{"id":143844,"date":"2026-01-09T09:00:09","date_gmt":"2026-01-09T09:00:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=143844"},"modified":"2026-01-09T09:00:09","modified_gmt":"2026-01-09T09:00:09","slug":"minimax-and-zhipus-stellar-hong-kong-ipos-supercharge-chinas-ai-ambitions","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=143844","title":{"rendered":"MiniMax and Zhipu\u2019s stellar Hong Kong IPOs supercharge China\u2019s AI ambitions"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostThe red-hot Hong Kong initial public offerings (IPOs) of Zhipu AI and MiniMax Group, two of China\u2019s hopefuls to take on US giants like OpenAI and Anthropic, have given a boost to Beijing\u2019s ambitions in the artificial intelligence sector, according to executives and industry watchers.<br \/>\nWhile Zhipu\u2019s valuation of about US$9 billion and MiniMax\u2019s market cap of US$14 billion remain tiny compared with the US giants \u2013 OpenAI is worth about US$500 billion and Anthropic\u2019s valuation is estimated at about&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3339301\/minimax-and-zhipus-stellar-hong-kong-ipos-supercharge-chinas-ai-ambitions?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostThe red-hot Hong Kong initial public offerings (IPOs) of Zhipu AI and MiniMax Group, two of China\u2019s hopefuls to take on US giants like&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/143844"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=143844"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/143844\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=143844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=143844"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=143844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}