MiniMax CEO vows to forgo salary until AGI is achieved
Yan Junjie, the head of the Chinese artificial intelligence company MiniMax, announced he is pausing his salary until the firm attains artificial general intelligence (AGI). Additionally, he committed to gifting a portion of his equity to staff members and backing open-source AI projects. This decision follows a period where MiniMax's valuation has dropped by approximately 80% since its high point in March.