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Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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