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Bitcoin held near $64,000 on Monday, caught between rising oil prices and lingering effects from a Chinese AI model release that rattled markets at the end of last week.

The company, known for its Kimi K3 open-weight model, has seen demand surge since the model's launch last week, pushing annual recurring revenue to $300 million in June, up from $200 million in April.

Running cutting-edge large language models locally is no longer a distant dream for enthusiasts with a single 24GB GPU.

The model, MiniCPM5-1B-Claude-Opus-Fable5-Thinking, is a fine-tuned version of OpenBMB's MiniCPM5-1B using traces from Claude Fable 5.

Feyn AI, a Y Combinator-backed startup, has released SQRL, a family of text-to-SQL models that take a novel approach to generating database queries.