
nafi
4.5K posts
















Kimi K3 may be the DeepSeek 2.0 moment. The benchmark results are out, and they are outstanding. And they proof one thing very clearly. I believe this is the DeepSeek 2.0 moment. Does that sound like an exaggeration? At first glance, perhaps. The benchmarks still need to prove themselves in real-world use. But one thing already seems clear: Kimi K3 is ahead of Opus 4.8 and, broadly speaking, just behind GPT-5.6 and Fable 5. Opus 4.8 was released at the end of May, specifically on May 26, roughly a month and a half ago. Kimi K3 generally outperforms Opus 4.8. That effectively disproves the claim that Chinese open source models consistently trail US closed source models by six to eight months. Of course, most users will continue to choose the very best model available, and I do not expect millions of people to cancel their ChatGPT subscriptions overnight. However, Kimi K3 makes one thing abundantly clear: the US lead is continuing to shrink. Despite sanctions, Chinese AI labs are succeeding in training increasingly capable models. Whether reinforcement learning or distillation is the primary reason, I cannot say. But Kimi K3 demonstrates to the world that a turning point may be approaching. China is steadily moving toward technological parity. The statement by the founder of Zhipu AI should also attract attention: the company says it plans to release a GLM model in the Mythos class by the end of the year. Kimi K3 is not Fable, and it is not Mythos. But it is already very close to the leading Western state-of-the-art models. That is highly significant.


Scoop: Talk has begun circulating around town that the White House may be considering a possible executive order on open-source AI, sparked by fears about Chinese dominance, nine people familiar told me, @BrendanBordelon, @delizanickel and @meredithllee









US Housing: 9 of the 20 major cities saw prices fall over the past year and the overall YoY increase is at its lowest level in 3 years. The most unaffordable housing market in history is cooling. Video: youtube.com/watch?v=6Spz0W…

BREAKING: FIFA’s Gianni Infantino has said FIFA will examine expanding the World Cup by a further 16 nations to a 64-team tournament ahead of its next edition in 2030, per NYT

Now, Class, repeat after me. I will never buy cyclicals at low PEs and record earnings. Say it again. I will never buy cyclicals at low PEs and record earnings.



