Kimi K2 Makes Grok 4 Irrelevant?

Today, we’re looking at a major new AI release that’s flying under the radar plus some surprising moves from fintech, hardware giants, and social platforms.

In today’s post:

• Kimi K2 is insanely powerful and its sad no ones talking about it

• AI fintech Conpend just got a big boost

• Chinese tech firms scramble for Nvidia’s AI hardware

• NEXA unveils AI Lab to turn hype into business results

• Nextdoor gets an AI makeover

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Breakthrough

We ignored the first DeepSeek moment. Kimi K2 proves we shouldn’t ignore the second.

Moonshot AI’s new open model, Kimi K2, just made waves. But if you think this is just another benchmark win, you’re missing the point.

Here’s everything you need to know about this:

• Kimi K2 isn't just fast it's open, agentic, and permissively licensed.

• It leapfrogs DeepSeek V3 and rivals Claude 3.5 Sonnet in coding tasks.

• With 32B active parameters and 15.5T training tokens, it beats U.S. models on both performance and efficiency.

• China now has multiple labs at the modeling frontier HighFlyer, Qwen, Moonshot while the West scrambles.

• OpenAI delayed its own open-weight model release right after K2 launched, citing safety reviews.

• The narrative: Kimi didn’t cause the delay but it sure made OpenAI look reactive.

• With Claude-compatible APIs and rapid adoption on OpenRouter, Kimi K2 is already outpacing Grok 4.

Here’s what I think:

We’re watching the balance of AI power shift in real time. The West’s slow-footed approach to open research and funding is no longer just a policy debate — it’s a strategic disadvantage. If Kimi K2 doesn’t spark a reset, the next DeepSeek moment will hit even harder.

Fintech

Conpend gets the fuel for global expansion

Amsterdam based Conpend just secured a majority investment from Cape Investment Partners. The goal? Push AI deeper into global finance.

Here’s everything you need to know:

• Conpend builds AI tools that help banks automate trade finance and compliance.

• Their platform, TRADE AI, is already used by giants like ING and UniCredit.

• It turns messy documents into clean, structured data, fast.

• Cape Investment Partners, also from Amsterdam, is betting big on that potential.

• With fresh capital, Conpend plans to expand globally and speed up product development.

• CEO Marc Smith will stay on, backed by strategic and operational support from CIP.

• The deal’s size wasn’t disclosed, but the signal is clear: AI in finance is heating up.

Here’s what I think:

This isn’t just another funding round. It’s a sign that banks want AI that actually works, not just hype. If Conpend can keep delivering real utility, it’s positioned to lead the quiet revolution happening inside global finance teams.

NVIDIA

China’s AI race sparks Nvidia chip rush

Nvidia plans to resume sales of its H20 chips to China and demand is already exploding.

Here’s everything you need to know:

• The H20 chip was built for China, then banned by U.S. export controls in April.

• Now, Nvidia is filing for licenses to restart sales and expects approval soon.

• ByteDance, Tencent, and others are rushing to place orders ahead of a likely surge.

• Nvidia has created a “whitelist” system to manage which Chinese firms can buy.

• A new chip, the RTX Pro GPU, was also quietly unveiled to meet U.S. rules.

• Nvidia’s CEO Jensen Huang is in Beijing this week to brief media and attend a supply chain expo.

• This move comes as U.S.-China tech tensions ease slightly but long term uncertainty remains.

Here’s what I think:

This chip rush isn’t just about tech specs. It’s a scramble for supply chain security in a world where policy changes can halt innovation overnight. Chinese firms don’t want the best chip, they want the next chip that can actually ship.

Update

Nextdoor relaunches with local news, alerts and AI tips

Nextdoor just unveiled a total redesign. The new version adds real-time alerts, neighborhood news, and AI-powered recommendations.

Here’s everything you need to know:

• The app now features “Faves,” an AI tool trained on 15 years of local posts.

• Users can ask questions like “best park with a view?” and get instant, neighbor-sourced answers.

• Nextdoor partnered with 3,500 local publishers to surface headlines and updates inside the app.

• Real-time alerts for storms, outages, and wildfires now appear on a live neighborhood map.

• A new color-coded system flags alerts based on urgency, red takes over the whole screen.

• CEO Nirav Tolia says the goal is to move from “social network” to “utility network.”

• Businesses, schools, and orgs will soon have native presences, not just user content.

Here’s what I think:

This is the smartest move Nextdoor has made in years. AI and utility-based features give it a reason to exist beyond petty complaints and lost cat posts. If they can stay helpful, not noisy, they might just rebuild the trust they lost.

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