What is Kimi? A Comprehensive Analysis of AI-Related Assets and Their Benefits Explained

Observations on AI Applications: Kimi Smart Assistant Sparks Market Excitement

On March 20, the AI applications sector experienced a significant surge. Reports indicate that related areas such as the Sora concept, multimodal AI, and virtual digital beings saw notable increases. Kimi concept stocks set off a wave of price jumps, with companies like Huace Film & TV and Haitian Ruisheng reaching their price limits. On the same day, topics like "Kimi concept stocks soar" quickly climbed the trending charts on Weibo.

Analysts highlight that as AI multimodal models continue to advance, industries such as media, marketing, and gaming are likely to see a reduction in operational costs, a significant boost in efficiency, and expanded business opportunities.

Introduction to Kimi Smart Assistant

Kimi, launched by Moonshot AI in October 2023, is an innovative smart assistant designed for professional academic paper translation, legal analysis, and rapid interpretation of AAPI development documents. As the world's first smart assistant capable of processing up to 200,000 Chinese characters, Kimi has commenced a lossless contextual beta test covering 2 million characters.

Founded in March 2023, Moonshot AI's team comprises veterans involved in the development of prominent models like Google Gemini and Google Bard. Its core technology has been widely adopted in leading products such as Google PaLM, Meta LLaMa, and Stable Diffusion.

Key Features of Kimi

Kimi boasts six primary functionalities: long text summarization and generation, online searching, data processing, code writing, user interaction, and translation.

How Kimi Drives Market Changes

On March 18, Moonshot AI announced via its WeChat account, "Moonshot AI," that Kimi had entered the beta phase for lossless context processing with a capacity of 2 million Chinese characters, overcoming previous limitations in long text window technology. Data shows that Kimi's efficiency ranking soared from 436th on January 14 to 11th by March 19. In comparison, the unreleased GPT-4.5 Turbo model has a context window of 256,000 tokens, while Kimi has achieved ten times that capacity after its recent upgrades.

Pacific Securities emphasizes that ongoing innovation in AI models will significantly support the development of applications, attracting considerable user attention and facilitating future monetization and updates. Tianfeng Securities notes that the improvement in Kimi's long text processing capabilities will help expand and enhance complex application scenarios within the competitive large model market.

Industries Benefiting from AI Advancements

Tianfeng Securities believes that improvements in long text processing will benefit text-based AI applications in China. Minsheng Securities highlights that the ongoing iteration of domestic models and the introduction of multimodal models will enhance applications, especially in the content sectors such as film, short videos, and gaming. Kaiyuan Securities points out that ongoing breakthroughs in AI technology and commercialization can significantly reduce costs in advertising, educational materials, and film production.

Companies Poised to Benefit

- AI + Film: Huace Film & TV, Shanghai Film Group, Light Chaser Animation, Jiechung Holdings, Zhihu Technology.

- AI + Marketing/Media: Gravity Media, Insight Group, BlueFocus Communication Group.

- AI + Education: Shengtong Holdings, Century Tianhong, Southern Media Group.

- AI + Gaming: Perfect World, Gigabyte Technology, Tencent Holdings, NetEase, Shengtian Network.

The rise of Kimi not only signifies technological advancements but also presents new opportunities for the future development of related industries.