Investors Ramp up Bets on the Agent Economy
Artificial intelligence (AI) agents are moving beyond simple automation to ease the human bottleneck across finance and enterprise workflows. Led by Sphinx Labs’ $7.1 million seed round and Basis’...
China’s MiniMax More Than Doubles Revenue in 2025
Chinese AI developer MiniMax said Tuesday that its revenue more than doubled to $79 million last year, from about $30 million in 2024, driven by the growth of its Hailuo AI video generation app and ot...