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不过，盈利拐点尚未真正出现。2025年其经调整净亏损2.5亿美元，较2024年的2.44亿美元仍小幅扩大。尽管规模效应正在释放，但尚未转化为可观的净利润。对MiniMax而言，接下来的关键，不是单纯维持高增速，更在于优化成本结构，在扩大规模的同时提升毛利率水平，并最终实现盈利。
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Ten major tech publications lost a combined 65 million monthly Google visits between their peaks and January 2026. Four lost over 85% of their traffic. The same pattern appears in personal finance (NerdWallet, -73%) and health publishing (Healthline, -50%). The steepest declines coincide with the expansion of AI Overviews, increased Reddit rankings for commercial keywords, and growing use of AI assistants for product research.
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В Финляндии предупредили об опасном шаге ЕС против России09:28