Kimi CEO says token efficiency, not more data, is the new edge for Kimi 3

HowDevelop · x · 2026-07-21

Kimi CEO Zhilin Yang says the new edge is not more data, but getting more intelligence out of each token. - He argues the data frontier is mostly gone, so the winning strategy is token efficiency: “2x the intelligence from every token.” - The talk frames Kimi 3 around simplicity, cutting unnecessary complexity, and a new optimizer-free direction that reportedly ran on 15T tokens without instability spikes. - Yang also says model “taste” matters, calling it the frontier most labs are not building for.

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