTM
- [Jingyi(Candice) He](https://mad-max.leadbay.ai/person/jingyi-candice-he--minimax.io.md), Director
- [Karen Dai](https://mad-max.leadbay.ai/person/karen-dai--minimax.io.md), Reginal Director
- [Zhengyuan Fan](https://mad-max.leadbay.ai/person/zhengyuan-fan--minimax.io.md), International Legal Director

Work emails and direct phones come with a Leadbay account: https://wow.leadbay.ai/?register=true

Where it comes from: 22 sites read (minimax.io, minmax.ai, linkedin.com, ir.minimax.io, reuters.com, www1.hkexnews.hk, forbes.com, cls.cn, …).

## Best angle

2026-10-03 · Expansion: London Open-Source AI Community Discusses Production ... (1 source)

## Best way in

- Message on X: The company's own account

## Signals: what happened

- 2026-11-03 · Headcount: Headcount up 142% in a year (1 source: [A company database](https://www.minimax.io/))
- 2026-10-23 · News: MiniMax M3.1 Flash weights are now public. 428B parameters total, 23B activated per token. (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_minimax-m31-flash-weights-are-now-public-activity-7519206658955382784-4_TM))
- 2026-10-03 · Expansion: London Open-Source AI Community Discusses Production ... (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_minimax-opensourceai-aiinfrastructure-activity-7508219474916007936-ggLN))
- 2026-09-28 · News: MiniMax has rolled out M3.1-Flash-Preview, debuting the model on MiniMax Code alongside inclusion in its subscription-based Token Plan. (1 source: [linkedin.com](https://www.linkedin.com/posts/ke-jiang-43aa4099_minimax-minimaxcode-m31flash-activity-7510156068505837568-hzSh))
- 2026-09-03 · Interviews: How To Use MiniMax H3 in ComfyUI (3 sources: [youtube.com](https://www.youtube.com/watch?v=xF9RU1Pb__g), [youtube.com](https://www.youtube.com/watch?v=d_wEd-fZcdg), [youtube.com](https://www.youtube.com/watch?v=FwkWHkoKtcA))
- 2026-08-14 · News: What happens when intelligence becomes infrastructure? (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_what-happens-when-intelligence-becomes-infrastructure-activity-7493831089237446663-1wrN))
- 2026-08-04 · News: The road to AGI was never meant to be traveled alone. (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_the-road-to-agi-was-never-meant-to-be-traveled-activity-7490262649566412800-sJ3O))
- 2026-08-03 · Expansion: Open weights, native nodes, endless possibilities. MiniMax H3 is now available natively in ComfyUI, giving creators the freedom to customize, connect, and build entirely new workflows. (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_minimaxh3-openweights-activity-7490113531011596289-yaip))
- 2026-07-24 · News: MiniMax will be at Amazon Web Services (AWS) Bedrock LLM Day Singapore on August 5 🇸🇬 (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_minimax-will-be-at-amazon-web-services-aws-activity-7486499986831060993-xizq))
- 2026-07-03 · News: M3 Live on Together AI with Improved Performance (1 source: [linkedin.com](https://www.linkedin.com/posts/minimax-ai_m3-is-now-live-on-together-ai-to-serve-activity-7471698757257015297-tgK8))
- 2026-07-03 · Interviews: MiniMax M3 Review: Cheap Daily Driver for AI Agent Loops (2 sources: [youtube.com](https://www.youtube.com/watch?v=hTkxebQdtH8), [youtube.com](https://www.youtube.com/watch?v=O3bMEtlpElk))
- 2026-07-01 · Fundraising: Post ipo equity · $1.2B (1 source: [A company database](https://www.minimax.io/))

## Working on now

- Global multimodal foundation models and AI-native products: MiniMax Code, MiniMax Design, Hailuo AI and the developer/enterprise API platform.
- M3.1 Flash rollout (October 19): agentic tasks, coding, computer use and cybersecurity, with nearly 3× faster inference and 70% lower usage cost.
- H3 commercial content creation: unified text/image/video/audio understanding, up to 2K video with native stereo sound, targeting brands, agencies, e-commerce and entertainment.
- Global expansion: products reportedly serve users and businesses across 230+ countries/regions and 100+ countries/regions respectively; current GTM hiring emphasizes global markets.
- Japan-focused IP and AI co-creation: MiniMax and KAGAMIAI co-hosted a Tokyo conference on September 11, 2026, with 150+ Japanese and US companies.

