Latest / Rigatoni Capital Podcast
Kimi K3 Spooks Tech, But This Could Actually Be Bullish for the Hyperscalers
Tech got spooked by the Kimi's new K3 headline, the open source Chinese model out of Moonshot that is benchmarking competitive with the frontier labs, and it feels eerily similar to the DeepSeek scare.
Markets sell off on uncertainty, and my read is this could end up being bullish. Open source is a positive for the broader economy, and I agree with the take that this is a dream scenario for the hyperscalers who become the orchestration layer for multiple models while squeezing more tokens out of existing infrastructure.
It also reinforces why I am suspicious that if there is an AI bubble, it…
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