China’s MiniMax launches H3 AI model; shares jump on multimodal push

China’s MiniMax has officially released the H3 video model, marking a significant expansion into multimodal AI capabilities. Following the launch of the H3 AI model, the company experienced a jump in shares, reflecting strong market optimism regarding its strategic push into multimodal technology. This development highlights MiniMax's commitment to advancing video generation and AI integration, positioning the firm to compete more effectively within the rapidly evolving landscape of artificial intelligence and multimodal systems.