Kimi K3 hype shouldn't alarm the US about “losing the AI race” to China; K3 is a good model but not frontier-level and likely lacks dangerous cyber capabilities
and Washington — quakingCNBC:Chinese AI has leveled up, and brought renewed focus on the open weight model shiftNat Rubio-Licht /The Deep View:The catch behind Kimi K3's benchmark leapReed Albergotti ...
Sources: China's National AI Industry Investment Fund gained voting rights in DeepSeek by joining its $7.4B round; other investors like Tencent and JD got none
On a video conference call from Hangzhou earlier this year, one of China's hottest startups held a four-hour pitch meeting …
Kimi K3 takes #1 on the Frontend Code Arena benchmark, surpassing Claude Fable 5, and scores 88.3 on Terminal Bench 2.1, trailing only GPT-5.6 Sol's 88.8
and rival AI stocks plungedJuro Osawa /The Information:Moonshot AI's New Kimi K3 Challenges U.S. Frontier ModelsLaurie Chen /Reuters:China's Moonshot unveils world's largest open AI model, closing in ...
Filing: a Chinese luggage maker says a fund in which it invested deployed ~$420M for an indirect 0.8265% stake in DeepSeek, implying DeepSeek is valued at ~$52B
Filing: a Chinese luggage maker says a fund in which it invested deployed ~$420M for an indirect 0.8265% stake in DeepSeek, implying DeepSeek is valued at ~$52B
China's Anhui Korrun (300577.SZ) said a fund in which its subsidiary invested deployed 2.90 billion yuan for an indirect 0.8265% stake in DeepSeek …
Sources: DeepSeek's annualized revenue recently reached $400M to $500M as it seeks to raise ~$7.4B at a ~$74B valuation, up from ~$50B after raising ~$7B in May
The Information:
Sources: DeepSeek has started planning for an IPO in China and may file as soon as this year, allowing it to debut in 2027
Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, setting the stage for what could be a landmark debut for the country's technology i...
Sources: DeepSeek has started planning for an IPO in China and may file as soon as this year, allowing it to debut in 2027
Lulu Yilun Chen /Bloomberg:NEW
Sources: DeepSeek is in preliminary talks with new investors about raising funds at a ~$71B valuation, after raising ~$7B at a ~$52B valuation at the end of May
Unusually swift pace of capital injection comes as Chinese AI start-up seeks to build out infrastructure
Sources: DeepSeek is at an early stage of developing its own AI chip designed for inference, in a push that could reduce its reliance on Nvidia and Huawei chips
Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce …