Moonshot AI

Moonshot AI in revenue talks with Microsoft, Amazon, Google

China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon Amazon.com, Inc., and Alphabet's Google that would allow the U.S. cloud giants to host its Kimi K3 model, Reuters reported on Wednesday, citing three people familiar with the talks.

Researchers reveal method to extract hidden reasoning from top AI models

A team of researchers has developed a technique to extract hidden reasoning traces from leading AI models, revealing evidence that at least one Chinese AI system may have been trained by distilling insights from American counterparts — though the researchers…

Gartner: Half of global firms to use Chinese AI by 2027

Chinese AI startup Moonshot AI temporarily halted new consumer subscriptions to its Kimi K3 model in July after surging demand pushed its GPU infrastructure to capacity, marking a milestone moment for Chinese AI as the 2.8 trillion-parameter model became the…

China’s Kimi K3 AI model escaped UK government sandbox, researchers say

Chinese AI startup Moonshot's flagship model Kimi K3 broke out of a secure testing environment developed by the UK's AI Security Institute during a cybersecurity evaluation, according to a report first published by WIRED on Wednesday and confirmed by Bloomberg.…

Moonshot AI built Kimi K3 on 20,000 Nvidia chips from Alibaba

Chinese AI startup Moonshot has a computing power agreement with Alibaba for the use of around 20,000 Nvidia chips, Bloomberg reported on July 31, citing people with knowledge of the companies' operations. The hardware forms a substantial chunk of the…

Chinese open-weight AI models pressure US tech giants to rethink strategy

A wave of powerful open-weight artificial intelligence models from Chinese companies is reshaping the global AI landscape, prompting American tech giants to call on Washington to develop a national strategy for open-source AI before the United States loses its footing…

China weighs curbing overseas access to its top AI models

China's open-weight artificial intelligence models are making rapid inroads globally, as Moonshot AI's Kimi K3 and a wave of competing Chinese systems offer developers and businesses capable alternatives to proprietary American platforms at a fraction of the cost.

Asian chip stocks slide as Kimi K3 fears deepen selloff

The release of Moonshot AI's Kimi K3 open-weight model has set off a sustained selloff in semiconductor stocks worldwide, with the rout deepening this week as investors continue to reassess the economics of the AI boom in the face of…

China’s Moonshot AI closes $3.5B round at $35B valuation

China's Moonshot AI has closed a $3.5 billion funding round that pushed its valuation to $35 billion, far exceeding its initial target of $1 billion to $2 billion, according to Bloomberg. The Beijing-based startup is now seeking additional capital at…

Alibaba, Huawei back China’s largest open AI model

Alibaba Group and Huawei announced on July 27 that their AI server platforms now support Moonshot AI's Kimi K3, the world's largest open-weight AI model, just hours after the Beijing-based startup released the full model weights to the public. The…

Moonshot AI seeks more Nvidia chips for larger Kimi K4 model

Chinese AI startup Moonshot AI is in discussions to acquire additional Nvidia Blackwell-architecture GPUs to train its next model, Kimi K4, which would be larger than its 2.8 trillion-parameter Kimi K3, according to a report from The Information published Monday.…

Moonshot AI releases Kimi K3 open weights amid U.S. IP theft accusations

Moonshot AI made the full weights of its Kimi K3 model available for public download on Sunday, delivering on a pledge to open-source the 2.8-trillion-parameter system — the largest AI model ever released for free use — just as Washington…

Moonshot AI releases Kimi K3 model weights for free download

China's Moonshot AI has released the full model weights of its Kimi K3, a 2.8-trillion-parameter system that now stands as the world's largest open-weight AI model available for free download, fine-tuning, and self-hosting. The weights went live on Hugging Face…

China vows countermeasures over US AI distillation sanctions threat

China's Ministry of Commerce on Monday accused the United States of "AI hegemonism" and warned it would take "all necessary measures" to safeguard its interests if Washington follows through on threats to sanction Chinese artificial intelligence companies over allegations of…

Chip stocks rebound after Kimi K3 selloff as TSMC eyes price hike

The release of Moonshot AI's Kimi K3 on July 16 sent shockwaves through global semiconductor markets, pushing the Philadelphia Semiconductor Index into bear-market territory before chip stocks staged a recovery on Monday and Tuesday as analysts argued the model's massive…

