Tech News · The field notes
Personal Tech — Sunday, October 25, 2026
Moonshot AI's three-trillion-parameter Kimi K3.1 Pro goes open at half the price of the best closed models, Tenstorrent raises one point five billion dollars, ASML says it cannot meet AI chip demand, and Nvidia's modular data centers promise fourteen-day deployments.
Moonshot AI releases Kimi K3.1 Pro (Oct 24)
- 3-trillion-parameter open-weight model, 896 experts, ~104B active
- Artificial Analysis 55 vs Claude Opus 5.5 at 58
- API $2/$10 per million input/output tokens (~half Opus 5.5, ~1/5 GPT-6 Astra)
- full weights promised by Nov 4
- Moonshot deliberately stripped offensive cyber capabilities from post-training (in-house exploit benchmark 90.5% uncut vs 81.0% released)
- defensive cyber skills retained
- Cerebras serving K3 across 59 WSE-3 wafers at 1,000-2,000+ tokens/sec, ~1.18 MW estimated draw
Tenstorrent $1.5B Series E at $6.2B valuation (Trace Capital, Innovation X
- Santa Clara AI chip designer) — week's biggest round
- plus Pathos AI $237M Series D+ led by Bristol-Myers Squibb, Whop $200M, Vintage $920M, Neolix $400M Series D+
- 149 rounds / $5.7B disclosed in last 7 days
ASML raises outlook on AI chip demand
- Q3 net sales +55%, profit more than doubled
- 2026 sales guidance €44-45B, ~56% gross margin
- customer demand still cannot be fully met — bottleneck is capacity, not demand
- EUV lithography centrality
- stock down from highs on valuation questions
Nvidia DSX POD modular prefabricated data centers (Vera Rubin)
- deployment at prepared site from ~6 months to as little as 14 days
- partner shipments from early 2027
- plus Nvidia push into robotics and telecom networks
Marvell photonic fabric memory module
- 32TB RAM behind light links for up to 16 GPUs
- attacks the memory wall
- optical interconnect as next AI capex bottleneck
Rapid-fire
- US bans federal agencies from using DeepSeek
- UK announces $800M AI security funding
- severe PHP vulnerabilities ("Black October") force US/UK sites offline to patch, warnings of AI-enabled cyberattacks
- Amazon cloud capacity reportedly sold out through 2027