Meituan Reveals LongCat-2.0 After Two Months of Disguised OpenRouter Activity

Meituan has claimed LongCat-2.0, a 1.6 trillion-parameter mixture-of-experts AI model that had been appearing on OpenRouter under the name “Owl Alpha.” The model’s low pricing relative to GPT-5.5 and Claude Sonnet 5 makes the launch notable for the competitive AI model market.

Meituan Reveals LongCat-2.0 After Two Months of Disguised OpenRouter Activity

What happened?

Meituan has claimed LongCat-2.0, a 1.6 trillion-parameter mixture-of-experts AI model that had been appearing on OpenRouter under the name “Owl Alpha.” The model’s low pricing relative to GPT-5.5 and Claude Sonnet 5 makes the launch notable for the competitive AI model market.

Why it matters

Meituan has identified itself as the developer behind LongCat-2.0, a 1.6 trillion-parameter mixture-of-experts model that had been running on OpenRouter for about two months under the alias “Owl Alpha.” The model had been surfacing without attribution before the company publicly claimed it.

Meituan has identified itself as the developer behind LongCat-2.0, a 1.6 trillion-parameter mixture-of-experts model that had been running on OpenRouter for about two months under the alias “Owl Alpha.” The model had been surfacing without attribution before the company publicly claimed it.

The development matters because it adds another large-scale model to an already crowded AI market and highlights how providers are using public model hubs to test or distribute systems before formal announcements. The source also notes that LongCat-2.0 undercuts GPT-5.5 and Claude Sonnet 5 on price by a wide margin, which could influence how developers compare model options.

LongCat-2.0’s appearance on OpenRouter suggests that large model launches may increasingly happen in stages, with some systems effectively operating in the open before their makers step forward. That makes transparency around model identity, performance, and pricing more important for users evaluating which tools to build on.

For readers following AI infrastructure and adjacent crypto markets, the story is less about speculation and more about competition: lower-cost, high-capacity models can change how platforms price access and how developers allocate workloads. It is another example of how fast-moving AI releases are reshaping the software and services landscape.

Source: Decrypt

Keep exploring

Related stories

Bitcoin Rebounds From 21-Month Low as $60,000 Test Draws Caution

Bitcoin Rebounds From 21-Month Low as $60,000 Test Draws Caution

Bitcoin recovered from a 21-month low as buyers attempted to reclaim $60,000. Leverage data, however, raised doubts about whether the level could become durable support.

Read
Tradeweb Executes Tokenized US Treasury Transaction on Canton Network

Tradeweb Executes Tokenized US Treasury Transaction on Canton Network

Franklin Templeton transferred a tokenized US Treasury to Virtu Financial through Tradeweb on the Canton Network. Tradeweb described it as the first real-time transaction settled against USDCx.

Read
Venice AI Reaches $1 Billion Valuation as Founder Champions Private AI

Venice AI Reaches $1 Billion Valuation as Founder Champions Private AI

Venice has reached a $1 billion valuation. Founder Erik Voorhees used the milestone to argue that AI companies should protect users’ conversations.

Read