MiniMax Group

MiniMax Group, operating under the Chinese name Xiyu Technology, has emerged as a major force in Shanghai's artificial intelligence sector. The company focuses on building multimodal models that power both enterprise tools and consumer-facing applications. Their portfolio includes popular character chatbots like Talkie and Xingye, alongside the video-generation platform Hailuo AI. These products have helped the firm secure a spot among China's six leading "AI Tigers," a group recognized for rapid growth and technical innovation. The company's trajectory accelerated significantly when it listed on the Hong Kong Stock Exchange in January 2026. This public debut marked a milestone for the firm, validating its business model and attracting substantial market attention. MiniMax continues to refine its large language models while expanding into new creative domains where text meets video and voice.[edit]