Latest China News and Insights | Yellow

Michael Kratsios, the White House science and technology adviser, accused China's Moonshot AI of distilling Anthropic's Fable model to build its 2.8 trillion parameter Kimi K3. Key Points: The White House says Moonshot AI ran a hidden platform to pull capabilities out of US frontier models. Official

US officials are weighing restrictions on Chinese open-weight AI models after Moonshot's 2.8 trillion-parameter Kimi K3 outperformed leading American systems, drawing sharp pushback from researchers. Key Points: Kimi K3 topped US frontier models on a major coding benchmark, reviving White House inte

DeepSeek raised roughly 50 billion yuan, or $7.4 billion, in its first external funding round, reaching a $52 billion valuation backed by Tencent and CATL. Key Points: DeepSeek closed a roughly $7.4 billion raise, its first outside funding, at a $52 billion valuation. Tencent came in as the largest

Moonshot AI unveiled Kimi K3, a 2.8 trillion parameter open-weight model the company calls the largest of its kind, with benchmarks placing it near frontier US systems. Key Points: Moonshot's Kimi K3 carries 2.8 trillion parameters and a 1 million token context window, with full weights due Jul. 27.

China’s lower-cost artificial intelligence models are gaining traction with startups, creating a new adoption threat for Anthropic and OpenAI. Key Points: Startups are testing Chinese AI models as token costs rise for coding and workflow automation. DeepSeek’s model traffic share on Vercel reportedl