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Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of about 18% from 2025 (Wency Chen/South China Morning Post)

Wency Chen / South China Morning Post : Sources: ByteDance plans to spend about $14B on Nvidia's AI chips in 2026, an increase of abo...

31 December 2025

Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at a price range of ~$19.40 to ~$21.20 per share (Shivangi Lahiri/Reuters)

Shivangi Lahiri / Reuters:
Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at a price range of ~$19.40 to ~$21.20 per share  —  Chinese AI startup MiniMax Group is seeking to raise up to HK$4.19 billion ($538.54 million) in a Hong Kong initial public offering, a regulatory filing showed on Wednesday.

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