Several open models have been released, showcasing their utility on the Pareto frontier, including Inkling by Thinking Machines, Hy3 by Tencent, Laguna S2.1 by Poolside, and Kimi K3 by Moonshot AI, which demonstrate improvements in performance and efficiency. These models are pushing the boundaries of what is possible with open models, with some companies like Thinking Machines and Tencent generating hundreds of millions in revenue per year from their open model finetuning services. The increasing adoption of open models is expected to continue, with potential implications for the AI industry. AI summary
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