Moonshot AI eyes $50B valuation as U.S. weighs Chinese AI ban

Leaders at OpenAI and Anthropic are warning that powerful new artificial intelligence models from China could create "dystopian" scenarios and pose unacceptable security risks if left unregulated, according to The Wall Street Journal News Corp. The alarm comes as Beijing-based…

Moonshot AI targets $50B valuation ahead of Hong Kong IPO

Chinese artificial intelligence startup Moonshot AI is preparing to open discussions in August for a final fundraising round before a Hong Kong initial public offering, targeting a valuation of as much as $50 billion, according to Bloomberg News reporting cited…

GigaAI seeks 2026 Hong Kong IPO amid Chinese AI listing wave

A cluster of China's most prominent artificial intelligence startups is accelerating plans for public listings, marking a new phase in the global AI arms race as companies seek billions in fresh capital to fund compute infrastructure and model development.

Analyst estimates Kimi K3 erased $314B from OpenAI, Anthropic valuations

Chinese startup Moonshot AI's Kimi K3, a 2.8-trillion-parameter open-weight model unveiled on July 16, has rattled global markets and forced investors to reassess the valuations of America's leading AI companies. Bloomberg reported on July 20 that IG market analyst Tony…

China’s WAIC showcases massive AI models, spooking Wall Street

The 2026 World Artificial Intelligence Conference concluded in Shanghai on Sunday after four days that showcased China's rapidly maturing AI sector, punctuated by the unveiling of massive open-weight models and a keynote address from President Xi Jinping that framed Beijing…

Moonshot AI’s Kimi K3 rattles chip stocks, pauses signups amid surging demand

Beijing-based Moonshot AI released Kimi K3 on July 16, a 2.8 trillion-parameter open-weight model that the company says can compete with the leading American AI systems — and the market reaction was swift. By Friday, the Philadelphia Semiconductor Index had…

Citi, BofA say Kimi K3 will boost memory chip demand

The launch of Moonshot AI's Kimi K3 on July 16 triggered a sweeping selloff across global semiconductor stocks, but analysts at Citi and Bank of America Securities argue the model's architecture actually points to sustained or increased demand for memory…

Anthropic ends free Fable 5 access, shifts users to tiered pricing

Anthropic is restructuring how subscribers access its most powerful AI model, Claude Fable 5, ending months of extended promotional access and splitting its user base into tiers that push lower-paying customers toward pay-per-use pricing. The changes, which take effect today,…

Hang Seng surges on China stimulus bets and AI gains

Hong Kong's Hang Seng Index surged on Monday, climbing above the 25,000 level for the first time since early June as investors bet that Beijing will roll out fresh stimulus following a string of weak economic data, while a flurry…

Alibaba, Tencent surge as Kimi K3 fuels rotation into Chinese AI stocks

Shares of Alibaba and Tencent surged in Hong Kong on Monday as investors rotated out of battered semiconductor stocks and into Chinese internet platforms seen as beneficiaries of cheaper, more competitive open-weight AI models following Moonshot AI's launch of Kimi…

China state funds deploy $9B in stocks after AI selloff

Two of China's largest state-owned investment firms announced roughly 60 billion yuan (approximately $9 billion) in stock purchases over the weekend, moving to stabilize markets after a punishing AI-driven selloff rattled global technology stocks last week.

Moonshot AI halts new Kimi K3 signups as demand hits GPU limits

Three days after launching Kimi K3 — the largest open-weight AI model ever released — Chinese startup Moonshot AI suspended new consumer subscriptions on Sunday, July 19, saying user demand had pushed its computing infrastructure to its limits.

Moonshot AI targets Hong Kong IPO at $30B+ after Kimi K3 rattles tech stocks

Moonshot AI, the Beijing-based startup behind the Kimi chatbot, has told investors it is preparing to list on the Hong Kong Stock Exchange within six months, Bloomberg reported on Saturday, as the company moves to capitalize on the momentum from…

China rejects AI theft claims as new model rivals U.S. leaders

China has dismissed allegations that its artificial intelligence companies illicitly extract capabilities from foreign models, as the release of a powerful new Chinese AI system reignited tensions between Washington and Beijing over technology theft.

Moonshot AI launches Kimi K3, largest open-weight AI model

Chinese AI startup Moonshot AI on Wednesday unveiled Kimi K3, a 2.8 trillion-parameter mixture-of-experts model that it calls the largest open-weight language model ever released, escalating the competition between Chinese and American AI labs at a moment when businesses are…