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The Latest Breaking News from Moonshot AI

Business Brief (Aug. 6): China Announces Trade Countermeasures Against the U.S.

Moonshot AI seeks $50 billion valuation in new funding round, Chinese mainland tax authorities begin levying returns from offshore insurance policies

Caixin Global

JPMorgan CEO Jamie Dimon Is Quietly Rallying CEOs to Prepare for AI's Biggest Risks: Report

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon is reportedly urging corporate leaders to join a U.S.-focused industry group aimed at addressing AI-related risks as businesses rapidly adopt artificial intelligence.

Benzinga

The Debate About The Cost Of Ai Has Taken Centerstage. OpenAI is Cutting The Price Of Two Models

OpenAI is cutting prices for two of its models as the debate over the technology's costs takes centerstage.

International Business Times

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GPT-5.6, ChatGPT Work lift OpenAI’s July ARR over Q2

OpenAI's revenue growth has surpassed second-quarter levels, driven by new product launches. The company is expanding its customer base to support significant AI infrastructure investments. OpenAI aims for substantial compute spending by 2030 and seeks Nvidia funding. Rival Anthropic also shows strong revenue growth with its coding assistant. Competition from…

The Economic Times

Google Helps Chinese Firm Accused by White House of Copying US AI Models Bring Kimi K3 to US Cloud

Google Cloud added support for Moonshot AI's Kimi K3 model days after White House officials accused the Chinese company of copying US AI technology.

International Business Times UK

Nvidia And Meta Think Chinese AI Shouldn't Be Banned—Here's Why

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang and Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg are converging on a message that runs counter to growing calls in Washington to restrict Chinese artificial intelligence models: don’t ban them—beat them.

Benzinga

Moonshot AI closes $3.5 billion funding round to hit $35 billion valuation

The Beijing-based startup managed to secure far more than the $1 billion to $2 billion it initially targeted, people familiar with the matter said. The National Artificial Intelligence Industry Investment Fund — the state vehicle that’s also a backer of DeepSeek’s — was among the lead investors in the round,…

The Economic Times

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China's Moonshot AI reportedly used Nvidia Blackwell chips for training Kimi K3 — company circumvented both U.S. export and Chinese import controls to acquire compute

Moonshot AI reportedly used Nvidia Blackwell chips for training Kimi K3 — potentially circumventing both U.S. export and Chinese import controls

Tom’s Hardware

China is throwing a 1-2-3 punch at the global AI trade

In quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released the Kimi K3 model with performance that rivals top-tier offerings from OpenAI and Anthropic.

The Economic Times

What is Kimi K3? Everything you need to know about the new ChatGPT rival

What is Kimi K3? Discover Moonshot AI’s new open-weight ChatGPT rival, its key features for coding and agents, pricing, and the latest news.

Tom’s Guide

Tech Brief (July 28): Chipmaker CXMT Surges 470% in STAR Market Debut

Momenta launches Robovan business in Suzhou, Meituan upgrades local-services AI assistant and agent platform

Caixin Global

China's AI Companies Are Winning Users, But Losing Money

Chinese AI startups are winning over global developers with low-cost open-weight models, but soaring compute costs and heavy losses show that widespread adoption has not yet created a profitable business model.

International Business Times

Moonshot AI releases weights for Kimi-K3, firing a shot across the bow of OpenAI and Anthropic — open-weight model performs almost as well as frontier models while being 2-3x easier to run

Moonshot AI has released the weights for its recent Kimi-K3 model, directly going against OpenAI and Anthropic.

Tom’s Hardware

China's Moonshot, Z.AI, and DeepSeek are challenging U.S. AI labs—and beating them on cost

“The AI ecosystem in China is probably much better than people thought."

Fortune

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TechRadar

OpenAI quietly signs letter from Nvidia, Microsoft, and Meta warning about dangers of 'premature restrictions' on open-weight AI models — as the White House accuses China of stealing from Anthropic

With China's open-weight AI models continuing to improve, US companies want to see a free market for all.

Benzinga

Trump Official Slams Anthropic Days After It Backed White House's Moonshot AI Theft Allegations: 'No AI Company More Hostile to the Warfighter'

On Friday, after Anthropic endorsed White House accusations that Chinese startup Moonshot AI stole U.S. artificial intelligence capabilities, a senior Defense official criticized the company over its military AI policies.

International Business Times

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

The debate in Washington over Chinese artificial intelligence models has largely centered on national security, intellectual property, and technological competition. This week, it gained an unexpected new data point.

International Business Times

Washington Is Weighing Curbs On Chinese AI. Nvidia, Microsoft And Meta Warn Open Models Shouldn't Be Included

Nvidia, Microsoft, Meta and more than two dozen technology companies are urging U.S. policymakers not to impose broad restrictions on open-weight artificial intelligence models, arguing that doing so could undermine American innovation and hand an advantage to foreign competitors.

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International Business Times UK

Kimi K3 Beat Claude at Coding, Now It's Allegedly Writing Zero-Day Exploits in 27 Minutes

A security researcher claims Kimi K3 discovered a Redis zero-day and produced a proof-of-concept exploit in 27 minutes. Redis has not confirmed the findings.

International Business Times

Can China Copy Its Way To AI Dominance? Trump Administration Says Kimi K3 Is The Result Of Anthropic "Heist"

Trump administration accuses the Chinese startup of distilling Anthropic's models and evading U.S. chip controls in the wake of Moonshot's release of Kimi K3 AI model.

The Independent UK

Viral ‘Kimi AI’ is built on stolen technology, Trump tech advisor claims

Accusations come amid escalating fight between US and China over artificial intelligence

The Economic Times

White House accuses China's Moonshot of stealing Anthropic AI

A top White House official on Wednesday accused Chinese AI startup Moonshot AI of covertly copying Anthropic's most advanced model to build its Kimi K3. Michael Kratsios, director of the White House Office of Science and Technology Policy, said in a post on X that the United States had "information…

International Business Times

Chinese AI Company Moonshot Has Achieved Major Milestones. The White House Accused Of Taking From Anthropic

A White House official accused Moonshot AI of distilling Anthropic's Fable model to help develop K3, which made key technological breakthroughs.

International Business Times UK

'AI Isn't a Bubble, AI Stocks Are': Peter Schiff Warns as SpaceX Drops 46% From Peak

Peter Schiff warns that an AI bubble may have already burst, as SpaceX and other frontier AI models face stiff competition from the newly-launched Kimi K3 model from China's Moonshot AI startup.

The Economic Times

Indian-origin Arvind Raman takes interim charge after AI security chief Chris Fall quits

Chris Fall has resigned as director of the Center for AI Standards and Innovation, after just three months of taking charge. Arvind Raman will now serve as acting director of CAISI while leading the National Institute of Standards and Technology (NIST). This leadership change occurs amid growing uncertainty in AI…

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