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China's 5 New AI Models Emerge, UBS Picks Its Favorite Over DeepSeek
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UBS Backs MiniMax: China's AI Dark Horse Outshines DeepSeek with Cheaper, Smarter Models
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CNBC TV18
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02-03-2026, 10:24
UBS Backs MiniMax: China's AI Dark Horse Outshines DeepSeek with Cheaper, Smarter Models
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China sees a surge of new AI models from companies like Alibaba and ByteDance, but MiniMax captures UBS's attention.
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MiniMax's M2.5 model rivals Claude's performance at a significantly lower price, attracting developers.
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UBS initiates coverage on MiniMax with a 'buy' rating, citing its potential in the global enterprise market.
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MiniMax offers a diverse suite of AI tools, including text, video, audio generation, and AI companionship.
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UBS projects MiniMax could capture 3% of the global enterprise services market, with significant revenue opportunities in video and AI companionship.
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