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Family Offices Build Stake in Miner After Stock Soars 900%

For decades, the risky world of early-stage mining ventures was the playground of institutional funds and commodity trading houses. But after a more than 900% rally in a little-known Canadian potash developer last year, a new class of investors is moving in: family offices.

Jean-Sebastien Jacquetin Source: Cavendish Investment Corp.
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Devoted Gamer’s Fortune Soars to $3.5 Billion on MiniMax IPO

Chinese startup MiniMax Group Ltd. spent its first three years largely on the sidelines of the generative-AI boom. As rivals chased local ChatGPT clones, the Shanghai-based team tackled a harder problem: building a single model capable of processing text, speech and video.

Yan Junjie in Hong Kong on Jan. 9. Photographer: Lam Yik/Bloomberg
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Couple Rakes in $9 Billion as AI Circuit Board Shares Soar 530%

When Nvidia Corp. Chief Executive Officer Jensen Huang hosted a private banquet for suppliers in Taiwan in May, the room was packed with some of the biggest names in global electronics. The chairmen of Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co. were there, surrounded by a sea of local manufacturing titans.

Chen Tao, standing back row far left, with Jensen Huang at a dinner event in Taipei on May 17.
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