Moonshot AI's Kimi K3 open-sourced; South Korea mulls 20% cap on leveraged stock trading; Lei Jun's Xiaomi gains from Changxin Technology IPO
Moonshot AI
Microsoft
Hugging Face
OpenAI
Anthropic
Moonshot AI open-sourced its Kimi K3 model on July 27-28. South Korea is considering limiting individual leveraged stock investment to 20% of total financial investment products after KOSPI plunged. Xiaomi's subsidiary netted 736 million yuan from Changxin Technology's IPO, but a Xiaomi executive said it should not be conflated with personal wealth.
On the evening of July 27, Moonshot AI released and open-sourced its Kimi K3 model. South Korea's financial regulator is considering a rule to cap individual leveraged stock investment at 20% of total financial investment products, following a sharp decline in the KOSPI index. Xiaomi's wholly-owned subsidiary, Wuhan Yibayiyiqi Enterprise Management Co., made a paper profit of 736 million yuan from strategic placement in Changxin Technology's IPO, but Xiaomi executive Xu Jieyun clarified it is a corporate investment, not personal wealth. Changxin Technology surged 465.82% on its first trading day, becoming the most valuable A-share company. Additionally, the Ministry of Industry and Information Technology launched an IPv6 upgrade campaign for AI large models, and Microsoft AI released a cybersecurity model MAI-Cyber-1-Flash with 95.95% vulnerability detection performance and 50% cost reduction.
- Сокращения
- KOSPI = Korea Composite Stock Price Index — Корейский композитный фондовый индекс
- IPO = Initial Public Offering — Первичное публичное размещение
- IPv6 = Internet Protocol version 6 — Протокол Интернета версии 6
Source: 36Kr —
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