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Moonshot AI just dropped a 1-trillion parameter coding model and made it free.
Kimi K2.7 Code is open-source, handles 256K tokens, and wants to take on GitHub Copilot.
This is the biggest open coding model ever released.
But wait, there's more:
ElevenLabs just made AI video avatars stupid simple
OpenAI might slash API prices to fight Anthropic
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In today's post:
Kimi drops 1 trillion parameter code model for free
ElevenLabs launches AI avatars that actually sync lips
OpenAI plans massive price cuts to fight Anthropic
Kimi AI Drops a 1-Trillion Parameter Coding Beast
Big tech just got a massive wake-up call in the AI coding space.
Moonshot AI released Kimi K2.7 Code, a giant open-source model built specifically for software engineers.
It packs a trillion parameters and aims to crush expensive closed models.
The details:
The model uses a Mixture-of-Experts setup with 1 trillion total parameters, but only uses 32 billion active ones at a time.
It boasts a massive 256K token context window to handle huge chunks of your codebase.
K2.7 uses 30% fewer reasoning tokens than the last version, which saves you serious cash on compute.
You can grab it right now on Hugging Face under a Modified MIT license or use their cheap API.
Why it matters:
Builders need powerful coding assistants, but top-tier models cost a fortune.
Kimi K2.7 Code changes the game by giving developers a budget-friendly, open-source option that rivals giants like Anthropic's Claude Fable 5.
It forces the industry to rethink how much they charge for AI coding tools.
You get high-end performance without the high-end price tag.
💡 L8R's Take:
I love seeing open-source models punch this hard.
Moonshot AI is proving you do not need to lock developers into expensive ecosystems to build great software.
If you write code, you need to test this model immediately.
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ElevenLabs drops new AI video avatars
Making talking-head videos just got incredibly easy.
ElevenLabs built a massive new tool that handles your script, voice, and video all in one place.
You no longer need to juggle five different apps to make one simple clip.
The details:
ElevenLabs launched Avatars inside its ElevenCreative platform on June 11, 2026, for all paid users.
You can create a custom digital actor, type a script, and pick a voice without ever leaving the app.
The system lets you save your avatar's face so you can reuse the exact same identity for future videos.
You can plug these avatars into automated workflows to pump out tons of marketing videos at once.
Why it matters:
Making videos is usually a huge mess of different software.
You record audio here, sync lips there, and edit somewhere else.
ElevenLabs is fixing this broken system by putting everything under one roof.
This gives you much better lip-syncing and saves you hours of boring work.
💡 L8R's Take:
This is a massive win for solo creators and small teams.
If you make YouTube videos or online courses, this tool is a total game changer.
Stop wasting time syncing audio and let the AI do the heavy lifting.
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OpenAI Plans Massive Price Cuts to Fight Anthropic
Enterprise AI budgets are officially tapping out.
OpenAI is planning huge price cuts for its API tokens to stop customers from leaving for Anthropic.
This kicks off a brutal price war just before both companies try to go public.
The details:
Big companies are freezing their AI spending after maxing out their budgets on heavy agentic AI use.
Anthropic is stealing enterprise customers right now, especially with its highly popular Claude Code tool.
OpenAI CEO Sam Altman admits rising costs are a huge problem and wants to give users more value for their money.
Both companies plan to launch their IPOs later in 2026, making this a risky time to shrink their profit margins.
Why it matters:
We are moving past the days where AI labs only cared about making the smartest models.
Now, it is a race to offer the cheapest price.
Lower token costs mean you can build complex AI apps without going broke.
But for OpenAI, cutting prices right before an IPO is a massive gamble.
💡 L8R's Take:
I love a good price war. Let the big labs fight over pennies while we get cheap access to top-tier models.
If OpenAI wants to stay on top, they have to stop draining our wallets.
🚀 Quick L8R Summary
Kimi K2.7 Code: Moonshot AI drops a 1 trillion parameter open-source coding model that rivals GPT-4o on benchmarks.
ElevenLabs Avatars: ElevenLabs just made creating talking-head videos stupid simple with one-click avatars and built-in voices.
OpenAI Price War: OpenAI's planning major API price cuts to fight back against Anthropic before both companies go public.
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