
Engageware: The Future of Agentic AI in Financial Services | Money20/20 USA
Financial IT
AI just took a massive leap — and this time, it’s not from OpenAI or Anthropic. China’s startup MiniMax has released MiniMax M2, an open-weight, agentic AI model that can plan, execute, and use tools completely on its own. With 230B total parameters and 10B active, M2 rivals GPT-5 and Claude Sonnet 4.5 — yet it runs efficiently on just four H100 GPUs. Even crazier? It’s released under the MIT License, meaning it’s fully open for commercial use and available right now on Hugging Face, GitHub, and ModelScope. Meanwhile, Cursor’s new AI model, Composer, is changing how developers code — executing complex tasks in seconds and powering a new multi-agent system where up to eight AIs code together. And IBM is going small and smart with Granite 4.0 Nano, a new family of compact models that run locally on laptops and browsers — no cloud required. This isn’t just competition — it’s a paradigm shift. From open agentic systems to AI that codes itself, to models that live on your own device… The future of AI is no longer locked inside Big Tech. 🔍 Timestamps 00:00 Intro 00:27 minimax-m2 01:15 Cursor Composer launch 01:50 ibm granite 4.0 nano 💬 Join the Discussion What do you think — is open, efficient AI the future? Drop your thoughts below 👇