MiniMax (company)
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MiniMax (company)
MiniMax is an artificial intelligence (AI) company based in Shanghai, China. As of 2024, it has been dubbed one of China's "AI Tiger" companies by investors. Background MiniMax was founded in December 2021 by several computer vision veterans from SenseTime. When it first started out, it received funding from MiHoYo. In March 2024, Alibaba Group led a $600 million financing round for MiniMax giving it a valuation of $2.5 billion. Other investors of MiniMax include Hillhouse Investment, HongShan, IDG Capital and Tencent. In October 2024, it was reported Chinese phone makers opted for Minimax with regards to its foundational AI large models. Products Talkie MiniMax's first product was Glow which was launched in October 2022. The app allowed users to create virtual characters, give them background stories and then chat with them about various topics. Only four months after launch, the app had over 5 million users. Due to filing issues, Glow was terminated in March ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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LeBron James
LeBron Raymone James Sr. ( ; born December 30, 1984) is an American professional basketball player for the Los Angeles Lakers of the National Basketball Association (NBA). Nicknamed "King James", he is the NBA's all-time leading scorer and has won four NBA championships from 10 NBA Finals appearances, having made eight consecutive appearances between 2011 and 2018. He also won the inaugural NBA Cup in 2023 with the Lakers and has won three Olympic gold medals as a member of the U.S. national team. In addition to ranking fourth in NBA career assists and sixth in NBA career steals, James holds several individual honors, including four NBA MVP awards, four Finals MVP awards, the Rookie of the Year award, three All-Star Game MVP awards, the inaugural NBA Cup MVP, and the Olympics MVP in the 2024 Summer Olympics. A record 21-time All-Star and 21-time All-NBA selection (including a record 13 First Team selections), he has also made six All-Defensive Teams. The oldest ...
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OpenAI
OpenAI, Inc. is an American artificial intelligence (AI) organization founded in December 2015 and headquartered in San Francisco, California. It aims to develop "safe and beneficial" artificial general intelligence (AGI), which it defines as "highly autonomous systems that outperform humans at most economically valuable work". As a leading organization in the ongoing AI boom, OpenAI is known for the GPT family of large language models, the DALL-E series of text-to-image models, and a text-to-video model named Sora (text-to-video model), Sora. Its release of ChatGPT in November 2022 has been credited with catalyzing widespread interest in generative AI. The organization has a complex corporate structure. As of April 2025, it is led by the Nonprofit organization, non-profit OpenAI, Inc., Delaware General Corporation Law, registered in Delaware, and has multiple for-profit subsidiaries including OpenAI Holdings, LLC and OpenAI Global, LLC. Microsoft has invested US$13 billion ...
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Text-to-speech
Speech synthesis is the artificial production of human speech. A computer system used for this purpose is called a speech synthesizer, and can be implemented in software or Computer hardware, hardware products. A text-to-speech (TTS) system converts normal language text into speech; other systems render symbolic linguistic representations like phonetic transcriptions into speech. The reverse process is speech recognition. Synthesized speech can be created by Concatenative synthesis, concatenating pieces of recorded speech that are stored in a database. Systems differ in the size of the stored speech units; a system that stores phone (phonetics), phones or diphones provides the largest output range, but may lack clarity. For specific usage domains, the storage of entire words or sentences allows for high-quality output. Alternatively, a synthesizer can incorporate a model of the vocal tract and other human voice characteristics to create a completely "synthetic" voice output. The ...
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Mixture Of Experts
Mixture of experts (MoE) is a machine learning technique where multiple expert networks (learners) are used to divide a problem space into homogeneous regions. MoE represents a form of ensemble learning. They were also called committee machines. Basic theory MoE always has the following components, but they are implemented and combined differently according to the problem being solved: * Experts f_1, ..., f_n, each taking the same input x, and producing outputs f_1(x), ..., f_n(x). * A weighting function (also known as a gating function) w, which takes input x and produces a vector of outputs (w(x)_1, ..., w(x)_n). This may or may not be a probability distribution, but in both cases, its entries are non-negative. * \theta = (\theta_0, \theta_1, ..., \theta_n) is the set of parameters. The parameter \theta_0 is for the weighting function. The parameters \theta_1, \dots, \theta_n are for the experts. * Given an input x, the mixture of experts produces a single output by combinin ...
