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Alibaba Leads $2.5 Billion AI Investment
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Alibaba Group Holding Ltd. is spearheading a funding round of over $600 million for Chinese AI startup MiniMax, propelling the startup's valuation past $2.5 billion. The investment showcases Alibaba's commitment to furthering AI innovation.
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How could this funding round influence the competitive landscape of the AI industry?
How might Alibaba's backing impact MiniMax's technological advancements?
What strategic advantages does this investment offer Alibaba in the AI sector?
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