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Minimax

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Video Rebirth releases HyperFlow H3 Flash, a 14B compressed version of MiniMax-H3

Video Rebirth has published HyperFlow H3 Flash, a distilled version of the 31B-parameter MiniMax-H3 model that generates synchronized video and stereo audio in just 4-8 sampling steps without classifier-free guidance. The model, shrunk to roughly 13.7-13.9B parameters, is available in GGUF and INT8 formats and can run on consumer GPUs with 24GB+ VRAM, with NVIDIA's SOL-H3 enabling real-time generation on 4x Blackwell GPUs.

MiniMax launches M3.1 Flash, a faster, cheaper agentic AI model

MiniMax has officially released MiniMax M3.1 Flash, successor to a previously anonymous model called Space Bunny that had processed over 200 trillion tokens. The new model focuses on agentic tasks, coding, computer use and cybersecurity, and MiniMax says it runs nearly three times faster for online inference while cutting usage costs by 70%.

Z.ai stock drops 10% after announcing $5 billion share and bond sale

Z.ai's shares fell more than 10% on Monday after the Beijing-based AI firm unveiled plans to raise roughly $5 billion, combining a discounted share placement worth about $2 billion with a $3 billion zero-coupon convertible bond offering due 2027. This is the company's second major capital raise in two months, following a $4 billion placement in July. Rival Chinese AI firm MiniMax also saw its shares slide about 5% the same day.