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

This story is from 2026-08-28. It is preserved in the archive; the latest stories are on the live feed.

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 planne…

Read the full story at South China Morning Post Tech ↗

Timeline · 1 report

  1. 2026-08-28 08:00 · South China Morning Post Tech
    MiniMax expands Alibaba cloud pact as compute needs surge for training and inference

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