M

MiniMax

0100.HK

Foundation Models

Chinese AI company building multi-modal models and Hailuo video generation.

Supplies Krea

Total funding$600M

Market cap$12.6B

Employees385

Founded2021

HeadquartersShanghai, China

StatusPublic

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• Hailuo AI Application Sold on its own

  Generates video clips from text prompts and still images.

• MiniMax Open Platform Model API Sold on its own

  Hosted API for MiniMax's text, video, speech and music models, billed per token.

• MiniMax Audio Application Sold on its own

  Text-to-speech and AI music generation platform (voice generator, AI music generator, voice isolator) from MiniMax.

• MiniMax Design AI agent

  Multimedia creation platform coordinating multiple AI agents around a visual canvas for design work.

• 星野 (Xingye) Application

  Immersive AI-companion / virtual-character community platform where users create, customize and chat with AI agents; MiniMax's China-market app, released internationally as Talkie.

Inside M Plan

• MiniMax Agent AI agent Included with the parent

  Runs multi-step agents that build software and documents from a written brief.

Similar products 122

No sourced competitor yet: no filing, vendor document or measured-market report read so far names a rival for this company, so none is asserted. The companies below are the closest by what their products do.

How this list is ranked ↗

SAStability AIPrivate · $495.9MMiniMax Audio and Stable Audio do comparable work on music generation; both also serve buyers who need to create synthetic voice and audio; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareAAlphabet (Google)Public · $4.2TMiniMax Audio and Google Flow Music do comparable work on music generation; both also serve buyers who need to create synthetic voice and audio; larger scale (public).7 of 8 capabilitiesShared product typeLarger scaleCompareBFBlack Forest LabsPrivate · $3.3BMiniMax Design and Playground do comparable work on image editing and image generation; both also serve buyers who need to create images and video; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareXxAIAcquired ($230B deal)MiniMax Agent and Grok Build do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; xAI is acquired, with no independent scale.6 of 8 capabilitiesShared product typeCompareKKuaishouPublic · $18.6BHailuo AI and Kling AI do comparable work on video generation; both also serve buyers who need to create images and video; same layer and the same scale band (mid-cap).4 of 8 capabilitiesShared product typeSame scale bandCompareDDecartPrivate · $4BHailuo AI and Lucy do comparable work on video generation; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareOOpenAIPrivate · $852BMiniMax Open Platform and OpenAI API do comparable work on text to speech; both also serve buyers who need to build on a hosted model API, create images and video, create synthetic voice and audio and 1 more; larger scale (private).5 of 8 capabilitiesShared product typeLarger scaleCompareSStepFunPrivate · $10BMiniMax Open Platform and StepFun Open Platform do comparable work on text to speech; both also serve buyers who need to build on a hosted model API, create images and video, create synthetic voice and audio and 1 more; similar scale (private).5 of 8 capabilitiesShared product typeComparePLPika LabsPrivate · $470MHailuo AI and Pika do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareZZ.ai (Zhipu AI)Public · $58.6BMiniMax Open Platform and Z.ai Model API do comparable work on video generation; both also serve buyers who need to build on a hosted model API, create images and video and draft and edit written content; same layer and the same scale band (mid-cap).5 of 8 capabilitiesShared product typeSame scale bandCompareMAMistral AIPrivate · $13.8BMiniMax Agent and Mistral Vibe Code do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).3 of 8 capabilitiesShared product typeCompareSASarvam AIPrivate · $275M raisedMiniMax Agent and Sarvam Coding Agents do comparable work on agentic coding; similar scale (private).3 of 8 capabilitiesShared product typeCompareDDeepSeekPrivate · $50BMiniMax Agent and DeepSeek Harness do comparable work on agentic coding; larger scale (private).3 of 8 capabilitiesShared product typeLarger scaleCompareLLightricksPrivate · $335M raisedHailuo AI and LTX Studio do comparable work on video generation; both also serve buyers who need to create images and video; similar scale (private).3 of 8 capabilitiesShared product typeCompareMAMoonshot AIPrivate · $35BMiniMax Agent and Kimi Code do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (private).3 of 8 capabilitiesShared product typeLarger scaleCompareAAnthropicPrivate · $965BMiniMax Agent and Claude Agent SDK do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (private).3 of 8 capabilitiesShared product typeLarger scaleCompareIImbuePrivate · $232M raisedMiniMax Agent and Blueprint do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).1 of 8 capabilitiesShared product typeCompareAAArtisse AIPrivate · $6.7M raisedMiniMax Design and Artisse do comparable work on image editing and image generation; both also serve buyers who need to