Kai-Fu Lee's 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, after pivoting from building AI models to enterprise data infrastructure. Lee calls the product "Boss AI" an…
OpenAI's head of strategic futures, Dean W. Ball, argued the US government should create regulatory fear around open-weight models like Moonshot's Kimi K3, but retracted after backlash from tech lumin…
Moonshot's Kimi K3, a 2.8 trillion parameter open-weight model with weights promised for July 27, leads the July 2026 AI Model Radar, which also includes Thinking Machines Inkling (975B), Tencent Hy3 …
Hugging Face said it resorted to a Chinese AI model, Z.ai's GLM 5.2, to combat a fully autonomous cyberattack after a leading U.S. frontier AI model's guardrails prevented its security team from analy…
Chinese AI firm Moonshot has paused new subscriptions for its Kimi K3 large-language model, trained on 2.8 trillion parameters, due to surging demand that pushed GPU capacity to its limits days after …
Chinese AI company Moonshot's free, open-source model Kimi, which rivals the intelligence of paid models from OpenAI and Anthropic, has sparked a public feud among President Donald Trump's AI advisors…
OpenAI chairman Bret Taylor predicted on CNBC that within a year, companies will stop worrying about AI tokens as the market matures and other firms bear the burden of managing them. Taylor said the w…
Z.AI, the Chinese AI lab formerly known as Zhipu, has partially started operating a 1-gigawatt data centre built entirely with Chinese-made chips, marking the first large-scale proof that domestic sil…
Chinese AI startup Moonshot unveiled its Kimi K3 model, touted as the world's largest publicly available large language model, sparking debate over whether it marks another DeepSeek moment in the US-C…
China's open-weights AI strategy is winning as its companies take the lead, while America's closed-first, locked-down approach is doomed to failure, according to an analysis by Ben Werdmuller. Chinese…
Semiconductor stocks led by AMD, Micron Technology, and SK Hynix jumped on Monday, recovering from a 9% drop in the PHLX Semiconductor Index last week. AMD rose 4% after Rosenblatt and UBS raised pric…
Chinese open-weights models from Moonshot and Alibaba now match OpenAI/Anthropic frontier quality at a fraction of the inference cost, with roughly 80% of startups already using a Chinese model in the…
Alibaba previewed Qwen3.8, a 2.4-trillion-parameter multimodal AI model, at the World Artificial Intelligence Conference in Shanghai, claiming it is second only to Anthropic's Fable 5, but provided no…
South Korea's KOSPI plunged 4.46% on Monday as AI spending concerns resurfaced after Chinese startup Moonshot unveiled its low-cost Kimi K3 model, and escalating US-Iran tensions weighed on sentiment.…
Moonshot, the AI startup behind the Kimi K3 model, has paused new subscriptions after GPU demand maxed out within 48 hours of the model's release. The company announced on X that demand pushed close t…
Alibaba announced Qwen 3.8, a 2.4T-parameter open-weight model, in an apparent response to Moonshot's Kimi K3, which has seen such high demand that Moonshot paused new signups. Meanwhile, mathematicia…
Open-source AI models are rapidly closing the gap with closed-source frontier models, as Moonshot shipped Kimi K3 (2.8T parameters) on July 16, Alibaba previewed Qwen 3.8 (2.4T parameters) on July 19,…
Alibaba's Qwen team previewed Qwen3.8-Max-Preview, a 2.4-trillion-parameter multimodal model with a 1-million-token context window, at WAIC in Shanghai, claiming it ranks second only to Anthropic's Cl…
China's open-weight AI models triggered the worst week for US chip stocks since April, with the Nasdaq 100 falling 4.1% and the semiconductor index dropping 10% as investors questioned the return on $…
The release of Kimi K3, a 2.8 trillion parameter open-weight model from China's Moonshot lab, has shaken the AI industry by matching the performance of top US models like Claude Fable 5 on coding and …