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by MaxPock 17 days ago
Raised 2 billion dollars at a 12 billion valuation and debuts at 41 on the Artificial Analysis Intelligence Index, while KIMI and DeepSeek will release Fable-class models this week. What a joke.
4 comments

Moonshot (Kimi) has raised $3.77B and been around for >3 years, Thinking Machines raising $2B and releasing a decent open weights model in 16 months is actually quite comparable.
I think your comments might be overly negative. Would you expect the first model from an organization to top the chart? It's a process, I think they did pretty good. They have enough resources to continue improving on it
> ...while KIMI and DeepSeek will release Fable-class models this week.

What new model is DeepSeek releasing? Their current V4 Pro at Max reasoning is consistently worse than GLM 5.2 at Max reasoning, though the latter is close to Opus 4.8 at Extra/Max reasoning, albeit a little bit worse in my experience (though if they gave comparable amounts of tokens to Anthropic 5x Max subscription I could see myself moving over, currently they give you less though even with their ZCode discount).

In practical agentic development, none of those seem to be that close to Fable to me. Spent 181 million tokens with GLM 5.2 with ZCode in the past month, 142 million with DeepSeek V4 Pro with ZCode and OpenCode and about 3.45 billion across all Anthropic models with Claude Code, though understandably with my workload between 95-99% of them are cached (very docs/plan/tooling/read heavy work to limit slop, albeit with sub-agents and workflows).

DeepSeekV4 was a preview model, read the papers. It's not the final model. They released it to demonstrate architectural capabilities. They are still training and the model release is planned within the next month.
If they somehow make it approach Fable in capability, I’ll be quite surprised!
I haven't used Fable, but if the hype is to be believed then it's a jump in model capability. If so then I don't expect the next DeepSeekV4 version to match it. However, if the next DSV4 version get's the kind of jump 3.1 got over 3.0 or 4 got over 3.2, I'll be very happy with it. Progress is progress. We "can" run DSV4 locally, Fable is closed.
Not even GPT 5.6 approaches it, why would DeepSeek with less investment?
Well Chinnese companies are way more efficient, Deepseek did manage to get quite far with a relatively tiny number of staff and limited funding. Then you have companies like Meta which suck pretty much at everything they (excluding their core business) regardless of how much money they throw at it.
I prefer 5.6 Sol to Fable personally and I've used both extensively.
Anyone would think these investors are making a bet they can improve using that cash.