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Alibaba
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Situations
Kimi K3 sparks AI rivalry, valuation surge, hardware race
11 clusters · 500 sources · last updated
Latest: Moonshot AI's Kimi K3 open-source model drives $35B valuation and hardware race
By late July 2026 Moonshot AI’s Kimi K3 was the world’s largest publicly downloadable open‑weight LLM (2.8 trillion parameters, 1.4 TB compressed) built as a sparse Mixture‑of‑Experts system with a one‑million‑token cont
Chinese brokerage wealth management push
2 clusters · 18 sources · last updated
Latest: Zhongji Xuchuang’s HK IPO Raises HK$5.34 bn Amid Chip‑Sector Rally
In late June, Chinese brokerage firms began luring new clients with short‑term wealth products promising annual returns of up to 8.2%. By the end of July, the same firms were reporting a solid profit advantage and an opt