The Overnight

The Overnight — 2026-10-03

Kimi K3 ships, DeepSeek-Flash drops to $0.15/M

What China's AI world did while the West was asleep. · 2026-10-03

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The Number

  • DeepSeek's cache-miss input price for its Flash tier sits at $0.15/M tokens off-peak, with output at $0.60/M, per DeepSeek's pricing docs as of Oct 2.
  • Qwen3-max runs 2.5 yuan/M input at the 0-32K tier, four tiers below the qwen3.8-max-prime flagship at 24 yuan/M, per Alibaba DashScope pricing as of Oct 2.
  • The cheapest paid China-lab model on OpenRouter is deepseek-v4-flash-0731 at $0.0051/M prompt, framed on OpenRouter as of Oct 2.

Top of the Fold

  • Huawei ships the Mate90 line from 5,999 yuan, topping out at 12,999 yuan for the RS edition, leading with a 1-inch-sensor external imaging module, per 极客公园.
  • Otherwise a quiet morning up top.

Untranslated

  • Moonshot marks Kimi K3 as officially released on its platform, now the flagship tier above K2.7 Code and K2.6 in its pricing docs, per platform.moonshot.cn as of Oct 2.
  • DeepSeek has retired the legacy deepseek-v4-flash names and now routes them all to DeepSeek-V4.1-Flash at the Flash price, a silent model consolidation buried in its pricing footnotes, per DeepSeek docs as of Oct 2.
  • arXiv tightens submission rules to two papers per person per month, with rejections not refunding the quota and region-switching blocked, circulating across the Chinese research community, per 量子位.
  • Cambricon's former exec Liang Jun loses a sixth straight suit and enters forced enforcement, then refiles the same equity dispute as a labor claim seeking fresh damages, per 雷峰网; treat the damages figure as the company's framing.

The Backstory

  • Shing-Tung Yau's new paper credits GPT and Claude in its acknowledgments, on a problem he personally put on a list 44 years ago, per 量子位.

The Kicker

  • Chinese shoppers searching for 华为 laptops are surfacing knockoff brands spelled HWIEI, HUIWEI, and HUΛWEI (that Λ is a Greek lambda, not an A), as counterfeit machines quietly return to e-commerce listings, per 虎嗅.