# Thinking Machines vs StreamLake

> StreamLake, Kuaishou's AI cloud, sells KAT-Coder, a proprietary agentic coding model. Thinking Machines offers open Inkling weights and a training API to build your own specialist.

Canonical: https://www.subconscious.dev/compare/thinking-machines-vs-streamlake · By The Subconscious Team · Updated September 30, 2026

## How they compare

StreamLake's pitch is a ready coding model. KAT-Coder-Pro V2.5, from Kuaishou's KwaiKAT team, was trained with large-scale agentic RL for repository-level work, according to StreamLake: reading issues, editing across files, running tests and fixing its own errors. It is sold per token or through a KwaiKAT Coding Plan, with OpenAI-protocol endpoints and a Claude-protocol proxy for Claude Code. Thinking Machines offers the ingredients rather than a finished coder. Tinker lets teams run their own RL loops on open bases like Qwen3.5, GLM-5.3 or Kimi K2.6, and Inkling ships under Apache 2.0 with 1M context.

Openness and residency set them apart. KAT-Coder is proprietary, and StreamLake leads with China, yuan pricing and China-hosted data, which rules it out for many US and EU buyers. Thinking Machines is US based and its Inkling weights can be self-hosted anywhere. StreamLake also sells bare-metal compute, while Thinking Machines' serving is a beta API for Inkling at $1.00 in and $4.05 out plus a checkpoint endpoint limited to testing. For a developer who wants a cheap coding agent today, StreamLake's plan is simpler. For a team training its own agentic coder, Tinker gives more control.

## What each one does

### Thinking Machines

Thinking Machines Lab is the San Francisco lab Mira Murati, formerly CTO of OpenAI, founded in February 2025, with OpenAI co-founder John Schulman as chief scientist. It raised about $2 billion at a $12 billion valuation in July 2025 in a round led by Andreessen Horowitz, and in March 2026 signed a multi-year Nvidia deal for one gigawatt of Vera Rubin capacity. Its main developer product is Tinker, an API for post-training open-weight models that launched in October 2025 and is now generally available. Tinker exposes four low-level calls, forward_backward, optim_step, sample and save_state, so teams write their own supervised or reinforcement learning loops while Thinking Machines runs the distributed GPU work. Training uses LoRA adapters rather than full weight updates.

### StreamLake

StreamLake is the AI cloud brand of Kuaishou, the Chinese short-video company behind the Kling video models. It sells model-as-a-service inference and bare-metal compute to internet businesses, drawing on the infrastructure Kuaishou built to serve video at massive scale. Its developer site offers APIs, SDKs and integration guides aimed at taking teams from testing to production.

## Which is best, and when

### Choose Thinking Machines for

- Training your own agentic coding model with RL
- Open weights for self-hosting outside China
- Multimodal input with 1M context

### Choose StreamLake for

- Subscription access to a coding model
- A Claude Code-compatible coding endpoint
- Chinese businesses needing domestic MaaS

## At a glance

| Attribute | Thinking Machines | StreamLake |
|---|---|---|
| Model access | Open weights | Proprietary coding models |
| Flagship models | Inkling, Inkling-Small | KAT-Coder-Pro V2.5, KAT-Coder-Air |
| Speed | - | - |
| Price | Per 1M tokens by prefill, sample, train; Inkling $1.00 in, $4.05 out | Per token or KwaiKAT Coding Plan |
| Customization | LoRA SFT and RL via Tinker | - |
| Deployment | Training API, beta serverless (Inkling only) | MaaS API, bare metal |
| Long context | Inkling up to 1M; Tinker 32K–256K | - |

## FAQ

### What is the difference between Thinking Machines and StreamLake?

StreamLake, Kuaishou's AI cloud, sells KAT-Coder, a proprietary agentic coding model. Thinking Machines offers open Inkling weights and a training API to build your own specialist.

### When should I choose Thinking Machines over StreamLake?

Training your own agentic coding model with RL; Open weights for self-hosting outside China; Multimodal input with 1M context.

### When should I choose StreamLake over Thinking Machines?

Subscription access to a coding model; A Claude Code-compatible coding endpoint; Chinese businesses needing domestic MaaS.

### Is Thinking Machines or StreamLake cheaper?

Thinking Machines: Per 1M tokens by prefill, sample, train; Inkling $1.00 in, $4.05 out. StreamLake: Per token or KwaiKAT Coding Plan. The cheaper choice depends on the model and workload.

## Running long-horizon agents?

If your agents run past 200K tokens, compare both against Subconscious: [Subconscious vs Thinking Machines](https://www.subconscious.dev/compare/subconscious-vs-thinking-machines.md), [Subconscious vs StreamLake](https://www.subconscious.dev/compare/subconscious-vs-streamlake.md).

Full profiles: [Thinking Machines](https://www.subconscious.dev/providers/thinking-machines.md), [StreamLake](https://www.subconscious.dev/providers/streamlake.md).