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Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut
BusinessBBCbloombergNYT+29FTnzzyle-uutisetcnbchelsingin-sanomattagesschaufazberlingske+21 more28d ago32 sources

Chinese Chipmaker CXMT Soars in Shanghai Stock Market Debut

Chinese chipmaker CXMT experienced a spectacular stock market debut in Shanghai, with its shares surging by nearly 470%. This record-breaking performance briefly made it China's most valuable company, driven by strong demand for AI memory and a substantial IPO.

Moonshot AI Restructures for Hong Kong IPO Bid
TechnologybloombergSCMP3mo ago2 sources

Moonshot AI Restructures for Hong Kong IPO Bid

China's Moonshot AI is reportedly unwinding its offshore structure as part of efforts to secure approval for an initial public offering in Hong Kong. This overhaul aims to meet regulatory requirements for its IPO pursuit.

Lindsey Graham's Sister Advances in South Carolina Senate Race
PoliticsBBCbloombergNYT+57le-mondewapoThe GuardianNPRAl Jazeeradr-dkFox Newsyle-uutiset+49 more12d ago60 sources

Lindsey Graham's Sister Advances in South Carolina Senate Race

Lindsey Graham's sister, Darline Graham, has advanced to a runoff election for a US Senate seat in South Carolina. This development comes amidst other news including rising oil prices due to doubts over a US-Iran deal and a Trump administration decision to end Medicaid funding for children's transgender care.

White House Accuses China's Moonshot AI of Stealing Anthropic Technology
Businessle-figaroSCMPBusiness Insider+4index-hrTimes of Indiahk-free-pressmyjoyonline1mo ago7 sources

White House Accuses China's Moonshot AI of Stealing Anthropic Technology

A top White House official has accused Chinese AI startup Moonshot AI, maker of the Kimi K3 model, of stealing intellectual property from the American AI company Anthropic. This accusation escalates concerns over AI technology theft between the two nations.

China Develops Cheaper AI Models Amid Chip Shortages
Worlddennik-n1mo ago

China Develops Cheaper AI Models Amid Chip Shortages

Chinese startups like Moonshot AI, DeepSeek, and Z.AI are offering AI models that rival US competitors in performance, attributed by experts to more efficient use of computing power and US import restrictions on advanced chips.

China's Moonshot AI Company Plans IPO After Breakthrough
Businessbloombergjapan-times1mo ago2 sources

China's Moonshot AI Company Plans IPO After Breakthrough

Chinese artificial intelligence company Moonshot is planning an initial public offering (IPO) within six months, following a significant AI breakthrough. The company aims to capitalize on its recent advancements in the field.

China's Moonshot AI Unveils Kimi K3 Model, Challenging US Rivals
TechnologyBBCbloombergNYT+16nzzcnbctagesschauberlingskemarketwatchBusiness InsiderYahoohindustan-times+8 more1mo ago19 sources

China's Moonshot AI Unveils Kimi K3 Model, Challenging US Rivals

Chinese AI startup Moonshot AI has unveiled its new Kimi K3 model, which it claims can rival leading US AI systems from OpenAI and Anthropic. The release has sparked discussions about China's growing capabilities in artificial intelligence and its potential impact on the global AI landscape.

Competition or ‘co-opetition’: how is convergence shaping AI race between China and US?
BusinessSCMPluxemburger-wort4mo ago2 sources

Competition or ‘co-opetition’: how is convergence shaping AI race between China and US?

There was a surprise guest speaker at Nvidia’s widely watched GPU Technology Conference (GTC) in San Jose, California, last month: Yang Zhilin, the founder of Beijing-based Moonshot AI, the developer behind the Kimi family of foundational artificial intelligence models. Amid heated rhetoric about US-China AI competition, which some have likened to an “arms race”, the participation of a Chinese AI start-up’s CEO at the flagship event of American chipmaking giant Nvidia might have struck some a...

Chinese AI Startup Moonshot Unveils New Kimi K3 Model
BusinessbloombergNYTThe Week28d ago3 sources

Chinese AI Startup Moonshot Unveils New Kimi K3 Model

Chinese artificial intelligence startup Moonshot has detailed its new Kimi K3 AI model, which is generating significant attention. The advanced model is making waves in the tech industry and drawing comparisons to Silicon Valley innovations.

China's Kimi AI Model Challenges US Tech Giants
Businessbloombergle-figaroBusiness Insider+3japan-timesnaftemporikindtv1mo ago6 sources

China's Kimi AI Model Challenges US Tech Giants

China has launched Kimi, a new large AI model developed by Moonshot AI, which is being touted as a significant rival to US tech giants. Kimi's capabilities are challenging the conventional wisdom regarding the US lead in artificial intelligence.

US warns of Chinese AI intellectual property theft
BusinessTimes of India3mo ago

US warns of Chinese AI intellectual property theft

The US State Department has cautioned about Chinese companies, including DeepSeek and Moonshot AI, allegedly stealing US AI intellectual property, even as Nvidia hosts Moonshot's CEO at an upcoming conference.

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance
TechnologySCMP6mo ago

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

Chinese open-source artificial intelligence models, led by those from MiniMax AI and Moonshot AI, have topped global token usage, ending a year of market dominance for US developers, according to data from OpenRouter. Online AI hosting platform OpenRouter’s latest ranking reflected the increased international demand for Chinese open-source models on its site following a series of new releases. Launched around two weeks ago, the M2.5 from Shanghai-based MiniMax emerged as the most popular AI...