🇨🇳 Chinese AI startup Moonshot AI is set to raise up to $5 billion in a Hong Kong IPO, potentially valuing the company at $50 billion, according to Bloomberg. Previously, Moonshot AI released an open-source model, Kimi K3, boasting 2.8 trillion parameters, reportedly the largest AI model globally. The U.S. expressed concerns, calling Kimi K3's emergence a "DeepSeek 2.0" moment for America.
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