AI Startups

Moonshot AI, a Beijing-based AI startup, on Thursday released Kimi K3, the largest open-weight large language model ever, which performs competitively with Anthropic's Fable 5 at a fraction of the cost—$15 per million ou…

A new analysis by venture capitalist Gary Vaynerchuk draws parallels between the current AI investment frenzy and the dot-com bubble of 1999, warning that the AI bubble may be unraveling but with a potential twist. Vayne…

Anthropic is in early talks to lease about $10 billion in computing power from Meta, the New York Times reported Friday, in a deal that would make Meta a cloud provider to its biggest AI rival. The discussions come weeks…

Moonshot AI's Kimi-K3, a 2.8-trillion-parameter open-weight model, took first place on the human-judged Frontend Code Arena on July 15, 2026, with 1,679 points, surpassing Claude Fable 5 and GPT-5.6 Sol, and becoming the…

The Compute Exchange Inc. launched a secondary marketplace for used and refurbished Nvidia H100 and A100 GPUs, connecting buyers with suppliers as enterprises and AI startups seek cost-effective AI hardware. CEO Carmen L…

Chai Discovery Inc. has raised $400 million in Series C funding, nearly tripling its valuation to $3.8 billion, as the AI drug discovery company signs licensing agreements with Pfizer Inc., Eli Lilly and Co., and Novarti…

Moonshot AI launched Kimi K3, a 2.8-trillion-parameter open-weight model, on Thursday, ranking alongside Claude Fable 5 and GPT-5.6 Sol on the Artificial Analysis Intelligence Index with a score of 57. Semiconductor stoc…

Taiwan Semiconductor Manufacturing Co. (TSMC) posted record Q2 revenue of over $40 billion but saw its shares fall 4%, dragging the Nasdaq 100 down 1.4%, after raising its 2026 capital expenditure forecast to $60-64 bill…

Apple filed a trade secrets lawsuit against OpenAI last Friday, alleging a pattern of misconduct involving more than 400 former Apple employees now working at OpenAI, including its chief hardware officer. The lawsuit cou…

Moonshot AI released Kimi K3 on July 16, a 2.8-trillion-parameter open-weight model that beats Claude Fable 5 and GPT-5.6 Sol on specific benchmarks, including a Writing Elo score of 2,840 versus Fable 5's 2,760. Priced …

Meta is in very early talks to lease computing power to Anthropic in a potential deal worth around $10 billion, according to CNBC. The discussions follow Anthropic's recent compute deal with SpaceX and come as Meta explo…

Meta is reportedly negotiating to lease roughly $10 billion of its AI computing power to rival Anthropic, a deal that would make Mark Zuckerberg's company a landlord for one of its fiercest competitors. According to Semi…

Beijing-based startup Moonshot AI unveiled Kimi K3 on July 16, a 2.8 trillion parameter multimodal AI model that it claims can rival offerings from OpenAI and Anthropic, with API pricing at $3 per million input tokens an…

IBM's stock suffered its worst single-day drop in 115 years after the company reported faltering mainframe sales and software revenue, with management blaming AI spending but analyst Ben Thompson arguing that AI's abilit…

Moonshot, a Chinese AI company, has released Kimi K3, an AI model that the company claims matches the performance of leading American models, marking a significant step in China's AI development. The model is described a…

Moonshot AI's open-weight Kimi K3 model topped Arena's frontend coding leaderboard within 24 hours of launch, surpassing Anthropic's Claude Fable 5 and OpenAI's GPT-5.6 Sol, triggering warnings from Trump advisor David S…

Nvidia shares dropped 2.2-2.4% over July 16-17 after briefly hitting a $4 trillion market cap, driven by concerns that hyperscale cloud providers may slow AI infrastructure spending and by rising competition from Huawei'…

Tech stocks plunged on Friday amid growing investor concern that the artificial intelligence rally may be unsustainable, with the S&P 500 falling 0.58% and the Nasdaq Composite losing 1.25%. The sell-off was driven by we…

Chinese AI startup Moonshot AI on Friday launched Kimi K3, a 2.8-trillion-parameter open-weight model it claims is the world's largest open AI model, positioning it as a direct challenger to systems from Anthropic and Op…

Meta is in advanced negotiations to lease computing power to Anthropic in a deal that may reach $10 billion over two years, according to a July 2 report from SemiAnalysis. The arrangement would turn Meta into a cloud pro…