MiniMax says it has closed $2 bln funding round, outlines AGI commitments

MiniMax closed $2B round per Head of Developer Relations Ryan Lee on X. Enterprise/developer customers surpassed 1M by end June 2026 (from 200K Dec 2025); ~300M consumer users. CEO pledged no salary until AGI, 4% equity to employees, 1% to open-source community. Round closed day after lock-up expiry; shares down ~80% since March IPO.