Latest news with #V3
Deccan Herald
19 hours ago
- Business
- Deccan Herald
Moonshot AI goes open-source to regain market position
Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic market. The model, called Kimi K2, features enhanced coding capabilities and excels at general agent tasks and tool integration, allowing it to break down complex tasks more effectively, the company said in a statement. Moonshot claimed the model outperforms mainstream open-source models in some areas, including DeepSeek's V3, and rival capabilities of leading U.S. models such as those from Anthropic in certain functions such as coding. The release follows a trend among Chinese companies toward open-sourcing AI models, contrasting with many U.S. tech giants like OpenAI and Google that keep their most advanced AI models proprietary. Some American firms, including Meta Platforms , have also released open-source models. Open-sourcing allows developers to showcase their technological capabilities and expand developer communities as well as their global influence, a strategy likely to help China counter U.S. efforts to limit Beijing's tech progress.
Los Angeles Times
19 hours ago
- Business
- Los Angeles Times
Canva's CCO Rob Giglio on Business Growth and the Future of Work
Canva is growing fast in the business world and it's down to two things: new 'doc types' and business features, according to Chief Customer Officer Rob Giglio. Giglio says Canva Sheets and Canva AI are allowing users to create different types of content like whiteboards, documents, presentations and social media posts in one place. This is streamlining workflows for companies. 'Canva has introduced the kind of features that businesses expect and need, like Single Sign-On (SSO), brand kits, user provisioning and approval workflows,' said Giglio. 'These factors are really driving [Canva's] adoption into businesses.' Canva's AI is broad, going beyond text prompts. Giglio said Canva AI uses multiple models for different experiences, citing the popular background remover as an example. Other AI features include text generation, whiteboards to presentations, language translation, image scaling and video creation via Google's V3. Canva Code even allows users to build widgets and interactive experiences via text prompts. Looking forward, Giglio is most excited about product innovation around marketing and sales workflows. He says Canva Sheets is making the entire marketing process from creation to analysis better, with the recent acquisition of Magic Brief for content performance data. Video editing is another area of focus, with increasing adoption for social media and marketing. 'We like to think of it as where creativity and productivity meet,' Giglio said, highlighting Canva's broad but effective features for different business functions. Finally, Giglio said Canva is committed to the future workforce. He noted that AI, cloud platforms and multi-device access are now expected by the next generation entering the workforce and Canva wants to be the platform of choice as businesses adapt to these changing demands.
The Hindu
2 days ago
- Business
- The Hindu
China's Moonshot AI releases open-source model to reclaim market position
Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic market. The model, called Kimi K2, features enhanced coding capabilities and excels at general agent tasks and tool integration, allowing it to break down complex tasks more effectively, the company said in a statement. Moonshot claimed the model outperforms mainstream open-source models in some areas, including DeepSeek's V3, and rival capabilities of leading U.S. models such as those from Anthropic in certain functions such as coding. The release follows a trend among Chinese companies toward open-sourcing AI models, contrasting with many U.S. tech giants like OpenAI and Google that keep their most advanced AI models proprietary. Some American firms, including Meta Platforms , have also released open-source models. Open-sourcing allows developers to showcase their technological capabilities and expand developer communities as well as their global influence, a strategy likely to help China counter U.S. efforts to limit Beijing's tech progress. Other Chinese companies that have released open-source models include DeepSeek, Alibaba, Tencent and Baidu. Founded in 2023 by Tsinghua University graduate Yang Zhilin, Moonshot is among China's prominent AI startups and is backed by internet giants including Alibaba. The company gained prominence in 2024 when users flocked to its platform for its long-text analysis capabilities and AI search functions. However, its standing has declined this year following DeepSeek's release of low-cost models, including the R1 model launched in January that disrupted the global AI industry. Moonshot's Kimi application ranked third in monthly active users last August but dropped to seventh place by June, according to a Chinese website that tracks AI products.
Indian Express
4 days ago
- Business
- Indian Express
China's Moonshot AI releases open-source model to reclaim market position
Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic market. The model, called Kimi K2, features enhanced coding capabilities and excels at general agent tasks and tool integration, allowing it to break down complex tasks more effectively, the company said in a statement. Moonshot claimed the model outperforms mainstream open-source models in some areas, including DeepSeek's V3, and rival capabilities of leading U.S. models such as those from Anthropic in certain functions such as coding. The release follows a trend among Chinese companies toward open-sourcing AI models, contrasting with many U.S. tech giants like OpenAI and Google that keep their most advanced AI models proprietary. Some American firms, including Meta Platforms , have also released open-source models. Open-sourcing allows developers to showcase their technological capabilities and expand developer communities as well as their global influence, a strategy likely to help China counter U.S. efforts to limit Beijing's tech progress. Other Chinese companies that have released open-source models include DeepSeek, Alibaba, Tencent and Baidu. Founded in 2023 by Tsinghua University graduate Yang Zhilin, Moonshot is among China's prominent AI startups and is backed by internet giants including Alibaba. The company gained prominence in 2024 when users flocked to its platform for its long-text analysis capabilities and AI search functions. However, its standing has declined this year following DeepSeek's release of low-cost models, including the R1 model launched in January that disrupted the global AI industry. Moonshot's Kimi application ranked third in monthly active users last August but dropped to seventh place by June, according to a Chinese website that tracks AI products.
Time of India
5 days ago
- Business
- Time of India
China's Moonshot AI releases open-source model to reclaim market position
Academy Empower your mind, elevate your skills Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic model, called Kimi K2 , features enhanced coding capabilities and excels at general agent tasks and tool integration, allowing it to break down complex tasks more effectively, the company said in a claimed the model outperforms mainstream open-source models in some areas, including DeepSeek's V3, and rival capabilities of leading U.S. models such as those from Anthropic in certain functions such as release follows a trend among Chinese companies toward open-sourcing AI models, contrasting with many U.S. tech giants like OpenAI and Google that keep their most advanced AI models proprietary. Some American firms, including Meta Platforms, have also released open-source allows developers to showcase their technological capabilities and expand developer communities as well as their global influence, a strategy likely to help China counter U.S. efforts to limit Beijing's tech Chinese companies that have released open-source models include DeepSeek, Alibaba, Tencent and in 2023 by Tsinghua University graduate Yang Zhilin, Moonshot is among China's prominent AI startups and is backed by internet giants including company gained prominence in 2024 when users flocked to its platform for its long-text analysis capabilities and AI search its standing has declined this year following DeepSeek's release of low-cost models, including the R1 model launched in January that disrupted the global AI Kimi application ranked third in monthly active users last August but dropped to seventh place by June, according to a Chinese website that tracks AI products.
