Kimi K1.5 Released
Narrative
Multimodal reasoning model matching OpenAI o1 performance. Reinforcement learning with long chain-of-thought. 128K context. Free to use.
Reality
Competitive on math and coding benchmarks versus o1. Demonstrated RL scaling for long-context reasoning. Positioned Moonshot as serious contender from China alongside DeepSeek.
Implication
Established Moonshot AI as China's second major open-source AI lab after DeepSeek. Proved RL-based reasoning could be achieved without massive proprietary infrastructure. Raised Moonshot valuation to $3.3B.