create images and video; similar scale (private).2 of 8 capabilitiesShared product typeCompareEElevenLabsPrivate · $11BMiniMax Audio and ElevenMusic do comparable work on music generation; both also serve buyers who need to create synthetic voice and audio; similar scale (private).5 of 8 capabilitiesShared product typeComparePPhotoroomPrivate · $500MMiniMax Design and Photoroom AI Fashion Models do comparable work on image editing and image generation; both also serve buyers who need to create images and video; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompareSSynthesiaPrivate · $4BHailuo AI and Synthesia API do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompareAAlibabaPublic · $273.4BMiniMax Agent and Qwen Code do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (public).4 of 8 capabilitiesShared product typeLarger scaleCompareMMidjourneyPrivate · $0 raisedMiniMax Design and Midjourney do comparable work on image editing and image generation; both also serve buyers who need to create images and video; Midjourney's scale not recorded.2 of 8 capabilitiesShared product typeCompareSSenseTimePublic · $7.7BHailuo AI and Seko Agent do comparable work on video generation; similar scale (public).3 of 8 capabilitiesShared product typeCompareMPMeta PlatformsPublic · $1.5TMiniMax Agent and Muse Code do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (public).4 of 8 capabilitiesShared product typeLarger scaleCompareRRecraftPrivate · $42M raisedMiniMax Design and Recraft do comparable work on image editing and image generation; both also serve buyers who need to create images and video; similar scale (private).2 of 8 capabilitiesShared product typeCompareSSunoPrivate · $5.4BMiniMax Audio and Suno do comparable work on music generation; both also serve buyers who need to create synthetic voice and audio; smaller scale (private).1 of 8 capabilitiesShared product typeSmaller scaleCompareHAHalo AIPrivateHailuo AI and Halo AI do comparable work on video generation; both also serve buyers who need to create images and video; Halo AI's scale not recorded.3 of 8 capabilitiesShared product typeCompareCCanvaPrivate · $42BMiniMax Design and Dream Lab do comparable work on image editing and image generation; both also serve buyers who need to create images and video; larger scale (private).4 of 8 capabilitiesShared product typeLarger scaleCompareBBaiduPublic · $31.6BHailuo AI and Baidu Wenxin Assistant both serve buyers who need to create images and video; same layer and the same scale band (mid-cap).4 of 8 capabilitiesShared product typeSame scale bandCompareTTencentPublic · $510.1BMiniMax Audio and Tencent Cloud TTS do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; larger scale (public).4 of 8 capabilitiesShared product typeLarger scaleCompareLLLuma LabsPrivate · $3.9BHailuo AI and Luma Agents do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompareFFigmaPublic · $14.4BHailuo AI and Figma Weave do comparable work on video generation; both also serve buyers who need to create images and video; same layer and the same scale band (mid-cap).4 of 8 capabilitiesShared product typeSame scale bandCompareAAdobePublic · $115.9BHailuo AI and Adobe Firefly do comparable work on video generation; both also serve buyers who need to create images and video; larger scale (public).5 of 8 capabilitiesShared product typeLarger scaleCompareOOpenRouterPrivate · $1.3BMiniMax Agent and Ori do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareRRunwayPrivate · $5.3BMiniMax Design and Runway do comparable work on image editing and image generation; both also serve buyers who need to create images and video; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareLLeonardo.AiAcquired ($31M deal)Hailuo AI and Leonardo AI do comparable work on video generation; both also serve buyers who need to create images and video; Leonardo.Ai is acquired, with no independent scale.3 of 8 capabilitiesShared product typeCompareFFalPrivateMiniMax Design and fal Agent do comparable work on image generation; both also serve buyers who need to create images and video; Fal's scale not recorded.3 of 8 capabilitiesShared product typeCompareCCaptionsPrivate · $500MHailuo AI and AI Twin do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).1 of 8 capabilitiesShared product typeSmaller scaleCompareRReflectionPrivate · $27.5BMiniMax Agent and Asimov do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (private); ships developer tool rather than the same layer.1 of 8 capabilitiesDifferent layerLarger scaleCompareIInVideoPrivate · $52.5M raisedHailuo AI and invideo AI do comparable work on video generation; both also serve buyers who need to create images and video; similar scale (private).1 of 8 capabilitiesShared product typeCompareAApplePublic · $4.6THailuo AI and Image Playground both serve buyers who need to create images and video; larger scale (public).3 of 8 capabilitiesShared product typeLarger scaleCompareRRunPodPrivateMiniMax Open Platform and Public Endpoints do comparable work on text to speech and video generation; both also serve buyers who need to build on a hosted model API, create images and video, create synthetic voice and audio and 1 more; RunPod's