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MiniMax expands Alibaba cloud pact as compute needs surge for training and inference

Chinese artificial intelligence firm MiniMax has raised the three-year purchase ceiling on its cloud computing deals with Alibaba Group Holding by 220 per cent to US$1.2 billion, underscoring surging demand for computing power among the country’s top AI developers. The Shanghai-based company...

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MiniMax expands Alibaba cloud pact as compute needs surge for training and inference

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

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