Moonshot AI Eyes Hong Kong IPO After $50 Billion Valuation
Moonshot AI reportedly targets a Hong Kong IPO in early 2027 that could raise up to $5 billion after its latest private funding round.
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Xiaomi Releases MiMo V2.6 Pro and Flash, Topping the Open Weight Model Rankings
Xiaomi released MiMo-V2.6-Pro and Flash under an MIT license, with Pro becoming the top scoring open weight model on Artificial Analysis’ Intelligence Index at a fraction of frontier lab training costs.
DeepSeek’s New V4.1 Flash is Already Challenging the Best
DeepSeek launched V4.1 Flash, an open-weight model on a new architecture that beats its own larger flagship and rivals Claude Opus 5 on some benchmarks at a fraction of the price.
US Agencies Accuse Six Chinese AI Firms of Systematic Model Theft
By
Samantha Reed
• 3 mins read
The FBI, NSA and CISA jointly accused six Chinese AI companies of systematically distilling US models including Claude and ChatGPT since 2024, calling it their core development strategy.
DeepSeek Moves V4 Pro to General Release at a Fraction of Rivals’ Cost
By
Daniel Mercer
• 4 mins read
DeepSeek’s flagship V4 Pro left preview as build 0813, a 1.6-trillion-parameter model that nears frontier benchmarks at roughly a sixtieth of Anthropic’s Fable 5 pricing.
SpaceXAI Releases Grok 4.6, Tuned for Long-Running Agents
By
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SpaceXAI released Grok 4.6, built for long-running agents and visual work, claiming parity with GPT-5.6 Sol on a composite benchmark while keeping its low, efficiency-focused pricing.
Moonshot Releases 2.8 Trillion-Parameter Kimi K3 on Hugging Face
By
Olivia Grant
• 6 mins read
Moonshot AI has released the full weights for Kimi K3 on Hugging Face, making its 2.8 trillion-parameter multimodal model available for independent deployment, research, and further development.
US Treasury Secretary Threatens Sanctions Over Chinese AI Model Distillation
By
Samantha Reed
• 4 mins read
Treasury Secretary Scott Bessent said the US could sanction Chinese AI companies found to have distilled American models, claiming officials have found US “watermarks” in Chinese systems.
Startups Urge Trump Not to Block Chinese Open-Weight AI Models
By
Samantha Reed
• 4 mins read
Nearly 200 Silicon Valley companies, including Y Combinator and Proton, urged the Trump administration not to restrict Chinese open-weight AI models, warning it would cripple US startups.
Alibaba Previews Qwen 3.8, Claiming It Trails Only Fable 5
By
Daniel Mercer
• 4 mins read
Alibaba previewed Qwen 3.8, a 2.4-trillion-parameter model it claims is second only to Anthropic’s Fable 5, days after Moonshot’s Kimi K3 rattled markets, though no benchmarks back it.
China’s Moonshot Releases Kimi K3, Its Largest AI Model Yet
By
Daniel Mercer
• 4 mins read
Chinese startup Moonshot released Kimi K3, a 2.8-trillion-parameter open-weight model it says rivals Anthropic’s Claude, as the US-China AI gap narrows.