Moonshot’s Kimi K3 is blamed for Friday panic as AI prices keep falling
TiernanRayTech · x · 2026-07-23
The post says Moonshot AI’s new Kimi K3 version helped trigger Friday’s market panic, and argues that AI capabilities once marketed as miraculous are becoming easier to replicate.
The author expects that as models commoditize, prices for AI services will keep falling. They downplay the alarmism, saying this looks like a normal industry development rather than a catastrophe, even if it pressures overvalued companies.
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