The Overnight

The Overnight — 2026-10-25

Kimi K3.1 Pro lands at domestic No.1; China's first AI feature film opens to $40K

What China's AI world did while the West was asleep. · 2026-10-25

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The Number

  • DeepSeek prices its flash model at $0.15/M input cache-miss off-peak, with peak rates double that, per DeepSeek docs (2026-10-24).
  • Qwen3.8-Max holds at 12 yuan/M input, 36 yuan/M output on the China tier, with Batch calls at half price, per DashScope pricing (2026-10-24).
  • z-ai/glm-5.3 runs $0.079/M prompt against a $1.4/M completion on OpenRouter (2026-10-24).

Top of the Fold

  • Moonshot ships Kimi K3.1 Pro, a 2.8-trillion-parameter post-trained build of K3 with a 1M-token window and open weights promised by Nov 4, per 月之暗面 via 智东西.
  • Kimi K3.1 Pro sits total No.4, domestic No.1 on Artificial Analysis, 11 points over K3, a company-stated placement to verify independently, per 智东西.
  • Baidu Health says its ERNIE health assistant passed 50M MAU, adding a 好医矩阵 and a video-input health camera, per 雷峰网.

Untranslated

  • 虎嗅's read on K3.1 Pro is that Moonshot kept the 2.8T base and spent the upgrade budget on post-training RL across hundreds of downstream domains rather than a new pretrain, framing it as a compute-constrained bet; the hands-on 硅星人 test agrees it improved long-horizon coding but splits hard across tasks.
  • Alipay's AI-payments arm opens PAYATHON 2026, a hackathon with a 200,000-yuan pool paying developers to wire payment rails into apps, Skills and Agents, registration through Dec 1, per 雷峰网.
  • Alipay's in-car assistant upgrades its tie-up with iFlytek's Spark cockpit 3.0, launching the 讯宝计划 with four flows including gated no-scan highway and parking payment, per 雷峰网.
  • WeChat's open platform posts a 10-title novel list sourced from public accounts for short-drama adaptation, offering an extra 5% cash cut on in-ecosystem earnings, as Tencent's own 阅文 already runs a mature IP pipeline, per 虎嗅.

The Backstory

  • 博纳影业's AIGMS center spent two years and generated 1.2 million-plus base frames on its self-built 博卡电影云片场 platform to keep faces from degrading across a 100-minute runtime, a choice 虎嗅 argues cost the characters any sense of aging or life, per 虎嗅.

The Kicker

  • China's first theatrically licensed AI feature, 《三星堆:未来往事》, opened with a 301,500-yuan first-day take and Vidu as lead tech supplier, per 猫眼 via 智东西.