MiniMax: From ARR Structure, To B Business Share Has Reached Approximately 80%

Odaily News: MiniMax's revenue structure is undergoing rapid changes. Based on the latest ARR (Annual Recurring Revenue) structure, the To B business share has reached approximately 80%, while the To C business share accounts for about 20%. Compared with the same period last year, when the To B share was roughly 30% and To C was about 70%, the pace of model adoption by enterprises and developers is clearly accelerating.

MiniMax stated that with the continued upgrades to the M2 series and the successive launches of M3 and H3, model intelligence and inference throughput have improved in tandem, and the demand for model calls from enterprises and developers is becoming a new revenue driver for MiniMax. (Jin Shi)