Shanghai AI Company's Open-Source Model Ranks Second Globally

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On June 17, Shanghai-based AI unicorn MiniMax released MiniMax-M1, the world's first open-source large-scale hybrid architecture inference model, on its official website and GitHub. The model now ranks second among global open-source models on authoritative benchmarks. CEO Yan Junjie remarked on social media: "For the first time, I feel the mountain isn’t insurmountable."

MiniMax-M1: A Breakthrough in Open-Source AI

Performance Highlights

Video Generation: Hailuo 02 vs. Google Veo3

MiniMax’s Hailuo 02 video model rivals Google’s Veo3, excelling in complex motion realism:

Innovation Under the Hood

Technical Foundations

The "Secret Sauce"

Market Impact

FAQs

How does MiniMax-M1 compare to GPT-4o?

While GPT-4o leads in general tasks, M1 outperforms in long-context processing and cost efficiency.

What industries benefit most from Hailuo 02?

Creative sectors (advertising, film) and education (simulation videos) leverage its realism.

Is MiniMax profitable?

Yes, with a lean team and 10× annual capability growth—key to surviving AI’s "long game."

👉 Explore AI’s future with cutting-edge models

Shanghai’s AI Ecosystem

MiniMax anchors the "Shanghai AI Team" with:

"Staying at the table requires annual 10× leaps." —Yan Junjie


### Keywords:
1. MiniMax-M1  
2. Open-source AI  
3. Hailuo 02  
4. MoE architecture  
5. Linear attention  
6. AI video generation  
7. Shanghai AI ecosystem