Chinese AI startup MiniMax (0100.HK) announced on the 19th the launch of an updated version of its AI model M3.1 Flash. According to Reuters, the company said the new version achieves a "generational" improvement in capabilities such as agent tasks, coding and cybersecurity, with online inference speed nearly tripled and usage costs reduced by 70%.
MiniMax Releases M3.1 Flash Update, Inference Speed Nearly Tripled, Cost Reduced by 70%
Shanghai
Sourcesreuters.com