Arena

2026-07-20 12:33

Goldman Sachs: After Kimi K3 Release, Zhipu and MiniMax Plummet, Era of Compute Monopoly Faces End

According to TechFlow Research, Goldman Sachs' July 18 report pointed out that Moonshot AI released the Kimi K3 model, with 2.8 trillion parameters, surpassing Claude Fable 5 and GPT-5.6 Sol to top the Arena.ai coding leaderboard, with API pricing at $2.3 per million tokens setting a new high for Chinese models. Two days after the release, Zhipu AI fell 28%, MiniMax fell 16%, Nasdaq 100 index futures fell over 1.8%, and the Philadelphia Semiconductor Index cumulatively fell over 18% from highs. Goldman Sachs believes Kimi K3 marks a turning point: a Chinese lab unable to match the largest pre-training compute capacity in the West rapidly narrowed the gap with top US models through architectural innovation and reinforcement learning, proving that "scaling" is no longer the only winning path. Goldman Sachs warns that the "compute expansion era" may be ending, and the AI infrastructure investment logic built around "the more compute, the better" needs to be rewritten. Goldman Sachs maintains a Buy rating on MiniMax and Neutral on Zhipu AI. Future focus should be on the intensive launch of 2-5 trillion parameter models such as Zhipu GLM, Alibaba Qwen, and MiniMax M3 Pro.

Future Golem Moonshot Moonshot Moonshot Neutral

2026-07-17 21:51

Elon Musk frequently comments on domestic AI models: praises Kimi K3 model again as impressive

: Yesterday, Dark Side of the Moon (Moonshot AI) released its latest open-source AI model, Kimi K3. It ranked first on the Frontend Code Arena test website with a score of 1,679, surpassing the Claude Fable 5 model. Following an evaluation of the K3 model by Artifacial Analysis, Elon Musk once again praised the Kimi model from Dark Side of the Moon, stating that the K3 model's benchmark performance is impressive.In March of this year, when Kimi published the research paper "Attention Residuals: Rethinking the Aggregation of Depth Direction," it received praise from Musk, who said, "Kimi's research work is impressive." Previously, he also stated that the Zhipu GLM model could surpass the Claude Mythos model (i.e., Fable 5) by Q1 2027. In response, Zhipu founder Tang Jie replied, "It won't take that long."

Code Code Depth Golem Moon Moon

2026-07-17 20:22

David Sacks warns: Chinese AI model tops coding benchmark, US regulatory constraints may weaken AI competitiveness

Odaily Odaily News Former White House Crypto and AI Director David Sacks posted on X, stating that the Chinese AI model Kimi K3 has topped the Frontier Code Arena front-end coding benchmark for the first time, and has reached or approached industry-leading levels in several other benchmark evaluations. This trend is noteworthy. While China's AI capabilities are rapidly improving, the US is mired in internal strife due to regulatory controversies. He criticized some US politicians and regulatory bodies for restricting new data center construction, increasing state-level regulatory requirements, and promoting the establishment of new federal agencies for pre-approval of frontier AI models.David Sacks warned that if the US slows down innovation due to excessive regulation, it may lose its competitive edge in the global AI race. "The US won the internet era through permissionless innovation, and it can win the AI era the same way; otherwise, we will see our leading position gradually erode." While AI development still needs to address safety risks, regulation should be precise, not hinder technological innovation. His remarks have once again sparked discussion on AI regulation, computing infrastructure construction, and the competitive landscape between China and the US.

Code Code Frontier Permissionless

2026-07-08 19:35

Opinion: South Korea Has Yet to Truly Enter the Stablecoin Arena — The Question "Why Use It?" Must Be Answered First

According to Yoon Seung-sik, Head of Tiger Research, the Korean won stablecoin market currently lacks a real position. This is not due to a lack of potential, but because South Korea has yet to undergo sufficient market practice and discussion. Unlike the United States, which has experienced years of trial and error, regulation, and market evolution in the stablecoin space, related discussions in South Korea have only just begun. The country's financial infrastructure is already highly developed, and the real challenge lies in answering the question, "Why do consumers need to use a won stablecoin?"Yoon Seung-sik believes that the core keywords for the digital asset industry in the first half of this year are stablecoins, tokenization, and RWA. While AI Agents and DeFi hold long-term potential, they still have a considerable distance from large-scale implementation. In contrast, stablecoins and tokenization have accumulated a wealth of global practical cases, driving more institutions to accelerate their entry. It is expected that in the second half of the year, the digital asset market will continue to focus on regulatory progress, the actual implementation results of stablecoins and RWAs, as well as new narratives for the retail market. (Etoday)

ALLO entry Opinion RWA Inc. Tiger Research Xend Finance

2026-06-27 09:06

The New York Times: Meta Internally Tests Prediction Market App Arena, Potentially Integrating It into Facebook and Messenger

According to The New York Times, Meta is developing a prediction market application named Arena and exploring potential collaborations with platforms such as Polymarket and Kalshi. Targeting younger users, the product may be deeply integrated into the Facebook and Messenger ecosystems in the future.

