New podcast with @xeophon on all things open models. More on Kimi K3， Qwen 3.8， GLM-5.2， Xi's WAIC speech， distillation， the open-closed Gap， and what's next.

Chapters： 00：00 Welcome & context 04：38 Living with / using Kimi K3 08：53 GLM 5.2's continued role 12：47 How are the Chinese models this good？ 17：41 Data， environments， and a tour of the Chinese labs 19：47 Roundup of Chinese providers： Qwen， DeepSeek， MiniMax… 24：08 The US open-model ecosystem 30：25 Frontier vs. near-frontier， and the cybersecurity case against bans 34：58 Distillation and the Ben Thompson debate 44：12 Predictions and a frontier tier list 48：36 Wrap-up

Hoping to keep doing a few more of these on @interconnectsai. Crucial times in AI， we're working hard to share our expertise.