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Maxime Labonne

Maxime Labonne

Technical deep dives and analyses on LLMs and post-training.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues32SubscribersRead maximelabonne.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Kimi K2.5: Still Worth It After Two Weeks?

Beijing-based Moonshot AI released Kimi K2.5 on January 27, 2026. Beyond traditional claims on benchmarks like HLE (50.2% with tools), coding, and vision, this release introduced the idea of “Agent Swarm”. Two weeks in, I wanted to revisit ...

14 days ago
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Qwen3.5: Nobody Agrees on Attention Anymore

On February 16th, 2026, Alibaba's Qwen team released Qwen3.5-397B-A17B, their next-generation foundation model. If you're getting a sense of déjà vu from the holiday timing, you should be. GLM-5 shipped on February 11th. MiniMax M2.5 landed...

16 days ago
23
2

MiniMax-M2.5: The $1/hour Frontier Model

On February 12th, 2026, barely a month after its Hong Kong IPO, Shanghai-based MiniMax dropped M2.5. The headline numbers: 80.2% SWE-Bench Verified, 51.3% Multi-SWE-Bench (first place), 76.3% BrowseComp. These are numbers that sit within a ...

20 days ago
21
2

GLM-5: China's First Public AI Company Ships a Frontier Model

> Updated February 18th, 2026: This article has been revised to include additional technical details from the GLM-5 technical report, “GLM-5: from Vibe Coding to Agentic Engineering.”

20 days ago
10
0

Authors

The writers behind this newsletter.

  • Maxime Labonne

    Head of Post-Training @ Liquid AI

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