The open-source M1 boasts a record-breaking context window and lean training budget, promising enterprise-grade reasoning without hyperscaler resources — and reshaping the AI playing field.

The company says it spent just $534,700 renting the data center computing resources needed to train M1. This is nearly 200x times cheaper than estimates of the training cost of ChatGPT 4-o, whose training cost,

Shanghai artificial intelligence startup MiniMax released a new open-source large language model, positioning it as a direct competitor to American and other