From: [MiniMax](https://www.minimax.io/), [MiniMax Investor Relations](https://ir.minimax.io/corporate-information/company-profile), [MiniMax Investor Relations](https://ir.minimax.io/news-events/new-releases), [MiniMax M3.1 Flash: Redefining Agent Performance and Cost - MiniMax Research | MiniMax](https://www.minimax.io/blog/minimax-m31f), [MiniMax - Schedule: Partner / Advertising Week NY 2026](https://newyork2026.advertisingweek.com/aw/schedule/partner/-minimax), [We’re hiring! 🌍 Join us if you want to build the world’s best AI GTM team. | Linda Sheng](https://www.linkedin.com/feed/update/urn:li:activity:7510400980472094720)

## Summary

MiniMax is a global AI foundation model company founded in 2022 by former SenseTime researchers Yan Junjie and Yun Yeyi [1][2]. The company develops multimodal models for text, video, audio, and music generation, which it sells to both individual consumers through subscription-based apps like Talkie and Hailuo, and to enterprises and developers via an Open API Platform [1][3]. Early backers include miHoYo, Alibaba, Tencent-affiliated investors, HongShan Capital, and Hillhouse [4][5][2]. MiniMax went public in Hong Kong in January 2026 [6][2]. It competes with major AI labs like OpenAI, Anthropic, DeepSeek, and Chinese tech giants including Alibaba, ByteDance, and Tencent [4][2].

[1]: https://www.minimax.io/about "MiniMax - About Us | MiniMax"
[2]: https://www.cnbc.com/2026/01/09/minimax-hong-kong-ipo-ai-tigers-zhipu.html "MiniMax doubles in Hong Kong debut, marking yet another Chinese AI listing"
[3]: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0109/11985589/sehk25122100307.pdf "SUMMARY"
[4]: https://sacra.com/c/minimax/ "MiniMax revenue, valuation & funding | Sacra"
[5]: https://www.forbes.com/sites/ywang/2026/01/09/founder-of-chinese-ai-model-developer-minimax-becomes-a-billionaire-as-shares-surge-on-listing/ "Founder Of Chinese AI Model Developer MiniMax Is Now A Billionaire"
[6]: https://www.reuters.com/world/china/chinas-minimax-sees-revenue-nearly-quadruple-first-half-ai-demand-surges-2026-08-26/ "China's MiniMax sees revenue nearly quadruple in first half as AI demand surges | Reuters"
[7]: https://en.wikipedia.org/wiki/MiniMax_Group "MiniMax Group"
[8]: https://www.reuters.com/world/china/chinas-minimax-reports-strong-revenue-growth-charts-broader-ai-ambitions-2026-03-02/ "China's Minimax reports strong revenue growth, charts broader AI ambitions | Reuters"

## Sources

- [MiniMax's website](https://minimax.io)
- [MiniMax](https://www.minimax.io/)
- [MiniMax Investor Relations](https://ir.minimax.io/corporate-information/company-profile)
- [MiniMax Investor Relations](https://ir.minimax.io/news-events/new-releases)
- [MiniMax M3.1 Flash: Redefining Agent Performance and Cost - MiniMax Research | MiniMax](https://www.minimax.io/blog/minimax-m31f)
- [MiniMax - Schedule: Partner / Advertising Week NY 2026](https://newyork2026.advertisingweek.com/aw/schedule/partner/-minimax)
- [We’re hiring! 🌍 Join us if you want to build the world’s best AI GTM team. | Linda Sheng](https://www.linkedin.com/feed/update/urn:li:activity:7510400980472094720)
- [MiniMax Funding Story: 7 Rounds in 4 Years, Who Is Driving China's First AI Capital Feast](https://www.techflowpost.com/en-US/article/29875)
- [Management Team](https://ir.minimax.io/corporate-information/management)
- [minimax](https://linkedin.com/company/minimax-ai)