Chinese AI firms Z.ai and MiniMax could remain loss-making until 2030, Macquarie says
This story is from 2026-09-08. It is preserved in the archive; the latest stories are on the live feed.
Chinese artificial intelligence companies Z.ai and MiniMax could remain loss-making through 2030 even as their revenues surge, underscoring the enormous cost of competing at the technological frontier, according to Macquarie Group’s head of Asia internet and software research Ellie Jiang. One reaso…
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- 2026-09-08 09:33 · South China Morning Post Tech
Chinese AI firms Z.ai and MiniMax could remain loss-making until 2030, Macquarie says