月之暗面（Kimi）：警惕冒用公司名义虚假融资，不存在所谓「朋友基金」或「特殊通道」
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Github Copilot integrates the open-source model Kimi K2.7.
According to Mars Finance, Dark Side of the Moon announced that Github Copilot has integrated its first open-source model, Kimi K2.7.
Anthropic included the Kimi K2.7 alongside Opus 4.8 and GPT-5.5 in its joint security testing.
Mars Finance reported on July 1st that Silicon Valley AI giant Anthropic announced the lifting of export controls on its advanced models Fable 5 and Mythos 5. In its updated security technical notes, Anthropic also included China's Kimi K2.7 alongside Claude Opus 4.8 and GPT-5.5 in a core security capability assessment. The report indicates that in security testing, Kimi K2.7, GPT-5.5, and Opus 4.8 all successfully identified the same core vulnerability. In demonstration tasks involving a single vulnerability exploit, Kimi K2.7 yielded results consistent with Fable 5. (Wide Angle Observation)
Data: Hakimi's market capitalization briefly exceeded $17 million, a 24-hour increase of over 50%.
According to Mars Finance and GMGN market data, the market capitalization of BSC chain Meme coin Hakimi briefly exceeded $17 million before falling back to approximately $16 million, representing a 24-hour increase of over 50%. Meme coin price volatility is primarily driven by market sentiment and speculative hype, lacking clear practical applications; investors should be aware of the associated risks.
Exclusive | Kimi's valuation rises to $31.5 billion; ARR surpasses $300 million; Revenue curve shows early characteristics of Anthropic.
According to Mars Finance, a reporter from the Science and Technology Innovation Board Daily has exclusively learned that Kimi, the company behind the "Dark Side of the Moon," recently completed its previous $20 billion valuation funding round, and a new round of financing has already begun, with its pre-investment valuation rising to $31.5 billion. According to sources close to Kimi, the company disclosed its latest revenue data during this round of financing discussions: in mid-June, its ARR (Annual Recurring Revenue) exceeded $300 million. Kimi's revenue growth in this round is mainly driven by increased developer usage due to model iterations and increased API revenue. Currently, API revenue accounts for more than 70% of Kimi's total revenue and continues to rise. Kimi's revenue curve is beginning to show characteristics of Anthropic's early commercialization stage: increased developer usage, a higher proportion of API usage, growth in overseas paying users, and an upward shift in the pricing structure driven by model capability iterations. (Reporter: Li Mingming, Science and Technology Innovation Board Daily)
Kimi's B-end head: The AI industry has a bubble but solid fundamentals; API price increases stem from computing power shortages.
According to ChainCatcher, citing 21st Century Business Herald, Huang Zhenxin, head of the B2B division at Moonshot AI's Kimi, stated at a recent communication meeting that while there is indeed a bubble in the AI industry, its fundamentals are very solid. Enterprises can now clearly calculate their return on investment (ROI), and AI has brought about a substantial qualitative change in productivity. Regarding the recent widespread price increases by model vendors, Huang Zhenxin pointed out that the core reason is the rising global computing power costs and the inability of chip production capacity to meet the explosive growth in token demand. He emphasized that evaluating the cost-effectiveness of a model should not only consider the unit price of inputs and outputs, but should focus on the cache hit rate. It is understood that Kimi's original cache hit rate has reached over 90%, significantly reducing actual computing costs. Furthermore, Huang Zhenxin revealed that Kimi will continue to challenge underlying architectural innovation to perpetuate the Scaling Law, and its Muon optimizer, which was first validated on a large scale, is now widely used by many mainstream large-scale models in the industry. Regarding the "last mile" of enterprise AI implementation, he believes that as the basic capabilities of models continue to improve, the technical paradigm of the application layer will also continue to simplify.
Kimi B2B Head Huang Zhenxin: There's definitely a bubble in the industry, but the fundamentals are very solid.
According to Mars Finance, "All model manufacturers have been raising prices this year, primarily due to the rising cost of computing power globally. Whether it's overseas or domestic cards, they can't keep up with the growth in token demand," Huang Zhenxin, head of B2B at Kimi, a subsidiary of Lunar Dark Side, frankly stated at a recent media briefing. Downstream companies are experiencing explosive growth in AI application demand, while upstream computing power supply remains tight due to chip production capacity constraints. He believes that under the dual pressure from both supply and demand, rising API prices are inevitable. He also addressed concerns about an industry bubble. "There is definitely a bubble now," he admitted, but then added, "Anthropic has already achieved quarterly profitability; the gains are real." While a bubble exists, the fundamentals are not hollow. When productivity truly undergoes a qualitative change, companies that can make the calculations sound will continue to invest, which is a sign of a healthy industry. (21st Century Business Herald)