Semafor — Kimi K3 threatens AI business models, not AI compute

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Semafor — Kimi K3 threatens AI business models, not AI compute

· Semafor (Reed Albergotti)

Source: View source · Semafor (Reed Albergotti) · web

Why it's worth your time

The sharpest frame on the K3 scare: the distillation pattern (US frontier labs innovate, Chinese labs distill and open-source it) attacks closed-lab margins — while running K3's 2.8T parameters still takes millions of dollars of Nvidia GPUs. The threat is to the monetization layer, not the silicon.

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