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A new Chinese AI model, Kimi K3, has triggered a global selloff in tech stocks, prompting comparisons to the DeepSeek shock of early 2025. The reaction highlights investor anxiety over China's growing AI influence.
Kimi's new open-weight model K3, with 2.8 trillion parameters, nearly matches top-tier models like Claude Fable 5 and GPT 5.6 Sol, while signaling the end of cheap Chinese AI.
Chinese AI models are outperforming Western systems in cost efficiency, with a 30% advantage over OpenRouter benchmarks, as US companies increasingly adopt cheaper alternatives.
Chinese AI startup DeepSeek has raised over $7.4 billion in its first external funding round, valuing the company at $50 billion. The investment underscores strong confidence in its AI capabilities and growth potential.
DeepSeek has closed a $7 billion funding round with an unusual structure, valuing the company between $52 billion and $59 billion. The funding highlights both the company’s disruptive potential and a novel approach to investment.
Chinese AI startup Deepseek plans a record $7.35 billion funding round ahead of its V4.1 launch, while Core Automation, founded by ex-OpenAI researcher Jerry Tworek, has quadrupled its valuation in weeks.
Chinese AI firm SenseTime releases new image model optimized for speed and domestic chips amid US restrictions. The move reflects a broader trend of Chinese companies building independent AI ecosystems.
Researchers from Stanford and Princeton found that Chinese AI models are more likely than their Western counterparts to dodge political questions or deliver inaccurate answers. This self-censorship reflects the influence of local regulations on AI development.
Anthropic accuses Chinese AI labs of using 24,000 fake accounts to distill Claude's capabilities, as U.S. officials debate export controls on AI chips aimed at slowing China's progress.
