DeepSeek rival MiniMax says its first AI reasoning model halves compute of R1

Shanghai-based artificial intelligence (AI) start-up MiniMax has launched an open-source reasoning model that it said requires just half the computing resources of rival DeepSeek’s models for some tasks.
On Tuesday, the company announced the release of MiniMax-M1, its first reasoning model, on its official WeChat account. M1 consumes less than half the computing power of DeepSeek-R1 for reasoning tasks with a generation length of 64,000 tokens or fewer, according to a technical paper released…