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ITV (TV Network)
ITV, legally known as Channel 3, is a British free-to-air public service broadcasting in the United Kingdom, public broadcast television network. It is branded as ITV1 in most of the UK except for central and northern Scotland, where it is branded as STV (TV channel), STV. It was launched in 1955 as Independent Television to provide competition to BBC Television (established in 1936). ITV is the oldest commercial network in the UK. Since the passing of the Broadcasting Act 1990, it has been Legal name, legally known as Channel 3 to distinguish it from the other analogue channels at the time: BBC1, BBC2 and Channel 4. ITV was, for decades, a network of separate companies that provided regional television services and also shared programmes among themselves to be shown on the entire network. Each franchise was originally owned by a different company. After several mergers, the fifteen regional franchises are now held by two companies: ITV plc, which runs ITV1, the ITV1 cha ...
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Channel 5 (British TV Channel)
5 (formerly known as Channel 5 and Five) is a British free-to-air Public service broadcasting in the United Kingdom, public broadcast television channel owned and operated by Channel 5 Broadcasting Limited, a wholly-owned subsidiary of Paramount Global's Paramount Networks UK & Australia, UK and Australia division. It was launched in 30 March 1997 to provide a fifth national terrestrial channel in the United Kingdom. Channel 5 was renamed Five, from 16 September 2002 until 13 February 2011. Most of this was under the RTL Group's ownership with Richard Desmond purchasing the channel on 23 July 2010 and reverting the name change.'Mini-revamp planned for Channel 5 News'
ATV Network, 30 October 2010
On 1 May 2014, the channel was acquired by Viacom (2005–2019), Viacom (now Paramount Global ...
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Channel 4
Channel 4 is a British free-to-air public broadcast television channel owned and operated by Channel Four Television Corporation. It is state-owned enterprise, publicly owned but, unlike the BBC, it receives no public funding and is funded entirely by its commercial activities, including Television advertisement, advertising. It began its transmission in 1982 and was established to provide a fourth television service in the United Kingdom. At the time, the only other channels were the television licence, licence-funded BBC1 and BBC2, and a single commercial broadcasting network, ITV (TV network), ITV. Originally a subsidiary of the Independent Broadcasting Authority (IBA), the station is now owned and operated by Channel Four Television Corporation, a public corporation of the Department for Culture, Media and Sport, which was established in 1990 and came into operation in 1993. Until 2010, Channel 4 did not broadcast in Wales, but many of its programmes were re-broadcast ther ...
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Broadcast (magazine)
''Broadcast'' is a monthly magazine for the United Kingdom television and radio industry, owned by Media Business Insight. History ''Broadcast'' was started in 1973 by Rod Allen, who went on to work at LWT, HTV and HarperCollinsInteractive. He was most recently head of the Department of Journalism at City University, London, until he retired in 2006. The magazine was later owned by Thomson Information Services, EMAP acquired it in 1993. Ascential later sold the magazine as part of a management buyout of Media Business Insight division in 2015. Description The magazine covers a wide range of news and issues affecting the professional broadcast market in the UK. It has regular monthly sections covering news, commissioning, facilities, analysis, opinion, interview, platforms, production and ratings. ''Broadcast'' also often has a special feature covering an issue relevant to the industry. It is owned by Media Business Insight, a publishing, events and information business t ...
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Runway (company)
Runway AI, Inc. (also known as Runway and RunwayML) is an American company headquartered in New York City that specializes in generative artificial intelligence research and technologies. The company is primarily focused on creating products and models for generating videos, images, and various multimedia content. It is most notable for developing the commercial text-to-video and video generative AI models Gen-1, Gen-2, Gen-3 Alpha and Gen-4. Runway's tools and AI models have been utilized in films such as ''Everything Everywhere All at Once'', in music videos for artists including A$AP Rocky, Kanye West, Brockhampton, and The Dandy Warhols, and in editing television shows like The Late Show and Top Gear. History The company was founded in 2018 by the Chileans Cristóbal Valenzuela, Alejandro Matamala and the Greek Anastasis Germanidis after they met at New York University Tisch School of the Arts ITP. The company raised US$2 million in 2018 to build a platform to deploy ...
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Dream Machine (text-to-video Model)
Dream Machine is a text-to-video model created by Luma Labs and launched in June 2024. It Generative artificial intelligence, generates video output based on user Prompt engineering, prompts or still images. Dream Machine has been noted for its ability to realistically capture motion, while some critics have remarked upon the lack of transparency about its Training, validation, and test data sets, training data. History Dream Machine is a text-to-video model created by the San Francisco-based generative artificial intelligence company Luma Labs, which had previously created Genie, a 3D modeling, 3D model generator. It was released to the public on June 12, 2024, which was announced by the company in a post on Twitter under Elon Musk, X alongside examples of videos it created. Soon after its release, users on social media posted video versions of images generated with Midjourney, as well as moving recreations of artworks such as ''Girl with a Pearl Earring'' and memes such as Dog ...
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