News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.
Treasury Secretary Scott Bessent said the U.S. would examine open source models from China for signs of intellectual property theft, threatening sanctions against Chinese AI companies if IP theft is established. The statement comes as Chinese models gain capabilities and popularity, threatening American AI firms like OpenAI and Anthropic.
A new free Chinese AI model called Kimi from Moonshot has sparked a fierce debate among President Trump's AI advisers, with some calling for restrictions and others warning against self-defeating measures. Meanwhile, a federal judge approved Anthropic's record $1.5 billion copyright settlement, the largest known payout in history, though many authors remain unsatisfied.
Chinese company Moonshot AI released Kimi K3, an open source model that rivals top proprietary models. The launch triggered a Nasdaq dip and renewed debate among tech figures about Chinese AI progress, distillation, and national security risks, echoing the DeepSeek controversy from early 2025.
Kimi has released K3, a multimodal open-weight model with 2.8 trillion parameters and a one million token context window. In benchmarks, it approaches Claude Fable 5 and GPT-5.6 Sol but trails them slightly. Priced at $3 per million input tokens and $15 per million output tokens, K3 signals an end to ultra-cheap Chinese AI models, though it remains cheaper than top Western competitors.
Chinese AI startup Moonshot AI, developer of the Kimi chatbot, is aiming for a valuation of up to $30 billion in a new funding round. The company is looking to raise between $1 billion and $2 billion, more than six times its late-2025 worth of $4.3 billion. Annual recurring revenue has doubled to roughly $200 million by April.
Chinese AI startup DeepSeek announced it will permanently apply a 75% discount on its flagship V4-Pro model, a price cut originally scheduled to expire at the end of May. The move is expected to intensify competition in the global AI market as Chinese firms aggressively court developers with lower pricing.
Chinese AI company DeepSeek launched a preview of its V4 model, featuring longer prompt handling and open-source access. The model offers strong performance at low costs, a 1 million token context window, and optimization for Chinese chips like Huawei's Ascend. It builds on R1's success while addressing efficiency and hardware independence.