scale not recorded.4 of 8 capabilitiesShared product typeCompareRRespeecherPrivate · $4M raisedMiniMax Audio and AI Voice Lab do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; similar scale (private).1 of 8 capabilitiesShared product typeCompareHHeyGenPrivate · $500MHailuo AI and HeyGen Video Translator do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompareCCursorAcquired ($60B deal)MiniMax Agent and Cloud Agents do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Cursor is acquired, with no independent scale.2 of 8 capabilitiesShared product typeCompareBBaichuanPrivate · $2.8BMiniMax Open Platform and Baichuan Open Platform both serve buyers who need to build on a hosted model API and draft and edit written content; smaller scale (private).1 of 8 capabilitiesShared product typeSmaller scaleCompareBByteDancePrivateHailuo AI and Doubao (豆包) do comparable work on video generation; both also serve buyers who need to create images and video; larger scale (private).6 of 8 capabilitiesShared product typeCompareHOHour OnePrivateHailuo AI and Reals do comparable work on video generation; both also serve buyers who need to create images and video; Hour One's scale not recorded.1 of 8 capabilitiesShared product typeCompareKKakaoPublic · $16BMiniMax Audio and Kanana do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; same layer and the same scale band (mid-cap).4 of 8 capabilitiesShared product typeSame scale bandCompareWLWellSaid LabsPrivateMiniMax Audio and WellSaid Labs voice platform do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; WellSaid Labs's scale not recorded.1 of 8 capabilitiesShared product typeCompareNNeuralGaragePrivate · $1.5M raisedHailuo AI and VisualDub do comparable work on video generation; both also serve buyers who need to create images and video; similar scale (private).1 of 8 capabilitiesShared product typeCompareIIntelPublic · $463.7BHailuo AI and Intel AI Playground do comparable work on video generation; both also serve buyers who need to create images and video; larger scale (public).3 of 8 capabilitiesShared product typeLarger scaleCompareCCodeRabbitPrivate · $1.5BMiniMax Agent and CodeRabbit Agent for Slack do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompareHHiggsfieldPrivate · $1.3BHailuo AI and Higgsfield do comparable work on video generation; both also serve buyers who need to create images and video; smaller scale (private).3 of 8 capabilitiesShared product typeSmaller scaleCompareRReplitPrivate · $9BMiniMax Agent and Replit Agent 4 do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).2 of 8 capabilitiesShared product typeCompareLSLM StudioPrivateMiniMax Agent and LM Studio Bionic do comparable work on agentic coding; LM Studio's scale not recorded.2 of 8 capabilitiesShared product typeCompareNCNAVER CloudPrivateMiniMax Audio and CLOVA Dubbing do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; NAVER Cloud's scale not recorded.3 of 8 capabilitiesShared product typeCompareDD-IDPrivateHailuo AI and Creative Reality Studio do comparable work on video generation; both also serve buyers who need to create images and video; D-ID's scale not recorded.1 of 8 capabilitiesShared product typeCompareCCharacter.aiPrivate · $2.5B星野 (Xingye) and Character.AI both serve buyers who need to talk with AI for company, not for answers; smaller scale (private).1 of 8 capabilitiesShared product typeSmaller scaleCompareRAResemble AIPrivateMiniMax Audio and Security Awareness Training do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; Resemble AI's scale not recorded.1 of 8 capabilitiesShared product typeCompareGGensparkPrivate · $645M raisedMiniMax Agent and GenTerminal do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).4 of 8 capabilitiesShared product typeCompareKKlaviyoPublic · $5.5BMiniMax Design and Klaviyo Image Remix do comparable work on image editing and image generation; both also serve buyers who need to create images and video; smaller scale (public).2 of 8 capabilitiesShared product typeSmaller scaleComparePPlayAIPrivateMiniMax Audio and Play.ht do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; PlayAI's scale not recorded; ships API service rather than the same layer.1 of 8 capabilitiesDifferent layerCompareCClinePrivate · $32M raisedMiniMax Agent and Cline do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).1 of 8 capabilitiesShared product typeCompareCCognitionPrivate · $26BMiniMax Agent and Devin CLI do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (private).1 of 8 capabilitiesShared product typeLarger scaleCompareJJetBrainsPrivateMiniMax Agent and Junie do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; JetBrains's scale not recorded.1 of 8 capabilitiesShared product typeComparePAPoolside AIPrivate · $620M raisedMiniMax Agent and poolside do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).1 of 8 capabilitiesShared product typeCompareBBridgeMindPrivateMiniMax Agent and BridgeMind do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; BridgeMind's scale not recorded.2 of 8 capabilitiesShared product typeCompareIIdeogramPrivateHailuo AI and Ideogram 4.0 both serve buyers who need to create images and video; Ideogram's scale not recorded.1 of 8 capabilitiesShared product typeCompareYYandexPublicHailuo AI and Alice AI both serve buyers who need to create images and video; Yandex's scale not recorded.5 of 8 capabilitiesShared product typeCompareHAHume AIPrivateMiniMax Audio and Creator Studio do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; Hume AI's scale not recorded.1 of 8 capabilitiesShared product typeCompareGGitarAcquiredMiniMax Agent and Gitar do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Gitar is acquired, with no independent scale.1 of 8 capabilitiesShared product typeCompareCColossyanPrivateMiniMax Design and Cora both serve buyers who need to create images and video; Colossyan's scale not recorded.1 of 8 capabilitiesShared product typeCompareAHAll Hands AIPrivate · $23.8M raisedMiniMax Agent and OpenHands do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).1 of 8 capabilitiesShared product typeCompareAFAmp Frontier CorporationPrivateMiniMax Agent and Amp do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Amp Frontier Corporation's scale not recorded.1 of 8 capabilitiesShared product typeCompareFFactoryPrivate · $5BMiniMax Agent and Factory Droids do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; smaller scale (private).1 of 8 capabilitiesShared product typeSmaller scaleCompareVVercelPrivate · $9.3BMiniMax Agent and Vercel Agent do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private).2 of 8 capabilitiesShared product typeCompareOOpenCodePrivateMiniMax Agent and OpenCode do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; OpenCode's scale not recorded.1 of 8 capabilitiesShared product typeCompareCCerencePublic · $384.9M星野 (Xingye) and Cerence Assistant both serve buyers who need to use an everyday AI assistant; smaller scale (public).2 of 8 capabilitiesShared product typeSmaller scaleCompareGGitLabPublic · $8.3BMiniMax Agent and GitLab Duo Agent Platform do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (public).2 of 8 capabilitiesShared product typeCompareACAugment CodePrivateMiniMax Agent and Cosmos do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Augment Code's scale not recorded.1 of 8 capabilitiesShared product typeCompareRRoomotePrivateMiniMax Agent and Roomote do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Roomote's scale not recorded.1 of 8 capabilitiesShared product typeCompareWLWorld LabsPrivate · $5.3BHailuo AI and Marble both serve buyers who need to create images and video; smaller scale (private).Shared product typeSmaller scaleCompareFRFurhat RoboticsPrivateMiniMax Audio and Furhat robot do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; Furhat Robotics's scale not recorded; ships platform and robot rather than the same layer.2 of 8 capabilitiesDifferent layerCompareAAmazonPublic · $2.8T星野 (Xingye) and Alexa+ both serve buyers who need to use an everyday AI assistant; larger scale (public).3 of 8 capabilitiesShared product typeLarger scaleCompareSShopifyPublic · $196.7BMiniMax Design and Sidekick do comparable work on image editing; both also serve buyers who need to create images and video; larger scale (public).2 of 8 capabilitiesShared product typeLarger scaleCompareKCKilo CodeAcquiredMiniMax Agent and Kilo Code do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Kilo Code is acquired, with no independent scale.1 of 8 capabilitiesShared product typeCompareMMicrosoftPublic · $3.7T星野 (Xingye) and Microsoft Copilot both serve buyers who need to use an everyday AI assistant; larger scale (public).4 of 8 capabilitiesShared product typeLarger scaleCompareSServiceNowPublic · $130.1BMiniMax Agent and Build Agent do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (public).3 of 8 capabilitiesShared product typeLarger scaleCompareCCivitaiPrivate · $5.1M raisedMiniMax Design and Civitai do comparable work on image generation; both also serve buyers who need to create images and video; similar scale (private); ships API service and platform rather than the same layer.1 of 8 capabilitiesDifferent layerCompareTTypefacePrivateHailuo AI and Typeface Prompt both serve buyers who need to create images and video; Typeface's scale not recorded.2 of 8 capabilitiesShared product typeCompareSSpeechmaticsPrivateMiniMax Audio and Text to Speech do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; Speechmatics's scale not recorded; ships API service and developer tool rather than the same layer.1 of 8 capabilitiesDifferent layerCompareSESamsung ElectronicsPublic · $1.2TMiniMax Audio and Bixby both serve buyers who need to create synthetic voice and audio; larger scale (public).2 of 8 capabilitiesShared product typeLarger scaleCompareIIBMPublic · $216.6BMiniMax Audio and IBM Watson Text to Speech do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; larger scale (public).4 of 8 capabilitiesShared product typeLarger scaleCompareSSnowflakePublic · $116BMiniMax Agent and Snowflake CoCo do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (public).3 of 8 capabilitiesShared product typeLarger scaleCompareHCHuawei CloudPrivateMiniMax Audio and MetaStudio both serve buyers who need to create synthetic voice and audio; Huawei Cloud's scale not recorded.2 of 8 capabilitiesShared