MiniMax has released MiniMax 2.7, an open-source model that matches the performance of Z.ai's GLM-5 on several benchmarks but at a significantly lower cost. The model is noted for its efficiency and claims to be the first to deeply participate in its own evolution, handling a portion of its workflow. MiniMax is also exploring multi-agent collaboration and finance use cases, alongside releasing an open-source demo for entertainment applications called OpenRoom. AI
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RANK_REASON New model release from a significant Chinese AI lab matching SOTA open model performance at lower cost.