📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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MiniMax Open Source's first inference model: Competing with DeepSeek, the Computing Power cost is only about $530,000.
Gate News bot message, MiniMax announced on June 17 that it will release important updates for five consecutive days. Today's first release is the Open Source first inference model MiniMax-M1.
According to the official report, the MiniMax-M1 has benchmarked alongside open source models such as DeepSeek-R1 and Qwen3, approaching the most advanced models overseas.
The official blog also mentioned that based on two major technological innovations, the MiniMax-M1 training process was efficient "beyond expectations," completing the reinforcement learning training phase in just 3 weeks using 512 H800 GPUs, with a computing power rental cost of only $534,700. This is an order of magnitude less than the initial expectations.
Source: Jinshi