no

The older Kimi K models (2.5 and 2.6) weren't bad for the time, but all of their models have had problems with overthinking. This also makes them significantly more expensive in practice than their pricing suggests, since they produce way more output (reasoning) tokens than most other models. Anecdotally, I've also had problems with all the pre-K3 models thinking themselves in circles trying to solve very simple problems that other models didn't struggle with. (I haven't played with K3 much because it's just too expensive.)

For me, it is the opposite. It may be slower but it follows the rules better and makes less stupid mistakes, it takes less time to merge the solution.

I have the opposite impression. I find K3 to be extremely capable at full-stack work; its UI design skills are great. I'd love to use it more, but the quota on Kimi's plans is abysmal. I wonder if these new models improve that.

Yep, and often actually very expensive to use. More expensive than the frontier models because there's no realistic coding plan.

[dead]

<thinking>

Your question is vague and you didn't explain your point of confusion but consider the fact that securities laws are not fungible between nations.

first time? Welcome to the irrational SV investor world. Its about hype, perception, politics, perceived future returns, not actual market fit and the proven viability of a technology. Its pets.com, myspace, and NVIDIA pumps because people want to 10x the money now.

Everyone and their dog has been saying its a bubble, there is no moat, this is all known techniques being scaled (very inefficiently) onto increasingly expensive hardware clusters at exponential cost, etc.

Saturday is Friday when you work 996.

It's Saturday in China.

Never deploy to prod on Friday.

This probably doesn't move the frontier, it just sits at the current frontier (opus 5.5).

Chinese models never agreed to the pacing anyway lol.

"We must start a cartel with Google, Meta, and OpenAI"