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What to know about the Chinese AI model that’s roiling markets and could threaten U.S. dominance

21st Jul 2026 | 05:07pm
Chinese startup Moonshot AI Pte Ltd. last Friday released its Kimi K3 model, which it said is the world's largest open-weight model and outperforms the United States' most advanced AI offerings on certain benchmarks, signalling that cheaper and more efficient Chinese AI models are quickly catching up to those offered by U.S. companies such as OpenAI Group PBC and Anthropic PBC. Read More