MiniMax, an AI large-scale model company, has seen its market capitalization surpass that of Baidu following a significant stock price increase. On March 10, MiniMax's stock surged over 22%, elevating its market cap to HK$382.64 billion, compared to Baidu's HK$332.22 billion. The company's founder and CEO, Yan Junjie, has a notable connection to Baidu, having interned there and received the second Baidu Scholarship. This milestone marks a significant achievement for MiniMax, highlighting its rapid growth and market impact.