The shift to cheaper Chinese AI models highlights a growing trend of cost-driven diversification, impacting US firms' market dominance.
CryptoBriefing•Diego Almada Lopez10h ago
Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and…
Euronews12h agoChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Moonshot AI's rapid valuation growth and IPO plans highlight the increasing global influence and competitive dynamics of Chinese AI firms.
CryptoBriefing•Diego Almada Lopez18h agoReflection AI's open-source tool could intensify global AI competition, challenging market dynamics and prompting strategic shifts among tech giants.
CryptoBriefing•Estefano Gomez5 OctSwarmchasers researchers tracked an AI agent fleet on Tencent Cloud querying Alibaba's Amap for entrance data at 213 places across China.
CryptoBriefing•Diego Almada Lopez5 OctThe rise of Chinese AI labs could reshape global AI leadership dynamics, challenging U.S. dominance and altering market confidence.
CryptoBriefing•Estefano Gomez5 OctA popular Chinese AI program, Qwen, has no memory of Tiananmen Square and no tolerance for Winnie the Pooh.
OpenAI on Wednesday said it identified and disrupted a coordinated distillation campaign that was designed to illicitly extract protected reasoning from its artificial intelligence (AI) models.
Mindgard said it discovered in July that Kimi models K2.6 and K3 Swarm could evade developer's safety limits.
BBC29 Sept
As President Donald Trump prepares to meet tech and AI CEOs in Washington, Rep. Ro Khanna (D-CA) is calling for a treaty between the US and China to keep AI from wreaking havoc on the world.
The Verge•Lauren Feiner29 SeptUsage of Chinese AI models by businesses across the globe has increased substantially in 2026.
Chinese AI company Moonshot says that its Kimi K3, released in July, is the world's largest open model with 2.8 trillion parameters.
The Federal Register website briefly used an open source Chinese AI search tool.
Ars Technica•Ashley Belanger18 SeptThe shift follows aggressive price cuts after low-cost Chinese AI models such as DeepSeek intensified competition across the industry.
The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms
Rhodium Group's latest analysis of Chinese and U.S. AI companies also found that low revenue did not necessarily correspond with lower valuation.
Hong Kong's data center ambitions face uncertainty, as financing challenges and reliance on Chinese AI firms pose significant risks.
CryptoBriefing•Editorial Team16 SeptZ.ai shares tumbled after the Chinese AI company announced its second major fundraising in two months.
Federal agencies accused six Chinese AI companies of training on American models to do this, but analysts say it’s not the only explanation