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AI IPOs & Investments
MiniMax: The $14B “Anti-OpenAI” That Conquered the U.S. App Store
While Silicon Valley was fixated on Palo Alto, a quiet revolution was brewing 6,000 miles to the West. In January 2026, MiniMax Group Inc. (SEHK: 0100) made history as the world’s fastest AI startup to reach a public listing, debuting on the Hong Kong Stock Exchange just four years after its founding. Unlike many of its peers, MiniMax isn't just chasing technical benchmarks—it’s chasing users, and it’s winning. With over 70% of its revenue now originating from overseas mar
Stephen
Jan 257 min read
GLM-4.7 vs. GPT-5.2: The World’s First Public LLM Giant vs. Silicon Valley’s Private Hype
GLM-4.7 vs GPT-5.2 coding benchmark While the world spent the last five years staring at Palo Alto, the tectonic plates of Artificial Intelligence just shifted 6,000 miles to the West. It is 2026, and the "Intelligence Gap" has officially closed. In a single week, the narrative of Silicon Valley’s untouchable dominance was shattered—not by a better marketing campaign, but by a 94.2% math reasoning score and a $14 billion IPO. Meet Zhipu AI , the Tsinghua-born powerhouse that
Stephen
Jan 179 min read
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