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MiniMax Yan Junjie: The key to success or failure of enterprises in the AI era is the speed of progress in intelligent capabilities
The 2026 Shanghai Global Investment Promotion Conference will be held in Shanghai on March 14. MiniMax founder and CEO Yan Junjie stated at the opening ceremony that in the AI era, the ultimate determinant of victory or defeat is not simply burning money and resources, but the speed of progress in intelligent capabilities, which comes from R&D efficiency. The company places great emphasis on iteration speed at every stage of R&D, such as optimizing algorithms, experimental design, the number of experimental iterations, and analysis decision-making mechanisms, making full use of the agile organizational structure of startups, combining top-down and bottom-up approaches. (People’s Financial News)