Kimi K2 Thinking has continued the remarkable trend of Chinese Open-Source AI besting or equalling the Western closed source models investors are pouring hundreds of billions of dollars into.
OpenAI floated the idea of a government guarantee for its debt, but then backtracked when the idea was badly received. It’s inked deals to build $1.4 trillion in infrastructure. Where’s the money going to come from? It’s revenue is expected to be $20 billion in 2025; that’s just 1.43% of that debt.
OpenAI says they have the potential to earn hundreds of billions a year, but where are the consumers who want to give them that amount of money? At every turn Chinese Open-Source models can do what they do, for a tiny fraction of the cost.
And didn’t “OpenAI” try to justify this horseshit by complaining about Chinese open source models somehow stealing the tech of their closed source models?
Well yes, and I think it’s probably true, you can use one model to train another, effectively cloning it. It seems like it’s much more expensive to make the first round of good models. Part of the argument could be that openai/anthropic are actually still driving the frontier, developing the researchers and expertise to do that, and continuing to innovate the tech