Financial Services Association, March 21 (Editor Zhou Ying). Recently, due to the Kimi fire under Dark Side of the Moon, judging from the reaction of the capital market, capital is also feverishly pouring into related concept stocks. The agency believes that Kimi's “long text” label is gradually being strengthened, surpassing big foreign models, and related companies are expected to benefit.

The Kimi concept continues to skyrocket

On March 18, Dark Side of the Moon announced on its WeChat account “Moonshot AI” that Kimi's smart assistant has launched a 2 million word lossless contextual closed beta. Kimi Chat is growing strongly, and the new version's enhanced capabilities further open up future market space. According to Similarweb data, the latest peak of Kimi Chat's web data reached 346,000. According to the AI product list, Kimi Chat ranked third in the domestic ranking in February, after Wenxin's words and Tongyi's thousand questions, and ranked first in the global growth rate list in February.

Judging from the reaction of the capital market, capital is also feverishly pouring into related concept stocks. Following the rise and fall of Kimi concept stocks yesterday, Kimi Concept continues to skyrocket today. Among them, the leading stock company Huace Film and Television went up and down today after rising and stopping at 20cm yesterday. Furthermore, as of press release, Reader Culture has risen and stopped by 20cm, Jebsen shares have surged nearly 14%, and many other stocks such as City Media, Shifeng Culture, and Palm Reading Technology have risen and stopped.

According to data, Moonshot AI (Moonshot AI) was founded on April 17, 2023. The founder Yang Zhilin is a Tsinghua school bully. The company just completed the latest round of financing of 1 billion US dollars in February, with a post-investment valuation of 2.5 billion US dollars.

In fact, globally, big model technology is developing at an unprecedented rate, becoming the focus of the field of artificial intelligence. From Silicon Valley on the other side of the ocean to domestically, technology companies and research institutes are vying to explore the endless possibilities in this field.

For example, in January 2024, Zhi Spectrum AI officially launched the GLM-4, a next-generation base model. The overall performance was greatly improved compared to the previous generation. The GLM-4 can support a context window length of 128k, which is comparable to GPT-4 Turbo, and also has stronger multi-modal capabilities. The effect exceeds that of the open source SD model, and is close to DALLE-3.

Listed companies related to this have also been chased by capital. For example, TV Media also invested in Tsinghua-based Smart Spectrum AI through Dachen Caizhi. Previously, the stock price won 4 consecutive shares.

Kimi's “long text” label gradually strengthens partnerships with these listed companies

Shen Wan Hongyuan said that on March 18, Dark Side of the Moon announced its AI product, Kimi, which has achieved a new breakthrough in large model long context window technology. Kimi's smart assistant already supports 2 million characters of ultra-long non-destructive context, and the product's internal testing will begin now. According to Shen Wan Hongyuan's evaluation, the Chinese large model Kimi's text ability (Chinese and English generation ability) has fully reached the GPT-4 level, although there is still a gap in logical reasoning ability, and the main focus is text generation, and currently has no multi-modal ability; Cluade 3's ability to generate, understand, and reason in Chinese and English, and understand multi-modal images is close to GPT-4. The effect is better than Gemini, and the generation speed is faster than GPT-4 and Gemini in actual use.

According to Western Securities analysts, Kimi's “long text” label is gradually being strengthened, surpassing big foreign models. Currently, in leading foreign models, the GPT-4 Turbo context window is 128,000 tokens; Gemini1.5 and Claude3 support 1 million tokens contexts. One kanji is usually equivalent to 1 to 2 tokens, which means the Kimi context window is more than twice that of Gemini 1.5 and Claude 3.

Huajin Securities said that the major upgrade in long text capabilities is expected to catalyze the implementation of AI applications and deeply empower new types of productivity. The ability to process 2 million words of text information at one time is second to none in the field of AI. In a context where new quality productivity is being promoted and vigorously developed, Kimi may provide enterprises with strong data analysis support, optimize production processes, and improve the quality of decision-making, thereby promoting the intelligent upgrading of the industry.

Galaxy Securities believes that in the first year of AI application in 2024, there are two conditions: 1. The large model is ready for use: This can be seen from Kimi users' rave reviews. 2. The large model is accessible to the public: Kimi is currently open for use by the whole community. The Kimi smart assistant is another “milestone” in the AGI process, announcing that the big model has officially entered the “long text era”. Galaxy Securities said it remains firm that 2024 will be the first year of AI applications, and the commercialization process on the application side will continue to accelerate.

Currently, Dark Side of the Moon is not listed yet, but there are quite a few A-share companies associated with it. Jiu'an Medical and Shenzhenfu have joined the company. Huace Film and Television and Palm Reading Technology have business cooperation with it, and Haitian Ruisheng is its service provider.

The following is a summary of the listed companies associated with Kimi by the Financial Federation: