Chinese AI developer DeepSeek’s release on Friday of a smaller version of its flagship V4 open-source model is causing a stir.

In early tests, the model, V4-Flash, demonstrated capabilities comparable to much larger open-source and proprietary models, and it’s also less expensive than those ...

Chinese AI firm MiniMax on Friday announced a new open-source video generation model, H3, cranking up competition against AI video rivals like ByteDance and Google.

MiniMax is trying to shake up the market by open-sourcing its flagship video model for the first time. MiniMax said H3, a ...