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Is kimi making a profit? How subsidized is it by the Chinese government?

Is that any worse than being subsidized by VC? They're playing the same game as the western labs, just with slightly different players.

Chinese government vs American VCs doesn't equate to "slight different players."

True. The Chinese Communist Party's motto is "Serve the People". [0]

They might not always live up to that, but at least the aspiration is there.

No such pretense from American VCs.

This is the most naive comment I've read in a long time.

American VCs and American Government mingle at the deepest levels. Yes, slightly different is correct.

This isn't true unless you're limiting your reference point to Trump's second term.