There are several well-known players in this area, including Synthesia, Runway, and Kling. Minimax threw its computer-generated hat into the ring in September 2024 with its Hailuo AI product ...

This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01 ...