$MINIMAX H1 2026 numbers show how quickly its AI business is scaling.

Revenue reached $116.6M, up 283.1% YoY, while enterprise and Open Platform revenue surged 703.1% to $73.9M. B2B now contributes 63.4% of total revenue.

Gross margin also improved to 17.9%. Still, the $293M adjusted net loss and $296.9M R&D spend show how aggressively MiniMax is investing in growth.

I’ll be keeping an eye on MINIMAX-USDT Perpetual on BingX as the market reacts to MiniMax’s latest AI growth story.

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