MiniMax's Yan Junjie: open source until AGI, profit by cutting inference costs
11/06/2026 — 11/06, 19:19·1 sources (all)·1 reports (all)
Key takeaways
- MiniMax founder and CEO Yan Junjie said in his first English-language podcast interview that the company will keep open-sourcing until AGI i…
Background & analysis
On November 6, 2026, Yan Junjie, founder, chairman and CEO of MiniMax, said in his first English podcast interview that the company will keep open sourcing until it reaches AGI, and that the path to profitability is driving inference costs down through technical innovation rather than raising model prices. He added that under this model, low inference costs let customers adopt AI at lower prices and also cut the cost of reinforcement learning and post training.
AI-generated from 1 reports · updated 2 hours ago
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MiniMax founder and CEO Yan Junjie said in his first English-language podcast interview that the company will keep open-sourcing until AGI is reached, and that profitability will come from driving inference costs down through technical innovation rather than raising model prices. He said annualized recurring revenue passed $800 million as of August, with enterprise business above 80%, and that MiniMax is merging its language and video models to move AI from generating text and clips toward agents that can plan and complete complex projects.
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