product typeCompareDDeepgramPrivate · $1.3BMiniMax Audio and Deepgram Flux TTS do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; smaller scale (private); ships API service rather than the same layer.2 of 8 capabilitiesDifferent layerSmaller scaleCompareEEmergentPrivate · $1.5BMiniMax Agent and Emergent do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; smaller scale (private); ships platform rather than the same layer.1 of 8 capabilitiesDifferent layerSmaller scaleCompareSStackBlitzPrivateMiniMax Agent and Bolt.new do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; StackBlitz's scale not recorded; ships platform rather than the same layer.1 of 8 capabilitiesDifferent layerCompareAAtlassianPublic · $48.2BMiniMax Agent and Rovo Dev do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; same layer and the same scale band (mid-cap).2 of 8 capabilitiesShared product typeSame scale bandCompareDDatadogPublic · $84.9BMiniMax Agent and Bits Code do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; same layer and the same scale band (mid-cap).2 of 8 capabilitiesShared product typeSame scale bandCompareLALiquid AIPrivate星野 (Xingye) and Liquid Apollo both serve buyers who need to use an everyday AI assistant; Liquid AI's scale not recorded.Shared product typeCompareGG42Private · $2.3B raisedMiniMax Open Platform and Jais both serve buyers who need to build on a hosted model API; similar scale (private).1 of 8 capabilitiesShared product typeCompareLCLG CorpPublic · $13.4BMiniMax Open Platform and K-EXAONE 2.0 both serve buyers who need to build on a hosted model API; same layer and the same scale band (mid-cap).1 of 8 capabilitiesShared product typeSame scale bandCompareSSonarPrivate · $4.7BMiniMax Agent and SonarQube do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; smaller scale (private); ships developer tool rather than the same layer.1 of 8 capabilitiesDifferent layerSmaller scaleCompareBABlackbox AIPrivateMiniMax Agent and Blackbox AI do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Blackbox AI's scale not recorded; ships infrastructure service rather than the same layer.1 of 8 capabilitiesDifferent layerCompareCCoherePrivate · $7BMiniMax Open Platform and Cohere Platform both serve buyers who need to build on a hosted model API and draft and edit written content; similar scale (private).2 of 8 capabilitiesShared product typeCompareGGreptilePrivateMiniMax Agent and TREX do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; Greptile's scale not recorded; ships developer tool rather than the same layer.1 of 8 capabilitiesDifferent layerCompareALAI21 LabsPrivate · $1.4BMiniMax Open Platform and AI21 Studio both serve buyers who need to build on a hosted model API and draft and edit written content; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompareAAccenturePublic · $111BMiniMax Agent and GenWizard do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; larger scale (public).2 of 8 capabilitiesShared product typeLarger scaleCompareCCartesiaPrivateMiniMax Audio and Sonic / Ink do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; Cartesia's scale not recorded; ships API service rather than the same layer.1 of 8 capabilitiesDifferent layerCompareLLovablePrivate · $13.3BMiniMax Agent and Lovable do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; similar scale (private); ships platform rather than the same layer.1 of 8 capabilitiesDifferent layerCompareOOraclePublic · $454.4BMiniMax Open Platform and Generative AI Capabilities both serve buyers who need to build on a hosted model API; larger scale (public).2 of 8 capabilitiesShared product typeLarger scaleCompareFFreshworksPublic · $3.4BMiniMax Agent and Freddy AI Copilot for Developers do comparable work on agentic coding; both also serve buyers who need to code with an AI assistant; smaller scale (public).3 of 8 capabilitiesShared product typeSmaller scaleComparePPictoryPrivateHailuo AI and Pictory AI Studio do comparable work on video generation; Pictory's scale not recorded.1 of 8 capabilitiesShared product typeCompareAAAleph AlphaPrivate · $500M raisedMiniMax Open Platform and Pharia-1-LLM both serve buyers who need to build on a hosted model API; similar scale (private).1 of 8 capabilitiesShared product typeCompareSSAPPublic · $256.3BMiniMax Agent and Joule Studio both serve buyers who need to code with an AI assistant; larger scale (public).2 of 8 capabilitiesShared product typeLarger scaleCompareMManusPrivateMiniMax Design and Manus do comparable work on image generation; smaller scale (private).1 of 8 capabilitiesShared product typeCompareTTwilioPublic · $36.5BMiniMax Audio and Conversation Relay do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; same layer and the same scale band (mid-cap).2 of 8 capabilitiesShared product typeSame scale bandCompare0101.AIPrivateMiniMax Open Platform and Yi both serve buyers who need to build on a hosted model API; 01.AI's scale not recorded.2 of 8 capabilitiesShared product typeCompareUUpstagePrivate · $958.8MMiniMax Open Platform and Solar LLMs both serve buyers who need to build on a hosted model API; smaller scale (private).2 of 8 capabilitiesShared product typeSmaller scaleCompare

Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Market cap

Third-party database · 27 Aug 2026

Market cap HK$98.67B as of 2026-08-27, quoted in HKD on the listing's own page; converted at the ECB euro reference rate for 2026-08-27 (HKD/EUR 9.1282, USD/EUR 1.1645 -> 7.8387 HKD per USD). Replaces null (valuation was never set; the record was ranked on its funding_total of $600M instead, having been miscoded is_public: false).

Employees

News reporting · Jan 2026

"The prospectus shows that the company has 385 employees in total, with an average age of only 29" — 36Kr, reporting on MiniMax's HKEX listing prospectus (filed ahead of its 2026-01-09 IPO). Read at one remove from the prospectus itself (a 6.9MB PDF that did not yield readable text); an aggregator figure of 435 as of March 2026 was seen but not used, per the rule against unverified aggregate headcounts. MiniMax's interim report for H1 2026 (released 2026-08-26) may carry a more current figure not checked here.

Founded

Wikipedia · 11 Sep 2026

Infobox: "Founded: December 2021."

Revenue (TTM)

Third-party database · 27 Aug 2026

TTM revenue $1.30B as of 2026-08-27. MiniMax's listing quotes market cap in HKD but financials in USD (curr:{main:"HKD", financial:"USD"}) — no conversion needed for this field, unlike SenseTime and Horizon Robotics.

Public listing

Third-party database · 27 Aug 2026

MiniMax IPO'd on HKEX as 0100.HK on 2026-01-09.

Open MiniMax in the directory

Something wrong here? Send a correction — quote this company id: minimax.