Stock Track | MINIMAX-WP Soars 5.12% Intraday on AI Policy Support and Model Open-Sourcing

Stock Track04-22

MINIMAX-WP's stock soared 5.12% during intraday trading on Wednesday, following the release of new government guidelines supporting AI development and the company's recent global open-sourcing of its latest model.

The State Council has issued guidelines aimed at expanding the service industry, emphasizing the "AI+" initiative and calling for support in procuring large language model and AI agent services. This policy backing is seen as a powerful solution for the industry's path to profitability, signaling a transition for AI applications into productivity tools with financial viability.

Specifically for MINIMAX-WP, the company recently open-sourced its MiniMax M2.7 model globally, completing access and inference adaptation with major chip manufacturers and inference platforms including Huawei Ascend, Moore Thread, and NVIDIA on its first open-source day. This development comes as the AI industry experiences explosive growth in token consumption, with analysts noting that AI applications are evolving from Chat towards Agent functionality, driving increased inference depth and promoting sustained high-speed growth in underlying token usage.

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