China's Moonshot AI launches open-weight Kimi K3 model closing gap with US rivals

Jul 17, 2026

Chinese startup Moonshot AI launched its most capable frontier model, Kimi K3, which it claims can rival most of the advanced models by Anthropic...

US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: Jefferies

Jul 28, 2026

The United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI models increasingly challenge the dominance...

Chinese AI startup DeepSeek to raise $7 billion in maiden funding round: Report

Jun 03, 2026

DeepSeek's AI heft was recognised by Silicon Valley when, early last year, its V3 and R1 models drove the realisation that AI models didn't...

US lawmakers probe Chinese AI firms over security risks and alleged exploitation of American models

May 01, 2026

US lawmakers have launched a joint investigation into national security risks posed by Chinese AI models used by American firms. Chairmen Moolenaar and Garbarino...

India, France share "same objective" on AI innovation, not "totally dependent" on US, Chinese models: Macron

Feb 18, 2026

French President Emmanuel Macron on Wednesday said that India and France share the "same objective" on artificial intelligence (AI) innovation and do not want...

EU rules on general-purpose AI models start to apply tomorrow, bringing more transparency, safety, accountability

Aug 02, 2025

Tomorrow, the AI Act obligations for providers of general-purpose AI (GPAI) models enter into application across the EU.