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MiniMax's Founder, The Man They Called a Fraud

This story is from 2026-08-23. It is preserved in the archive; the latest stories are on the live feed.

In early 2022, Yan Junjie was pitching Chinese investors on artificial general intelligence. Some in big-tech circles had a shorter answer: fraud. He later summarized the period in one word: "painful." Four years later, on January 9, 2026, MiniMax listed in Hong Kong at HK$165 a share. The retail t…

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  1. 2026-08-23 13:56 · DEV Community — AI
    MiniMax's Founder, The Man They Called a Fraud

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