Kimi

OpenAI and Kimi are fighting the second half of the AI coding war

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The barrier is falling Until 2024, training a usable coding base model cost tens of millions of dollars in corpus cleaning and pretraining. Today, with Meta’s Llama 3, Kimi and DeepSeek open models, general code ability has been commoditised. A startup no longer reinvents the wheel: take a strong open base, feed cleaned code and … Read more

Alibaba’s AI investment spree: can a portfolio of bets rebuild the ‘Alibaba system’?

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Alibaba’s AI investing has become a structure: model companies return equity value, rising compute demand feeds Alibaba Cloud orders, and a memory bottleneck is met with an upstream stake. It resembles the group’s old playbook, except today it backs interdependent, sometimes competing, firms. The history is consistent. A 2017 DAMO Academy with a 15 billion … Read more