OMG, Kimi's open-source model is matching or even surpassing Fable and GPT5.6 Sol on many benchmarks. Looks like it's really 'East rising, West falling' now. Feels like the valuation of Western model companies is way overhyped—Anthropic and OpenAI are valued in the trillions, while Kimi is currently raising funds at a $30B valuation...