Congress Is Suddenly Waking Up to the AI Doomsday Threat42m ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself50m ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers51m ago Introducing ChatGPT for Financial Services55m ago Tesla unveils driverless Cybercab in Japan for 1st time2h ago The AI safety vibe shift2h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.2h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff2h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut2h ago Salesforce introduces Enterprise AI Harness, AI Control Plane3h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In3h ago How Social Media Platforms Are Identifying AI Content3h ago DeepSeek launches V4.1-Flash and retires V4-Pro, its flagship model3h ago OpenAI Wants to Know if an AI Industry Slowdown Would Even Be Legal3h ago

Congress Is Suddenly Waking Up to the AI Doomsday Threat42m ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself50m ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers51m ago Introducing ChatGPT for Financial Services55m ago Tesla unveils driverless Cybercab in Japan for 1st time2h ago The AI safety vibe shift2h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.2h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff2h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut2h ago Salesforce introduces Enterprise AI Harness, AI Control Plane3h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In3h ago How Social Media Platforms Are Identifying AI Content3h ago DeepSeek launches V4.1-Flash and retires V4-Pro, its flagship model3h ago OpenAI Wants to Know if an AI Industry Slowdown Would Even Be Legal3h ago

AI Research Business & Enterprise3 min reading time

MiniMax’s CEO won’t take a salary until AGI. His company just raised $2bn after an 80% crash

The Next WebPublished Jul 10, 2026

MiniMax's CEO Yan Junjie has pledged to forgo his salary until the company achieves artificial general intelligence, while the firm raised up to $2 billion amid an 80% share price drop since March. The fundraising includes a discounted share sale and convertible bonds, aiming to stabilize the company as it faces competition and challenges with its flagship AI model.

#agi #hong-kong-stock-exchange #m3-model #minimax #morgan-stanley #yan-junjie

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