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EXPLAINED: Moonshot | Rare Historical Photos

Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs, SCMP reports

The developer of the Kimi large language model has discussed plans for a Hong Kong ‌IPO with its ⁠financial ⁠backers and has also floated the possibility of a subsequent mainland listing, according to one of the people who spoke to SCMP.

The Economic Times

Chinese AI firm Moonshot files confidentially for Hong Kong IPO

Moonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is in talks with Microsoft, Amazon and Google on ