Treasury Secretary Scott Bessent warned that sanctions and trade-limiting entity-list designations are on the table.

How to Beat China and Make AI Safe

In the past six weeks, America’s most protected artificial-intelligence model, Anthropic’s Fable 5, was jailbroken on release, temporarily switched off by a letter from the Trump administration, and dethroned on leader boards by a Chinese model, Kimi K3. Moonshot AI, K3’s maker, released the powerful model in mid-July; K3’s “weights”—the trillions of numbers that store…

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AI Czar David Sacks says China's Kimi K3 model is ‘concerning’ for America: 'This is exactly what I ...', gets response from Elon Musk

    AI Czar David Sacks says China’s Kimi K3 model is ‘concerning’ for America: ‘This is exactly what I …’, gets response from Elon Musk

    AI Czar David Sacks has spoken out on China’s new Kimi K3 artificial intelligence (AI) model, calling its performance “concerning” for American technological dominance. Sacks warned that heavy domestic regulation is crippling US innovation just as overseas rivals catch up, drawing an immediate agreement from billionaire Elon Musk. Sacks comments came soon after Beijing promoted…

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    DeepSeek had more than 355 million users as of February. Photo: Xinhua

      DeepSeek 12-hour outage leaves millions cut off, sparks complaints as rivals gain ground

      Chinese artificial intelligence start-up DeepSeek suffered a prolonged outage overnight that extended into early Monday morning, disrupting service for hundreds of millions of users, according to a company notice and user feedback. The Hangzhou-based AI lab’s namesake chatbot website and app were offline from Sunday evening, with the company continuing to investigate while issuing fixes…

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      Photographer: Raul Ariano/Bloomberg

        China AI Startup Moonshot Snags Funds at $18 Billion Valuation

        Photographer: Raul Ariano/Bloomberg (Bloomberg) — Moonshot AI is seeking to raise as much as $1 billion in an expanded funding round that would value the startup at about $18 billion, more than quadrupling its valuation in just three months and underscoring growing interest in Chinese AI developers racing to rival Silicon Valley leaders. The company…

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          Moonshot and MiniMax step up as China’s new frontier AI labs

          Chinese artificial intelligence start-ups Moonshot AI and MiniMax have emerged as China’s strongest contenders to rival US frontier labs in 2025 – even as DeepSeek has stolen the spotlight as the poster child for the country’s AI ambitions. Moonshot AI, founded by 33-year-old Yang Zhilin, has sharply raised its profile in China’s AI ecosystem with…

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          Why new model of China’s Moonshot AI stirs ‘DeepSeek moment’ debate

          Why new model of China’s Moonshot AI stirs ‘DeepSeek moment’ debate

          Beijing-based Moonshot AI, a start-up valued at US$3.3 billion and backed by Chinese tech giants like Alibaba Group Holding and Tencent Holdings, has presented another David-vs-Goliath story after creating an open-source model that “set new records across benchmarks that assess reasoning, coding and agent capabilities”. The new reasoning model, Kimi K2 Thinking, was the most…

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