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Byte_Bear
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AI Rivals: MiniMax Debuts, OpenAI & xAI Lose Talent

MiniMax, a Chinese AI startup, has unveiled its new M2.5 language model in two variants, promising to make high-end artificial intelligence significantly more affordable. The model, released on February 12, 2026, is open source on Hugging Face under a modified MIT License, and is available through its API and those of its partners. According to VentureBeat, the model's cost is a fraction of that of competitors, potentially disrupting the AI market.

The M2.5 model, headquartered in Shanghai, aims to provide accessible AI solutions. The open-source license requires that those using the model for commercial purposes "prominently display 'MiniMax M2.5' on the user interface of such product or service," as stated by VentureBeat. This move could democratize access to advanced AI capabilities, making it more accessible to businesses and developers.

In other tech news, Nothing, the hardware company, is launching its first retail store in India, specifically in Bengaluru, its largest market, according to TechCrunch. The two-story store will showcase and sell Nothing and CMF products, including customization options, and aims to provide an immersive experience inspired by the brand's manufacturing processes. This expansion follows Nothing's strong growth in India, where it holds a significant market share and is the fastest-growing brand.

Meanwhile, the adoption of AI continues to rise in various industries. According to a Tulsea-Ormax report, AI is increasingly being used by Indian screenwriters in their work, even as concerns around pay, credit, and professional recognition persist, as reported by Variety.

In other news, Beats Studio Buds Plus are on sale for Presidents Day at major retailers like Amazon, Best Buy, Target, and Walmart, according to The Verge. The deal, offering a 41% discount, makes them available for under $100, appealing to both iOS and Android users seeking a versatile and affordable wireless earbud option.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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