China's Moonshot AI releases AI model
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Chinese 'Kimi K3' shock triggers AI semiconductor stock plunge
Munshoot AI’s open-source model ‘Kimi K3’ shook the U.S. tech stock market. On July 17, the Nasdaq Composite fell 1.40% to 25,520.24, the S&P 500 dropped 1.01% to 7,457.69, and the Dow Jones Industrial Average declined 0.
Moonshot released the Kimi K3 on Friday, touting benchmarks comparable to some of the US labs’ best offerings.
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Chinese AI firm Moonshot unveils powerful model with capabilities close to Anthropic, OpenAI
Chinese firm Moonshot has unveiled a new open-source AI model with capabilities similar to those of Anthropic and OpenAI – the latest sign that China is catching up to the US in the race to build advanced AI.
Another powerful new artificial intelligence model from China is taking the U.S. tech industry by surprise. The Beijing-based startup Moonshot on Friday unveiled its Kimi K3, the latest release
Mira Murati's Inkling won't dethrone the best Chinese open-weights models, but it gives Western developers something they haven't had yet.
Recent Chinese AI models are doing well on major benchmarks. The most recent GLM-5.2 model from Z.ai lab performs near the top U.S. closed models in coding and agent tasks. The earlier DeepSeek-R1 release in 2025 similarly shocked the U.S. AI community and ...
New models are launching in Asia that promise Mythos-like capabilities without fear of an export ban. U.S. AI labs may never recover this enormous market.
Overseas stocks and US stock futures fell sharply Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk.
