Woofun AI reports that SmartMind stock on the Hong Kong Stock Exchange fell over 17% midday, currently down nearly 15%. Competitor Moon's DarkSide launched Kimi K3, which outperformed Claude Opus 4.8 and GPT-5.5 in specific programming and agent tests.

Additionally, Anthropic accused SmartMind of distilling Claude and OpenAI models for its GLM-5.2 system.