Chinese startup Moonshot AI released Kimi K3, a 2.8-trillion-parameter AI model that generates GPU CUDA kernels 14.82 times faster than optimized PyTorch code. Kimi K3 nearly matches top US models like Anthropic’s Claude Opus 4.8 in performance and introduces innovations like Kimi Delta Attention and a high Mixture of Experts approach to handle large-scale data efficiently. The model supports a massive 1 million token context window and will have its full weights released soon, making it one of the largest open-weight models. Its competitive API pricing also positions it as a cost-effective alternative in the AI GPU optimization race.
Business Development Companies (BDCs) have shown resilience by bouncing back from recent lows, with estimated sector returns of 3% to 4% for Q2. Concerns over a 'SaaSpocalypse' are easing as investors recognize the stability of established software f...
Crypto.com received a $400 million strategic investment from Citadel Securities, marking its first institutional funding and valuing the company at $200 billion. The announcement caused a strong initial rally in the Cronos (CRO) token price, but tech...
Yum China is rated Hold due to limited valuation upside of around 5%, supported by a fair forward earnings multiple of 13–15x. The recent acquisition of Pizza Hut China is seen as strategically positive, enabling menu localization, cost synergies, an...
Virtuals Protocol's AI agents, numbering over 2,100, are now discoverable on Binance Wallet's Meme Rush feature following integration with Robinhood Chain, an AI-focused Layer 2 blockchain. Since Robinhood Chain's mainnet launch on July 1, these agen...
BNB Chain has become the largest blockchain hosting Franklin Templeton's Benji tokenization platform assets, with about $1.5 billion recorded, representing 61.71% of the platform's distributed asset value. This marks a significant shift from Stellar,...
