No salary for me until we achieve AGI: MiniMax CEO makes a promise to its employees

MiniMax CEO Yan Junjie will not take a salary until artificial general intelligence is achieved. He plans to transfer personal shares to reward employees and support open-source AI development. The company is seeking to raise approximately $2.05 billion through a Hong Kong share placement. These funds will expand AI infrastructure and accelerate research and development efforts. MiniMax aims to bolster its position amidst increasing competition in China's AI market.