January 14, 2025 3:46 PM
Credit: VentureBeat made with Midjourney
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MiniMax is perhaps today best known here in the U.S. as the Singaporean company behind Hailuo, a realistic, high-resolution generative AI video model that competes with Runway, OpenAI’s Sora and Luma AI’s Dream Machine.
But the company has far more tricks up its sleeve: today, for instance, it announced the release and open-sourcing of the MiniMax-01 series, a new family of models built to handle ultra-long contexts and enhance AI agent development.
The series includes MiniMax-Text-01, a foundation large language model (LLM), and MiniMax-VL-01, a visual multi-modal model.
A massive context window
The LLM, MiniMax-Text-o1, is of particular note for enabling up to 4 million tokens in its context window — equivalent to a small library worth of books. The context window is how much information the LLM can handle in one input/output exchange, with words and concepts represented as numerical “tokens,” the LLM’s own interna...