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AI Daily Briefing – 2026-08-28: MiniMax ARR Soars 500%
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AI Daily Briefing – 2026-08-28: MiniMax ARR Soars 500%

It's an efficiency-and-revenue kind of morning. MiniMax's annualized revenue jumped 500% on a 2000% spike in token consumption — a clear sign that agents, not just chatbots, are becoming the real engine of AI monetization. Zhipu quietly confirmed its rumored "Niu Lai" model as GLM-5.3 Flash, its first natively multimodal GLM running on domestic chips, while fresh funding keeps flowing into AI infr

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