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Chinese AI startup MiniMax raises ~$619M in its Hong Kong IPO, at the top of its marketed range; sources: its institutional offering was oversubscribed by 70x+ (Dave Sebastian/Bloomberg) from Techmeme RSS feed.
Chinese AI startup MiniMax raises ~$619M in its Hong Kong IPO, at the top of its marketed range; sources: its institutional offering was oversubscribed by 70x+ (Dave Sebastian/Bloomberg)
Dave Sebastian / Bloomberg:
Chinese AI startup MiniMax raises ~$619M in its Hong Kong IPO, at the top of its marketed range; sources: its institutional offering was oversubscribed by 70x+ — Investment firm Baillie Gifford and Singapore's sovereign wealth fund GIC Pte are among those buying shares in MiniMax Group Inc.'s …