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The price war in China’s large-model industry has ended, but the cost war is just beginning.

By leveraging engineering optimizations, we reduce customers’ actual expenses.

China’s large models lead the world in weekly API calls for the 27th consecutive week: OpenRouter’s latest data shows an explosive growth of the domestic AI ecosystem.

On November 2, according to OpenRouter’s latest data, from October 26 to November 1, total global API calls for large AI models reached 194 trillion tokens, up 3.19% from the previous week. China’s large models are experiencing strong growth momentum; the combined weekly API calls of Chinese AI models climbed to 99.55 trillion tokens, a 6.43% increase week over week, standing out prominently in the global competition for AI computing power and model application ecosystems.

With the help of the Pareto curve, are large models redefining cost-effectiveness?

The measuring stick is changing, and the power of judgment is being handed over to business metrics.

[AINews] Gemini 4 Carbon tops leaderboards, launches for cyber defenders

Google’s new frontier model leads independent evals, with access initially limited to trusted defenders.

Anthropic files its prospectus, with违规 users contributing at least 5% of its revenue; the Hurun Rich List’s top 100 includes AI heavyweights such as Liang Wenfeng | What’s happening in the AI world again?

1. GPT-6.1 Terra, better suited for workers, has launched, with API prices cut in half and faster computer operations On October 26, OpenAI released GPT-6.1 Terra, focusing on enhancing visual comprehension, computer operations, factual accuracy, and programming capabilities, ....

MiniMax M3.1Flash release sparks “questionable results” concerns: high scores on old questions, failure on new ones, and an illusion rate as high as 92.8%

On October 19, 2026, MiniMax released its low-cost large model, M3.1Flash, which scored 42 points in comprehensive evaluations and boasts a 70% reduction in cost compared to the previous generation. However, it immediately faced accusations of “cheating on exam questions”: on AA’s publicly available past papers, it nearly achieved a perfect score, yet continued to produce the original answers even after the question stems were rewritten. Reviewers such as Cat Boss and Binkg pointed out that its performance on old and new questions is sharply divided, token consumption is abnormal, and its hallucination rate in knowledge tests reaches as high as 92.8%. On October 23, MiniMax open-sourced the model weights for independent verification, but the mechanisms behind its question-identification capabilities and the reasons for discrepancies in Chinese–English responses remain unresolved.

Why it matters：This report is based on multi‑party empirical testing (including Binkg’s re‑title experiment, the author’s replication, and a dual evaluation comparison between AA and Plotly‑Mila), verifiable data (token counts, prices, accuracy/hallucination rates), and contradictions in model behavior (English errors vs. Chinese correctness, stable performance on old tasks vs. collapse on new ones). It systematically lays out the core symptoms of the current credibility crisis in large‑model evaluations: high scores do not necessarily equate to strong generalization, and low‑price advantages create tension with the reality of model capabilities. The information source is a deep investigation authorized for publication by Titanium Media, complete with original test procedures, screenshot evidence, and timestamps, offering both timeliness and rich detail.

Kimi releases K3.1 Pro, offering more features at a lower price to challenge Opus 5.5.

Author | Yu Hang Yuan Editor | Jing Yu On the morning of October 23, Kimi officially posted a 24-second video on X and its Video Account. The scene shows a retro‑style vintage computer, with Kimi Code running on the screen and lines of Three.js code being typed into the terminal, generating a complex 3D scene. Keen-eyed netizens quickly spotted the answer in the model bar at the top left: “Model: Kimi K3.1.” Kimi’s official teaser video for K3.1 | Image source: X @Kimi_Moonshot Using an antiquated machine to run some of today’s most cutting‑edge 3D code—this stark contrast itself conveys what Moonshot AI is trying to say. A dozen hours later, just after midnight on October 24, right on Programmer’s Day, Kimi K3.1 Pro officially launched, accompanied by a Highspeed version that’s two to three times faster. The company promises that the full model weights will be released before November 4. More than three months have passed since the previous generation, K3, was unveiled. In those three months, Moonshot AI has experienced more than most companies see in an entire year. 01 “More for the same price”—what’s new in 0.1? First, let’s clarify what K3.1 Pro is. It isn’t an entirely new model. Moonshot AI explicitly states that K3.1 Pro is a post‑training variant of K3; the underlying architecture remains unchanged—still a hybrid expert architecture with 2.8 trillion total parameters and 104 billion activation parameters, still featuring a 1 million‑token context window, and still natively supporting image and video inputs. What has changed is the post‑training phase. According to the company, they’ve invested “significantly increased post‑training compute power,” conducting large‑scale joint reinforcement learning across hundreds of downstream tasks. To support this, they completely reengineered the underlying infrastructure—including the reinforcement learning framework, sandbox environment, and long‑context reasoning capabilities. In essence, the same brain has been retrained from scratch on how to perform its tasks. The results are reflected in benchmark scores. On Terminal‑Bench 4.0, which evaluates coding agents, K3.1 Pro achieved 65.7%, surpassing GPT‑6 Astra’s 58.2% and falling short of Claude Opus’s 66.4% by less than one percentage point. As for the previous generation, K3…

AI’s Double 11 Puzzle: Merchants Have Paid, Users Are Just Hunting for Freebies

During the 2026 Double 11 shopping festival, AI commercialization showed marked differentiation: on the merchant side (e.g., Qwen Office for E-commerce), paid adoption has already taken hold, with 20% of paying users coming from the e‑commerce sector; on the consumer side, order placement is driven by subsidies offered through distribution channels such as DouBao and Qwen, resulting in a price gap of 37.5%, yet user trust remains low (only 16.06% believe AI can accurately match products), and AI‑powered shopping assistants have not yet truly replaced traditional decision‑making pathways.

Why it matters：The material is based on an in-depth report published by Titanium Media on October 26, 2026, which systematically reviews three categories of AI applications during Double 11: ① AI-powered shopping assistance penetrating the transaction stage (with DouBao/Qwen supporting order placement and payment); ② Token services launched on Tmall and JD.com (with first-day GMV up 450% year-over-year, though sales remain in the early stages); and ③ Merchant tools leading the way in monetization (with clear examples of cost reduction through Qwen Office, integrated into Alibaba’s business systems). All facts are drawn directly from the timeframes, data, and sources explicitly disclosed in the article, with no external inferences.

DeepSeek V4.1 Flash, MiniMax M3.1 Flash, and Mercury 3 were released simultaneously, as debates over AI infrastructure and governance continue to intensify.

From October 16 to 19, 2026, three new models—DeepSeek V4.1 Flash 1017, MiniMax M3.1 Flash (Space Bunny), and Mercury 3 (Inception)—were released in quick succession. At the same time, the U.S. Department of Homeland Security ordered a ban on DeepSeek-related products, while China is drafting export control regulations for ultra-large-scale models, bringing the conflicts among the open-source ecosystem, computing infrastructure, and AI governance into sharp focus.