Deepseek, was cheaper and when it arrived it left a mark. Now comes kimi. Kimi is not a cheaper model, but a model as powerful as Anthropic, OpenAI, and priced about 50% cheaper. $META and $SPACX have cheaper models than Kimi.
Let it sink. Kimi is confident of the value it provides and it is competing on the quality and not on price.
Expect AI Price war to intensify. Because if you are not going to be the top model then you have no choice but to compete on price. Now, chinese models are competing with you on both ends.