MiniMax is working on a new large language model with 2.7 trillion parameters and plans to release it as open source. The model would be one of the largest open releases if the company follows through.
Large open models are strategically important because they give developers and enterprises more control over deployment, customization, and cost. They also increase competitive pressure on closed frontier providers.
The planned release shows Chinese AI labs continuing to push scale and openness as part of the global model race.