Maven Robotics wants to steal your robot deployment deal22m ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges32m ago 7 Steps to Become a Forward Deployed Engineer in 202640m ago Amazon partners with OpenAI to let users of Amazon's DSP run ads in ChatGPT in a pilot program limited to the US; ChatGPT Ads hit $1B in ARR last month55m ago D-Matrix Connects Raptor XPUs to NVIDIA AI Factories via NVLink Fusion1h ago Source: Meta AI researcher Andrew Tulloch, who came over from Thinking Machine Lab as one of the highest paid employees last year, is leaving the company (Reed Albergotti/Semafor)1h ago Mother Horrified When Instagram’s AI Scours Social Media for Invasive Information About Her Young Daughters1h ago Mach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B1h ago Salesforce Unveils Six-Capability Trusted AI Harness for Enterprises1h ago US closes $1.9bn loan to restart the Iowa nuclear plant powering Google1h ago OpenAI Gives US Agencies 50% Off Models, Ending $1 Per Year Deal1h ago 47,000 job listings reveal the engineering roles that AI is creating2h ago Anthropic's Alignment Science lead says there is a ">10%" chance AI could kill all humans within the next decade and is worried about recursive self-improvement (Evan Hubinger/@evanhub)2h ago Ukraine says AI is moving beyond drones and into strike missiles for the first time2h ago

Maven Robotics wants to steal your robot deployment deal22m ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges32m ago 7 Steps to Become a Forward Deployed Engineer in 202640m ago Amazon partners with OpenAI to let users of Amazon's DSP run ads in ChatGPT in a pilot program limited to the US; ChatGPT Ads hit $1B in ARR last month55m ago D-Matrix Connects Raptor XPUs to NVIDIA AI Factories via NVLink Fusion1h ago Source: Meta AI researcher Andrew Tulloch, who came over from Thinking Machine Lab as one of the highest paid employees last year, is leaving the company (Reed Albergotti/Semafor)1h ago Mother Horrified When Instagram’s AI Scours Social Media for Invasive Information About Her Young Daughters1h ago Mach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B1h ago Salesforce Unveils Six-Capability Trusted AI Harness for Enterprises1h ago US closes $1.9bn loan to restart the Iowa nuclear plant powering Google1h ago OpenAI Gives US Agencies 50% Off Models, Ending $1 Per Year Deal1h ago 47,000 job listings reveal the engineering roles that AI is creating2h ago Anthropic's Alignment Science lead says there is a ">10%" chance AI could kill all humans within the next decade and is worried about recursive self-improvement (Evan Hubinger/@evanhub)2h ago Ukraine says AI is moving beyond drones and into strike missiles for the first time2h 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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