As a new wave of competition arises in the global AI video generation field, Chinese tech company MiniMax's 'Haibao AI' has made a strong impression with its remarkable performance. Data shows that this AI product, which was launched in April of this year, achieved a staggering 867.41% increase in visit volume in September, rapidly becoming the top product in global AI visit growth rankings. The core competitiveness of this product lies in its underlying technological support. MiniMax built Haibao AI based on the trillion-parameter MoE model abab-6.5, allowing it to compete with GPT-4.

Recently, a Bilibili creator named "A Big Har Fish" released a video titled "AI, Don't Be Too Absurd", which attracted over 4 million viewers. In the video, he engages in a thrilling conversation with an AI agent set up as "a cold school beauty, whose gambling father owes you 10 billion in debts, and whose mother died during childbirth". What starts as a debt collection scenario gradually evolves into a complex story involving themes of debt, family ties, and betrayal as the dialogue deepens.

According to Intelligent Emergence, Zhang Qianchuan, the product head of MiniMax and former head of user products at Jinri Toutiao, has stepped back from company affairs for personal reasons and is now serving as a product consultant. MiniMax has confirmed this news and expressed gratitude for Zhang's contributions. However, insiders reveal that the consultant role is essentially a nominal position, and Zhang Qianchuan is no longer involved in the business management of MiniMax, which is akin to resignation. Image source note: The image is AI-generated, image licensed from service provider Midjourney. Zhang Qianchuan has a rich career background.

MiniMax Xiyu Technology recently announced that since its establishment at the end of 2021, it has built trillion-parameter MoE large text models, speech models, and image models. It has also launched native applications such as Xingye and Hailuo AI, while providing an open platform API service for enterprises and developers.

After MiniMax launched its first AI HD video generation model, its subsidiary Conch AI has added the features of 'AI Music Creation' and 'AI Video Generation'. Users can automatically generate music by creating lyrics and selecting music styles, while videos can be generated simply by inputting creative descriptions. The music feature offers a variety of styles, but the quality of the generated music is average; the video feature can automatically create content based on input descriptions, presenting a poetic effect, although the image quality still has room for improvement. Currently, these two features are available for users to experience at no cost for a limited time.

Recently, MiniMax secretly launched its first video generation large model and showcased a 2-minute video titled 'Magic Coin' generated by this model. Founder Yan Junjie revealed that the model outperforms Runway in video generation quality, but specific parameters and technical details have not yet been disclosed. MiniMax plans to continue iterating in future versions to enhance data, algorithms, and usage details, and aims to add the ability to generate videos from images and a combination of text and images in future updates. Regarding commercialization, the company will consider it once the new version reaches a satisfactory state.

Worth Buying Technology announced an official partnership with large model company MiniMax. MiniMax's large model product, HAI-AI, has been integrated into Worth Buying's 'Consumer Large Model Enhancement Toolkit.' Through the 'Floating Ball' feature of HAI-AI, users can now quickly compare prices and make purchases. This collaboration not only enriches Worth Buying Technology's AI ecosystem but also promotes co-construction and win-win cooperation with partners in the large model industry.

Alibaba has led an investment of at least $600 million in Minimax, creating a big model unicorn. Minimax, founded in December 2021, is an AI startup claiming to be all-in on AGI. Minimax has developed foundational model architectures for three modalities: text-to-visual, text-to-speech, and text-to-text. Glow and Inspo are Minimax's early products, respectively focusing on virtual chat and generative dialogue. Minimax has attracted significant attention from investors, receiving support from multiple investment firms.

On January 16, 2024, MiniMax released China's first MoE large language model, abab6. The MoE architecture enables abab6 to handle complex tasks and train more data in a shorter time. abab6 outperforms the previous version abab5.5 in instruction adherence, Chinese comprehension, and English comprehension. abab6 demonstrates excellent capabilities, such as teaching children math problems and helping to build a fictional board game about Shanghai.