Kalshi Market Polymarket

2026-06-27 08:24

Zuckerberg: Asks Meta to Explore Partnerships with Polymarket and Kalshi

Odaily Odaily reporter: Meta CEO Mark Zuckerberg has urged his subordinates to explore partnerships with prediction markets Polymarket and Kalshi. Meanwhile, Meta is developing a similar prediction market application called Arena.Executives said that Arena is currently in internal testing and may not be released in the future. The application will rely on points similar to those in video games, rather than accepting real money bets. Meta aims to attract at least 100 million monthly active users for the application and plans to eventually integrate some of Arena's features into Facebook and Messenger. (Reuters)

Kalshi Meanwhile Polymarket

2026-06-24 07:55

Meta to Launch Standalone Prediction Market App Arena

According to The New York Times, Meta CEO Mark Zuckerberg has instructed his team to develop an internal prediction market application codenamed “Arena,” which will operate independently of Facebook and Instagram.

Market

2026-06-19 11:59

Zhipu Founder Tang Jie: Open-Source Release of GLM-5.2 Will Gradually Narrow the Performance Gap with OpenAI and Anthropic

: Zhipu AI founder Tang Jie posted on the X platform, stating that since the official open-source release of GLM-5.2, it has achieved leading results in multiple international authoritative evaluations and competitive rankings. In the Artificial Analysis Intelligence Index comprehensive evaluation, GLM-5.2 scored 51 points, placing it in the same range as Anthropic's Claude Opus 4.8. In the Code Arena front-end code generation adversarial test, it ranked 2nd globally with an Elo of 1595, and in the DesignArena design and code integration scenario, it scored 1360 points, ranking 1st.Overall, Zhipu GLM-5.2 continues to rank among the top globally in real-world scenario evaluations across multiple areas, including front-end development, design generation, and software engineering. It is steadily narrowing the performance gap with cutting-edge models from OpenAI and Anthropic and will continue to push the upper limits of model capabilities.Previously, in response to Musk's statement that Chinese large models might reach Anthropic's Fable level by the first quarter of next year, Zhipu AI founder Tang Jie replied, "It won't take that long."

1st Code Code Golem Open Opus

2026-05-21 10:27

Decentralized card game fantasy.top will cease operations by the end of June.

The decentralized card game fantasy.top will cease operations by the end of June. The primary reason is that the long-term economic viability of the TCG (trading card game) model has revealed inherent limitations. Similar to other consumer-facing crypto products previously launched in this space—such as TopShot and Sorare—the trading volume has proven insufficient to sustain long-term operations. Over the past year, the team explored multiple product concepts and iterative directions within the social domain, yet none achieved lasting product-market fit. The main Fantasy tournaments will continue until June 18, after which all remaining rewards will be fully distributed and all Hero payouts completed. Additionally, the prediction market, prize pool, lobby, King of the Hill, Arena, Influence, and all associated gameplay features will cease operations starting May 21. Unused paid Arena tickets will be refunded.

fantasy.top Influence June Sorare

2026-05-18 18:08

HTX will launch ATWO (Arena Two) via initial listing today at 8:00 PM and simultaneously introduce isolated margin leveraged trading for the ATWO/USDT (10x) pair.

According to the HTX announcement, HTX has enabled ATWO deposits as of May 18 at 18:00 (GMT+8). ATWO/USDT spot trading and grid trading will go live on May 18 at 20:00 (GMT+8). ATWO withdrawals will be available starting May 19 at 20:00 (GMT+8). Additionally, HTX Margin Trading will introduce ATWO/USDT (10x) isolated-margin leveraged trading on May 18 at 20:00 (GMT+8). Arena Two is a decentralized interactive platform enabling fans to play an active, tokenized role in real-time event outcomes. Unlike traditional models that reduce fans to passive spectators, Arena Two leverages blockchain technology to allow fans to directly vote in real time—thereby influencing on-field outcomes.

Arena Two HTX STEPN Tether

2026-04-28 14:42

Bitget Launches Season 3 of the CFD King Battle, with a Total Prize Pool of 80,000 USDT

Bitget has launched Season 3 of the CFD King Battle, featuring a total prize pool of 80,000 USDT. This event includes three main sections: a Blind Box Zone, a Points Arena, and a Ranking Arena. During the event, both new and existing users can earn blind box rewards by completing designated CFD trading tasks daily, and have the chance to draw USDT cash vouchers. The prize pool has a 100% winning rate and operates on a "first come, first served" basis.Furthermore, users who trade specific currency pairs can participate in the Points Arena and Ranking Arena, with top individual prizes reaching up to 3,000 USDT. After the event concludes, the top 100 users by trading volume will also receive a random amount of CFD credit bonus package. The event runs from April 27 to May 22. For more details, please refer to the official Bitget platform.

Bitget blind Furthermore Tether TOP Network Zone