The big domestic AI model has once again detonated the world. On July 16, Dark Side of the Moon officially released Kimi K3, a next-generation open source basic model. The parameter scale reached 2.8 trillion yuan. Using the MoE hybrid expert architecture, it is the first open source model to break through the 2 trillion parameter level. K3 has a contextual window of 1 million tokens, natively supports visual understanding, and is optimized for cutting-edge intelligent scenarios such as software engineering, knowledge work, and deep reasoning. According to Pengpai News, after the release of Kimi K3, it reached the top of the industry's much-publicized AI coding tool evaluation list Arena in just a few hours. This is also the first time that a major Chinese model has taken the top position in this list. According to the Securities Times and Databao statistics, by the close of trading on July 17, AI big model concept stocks had fallen by an average of 21.15% since this year. Six stocks have accumulated a cumulative increase of more than 20%. They are Shengshi Technology, Startech, Geling Deep Vision, Dongfang Guoxin, Runjian Co., Ltd., and Hongbo Pharmaceutical. From an institutional perspective, according to the unanimous forecasts of 5 or more institutions, there are 8 AI big model concept stocks that are expected to grow at a net profit rate of over 30% this year and next two years, including Softcom Power, Zhongke Chuangda, Easypoint World, Chinese Online, and Broadlink. Compared with the July 17 closing price and the target price unanimously predicted by the agency, there is room for growth of more than 50% for Tianxia Show, Guanglianda, Easyworld, and Zhongke Chuangda. Tianxia Show has an increase of 75.53%, ranking first.

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