MiniMax is prioritizing technology scaling over near-term profits, according to COO Yeyi Yun, who says the AI startup can move faster than giants like Alibaba Group and ByteDance due to lean operations. The company plans to expand its workforce to around 600 employees by year-end, a significant increase from its current size.

Investors are questioning MiniMax's $40 billion valuation given its limited headcount and lack of profitability. The debate intensified after the company's market value surged despite minimal revenue generation. Meanwhile, Delivery Hero posted 2025 free cash flow of 250 million euros, beating consensus estimates of 201 million euros and signaling strong financial health in the competitive food delivery sector.

In robotics, Unitree achieved a 60% gross margin and 37% adjusted profit margin on humanoid robots priced at 168,000 yuan, suggesting room for price cuts that could widen the gap between industry leaders and laggards. Morgan Stanley analysts predict that robot 'brains' will become the key differentiator in 2026, with models learning real-world physics from video data emerging as crucial for future competitiveness.