The Kimi K3 model has been released with 2.8 trillion parameters, reportedly surprising major tech companies in Silicon Valley. This development follows a strong inflow of funds into Shanghai-listed ETFs, with a total net inflow of 293.1 billion yuan since July, primarily driven by equity ETFs. In other news, BOE Technology Group's controlling shareholder plans to increase its stake in the company by 500 million to 1 billion yuan within the next six months. AI
IMPACT Sets a new benchmark for model scale, potentially driving further competition in large parameter models.
RANK_REASON Frontier-lab model release with system card. [lever_c_demoted from frontier_release: ic=1 ai=1.0]
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