Tag: TENCENT
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MiniMax Unveils Competitive AI Models Amid Rising Geopolitical Tensions
MiniMax, a Chinese AI company backed by Alibaba and Tencent, has launched three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. These models claim to compete with industry leaders, featuring advanced capabilities, extensive context windows, and multimodal understanding. MiniMax faces scrutiny over licensing and potential legal disputes amid ongoing export restrictions on AI technology to China. Chinese…
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Zoho’s Sridhar Vembu Promotes Revenue Growth Over Valuation in Indian Tech
Sridhar Vembu, CEO of Zoho, urges Indian tech firms to aim for $100 billion revenue companies rather than inflated valuations. He warns that the focus on stock prices distracts from sustainable growth, advocating for long-term strategies similar to China’s tech successes. His comments sparked significant engagement on social media, reflecting a concern for the industry’s…