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“Manus was doing wide research — what we now call agent teams or agent swarms — spinning up 10 or dozens of subagents simultaneously to execute different tasks. From what I understand, when Anthropic was building Claude Code, they actually drew on a lot of Manus's experience from building wide research.”

“We invested in Kimi, which is probably the domestic company most focused on agentic coding as a technical model company. In 2025 they completed a massive transformation and are now, we believe, possibly the world's best open-source coding model.”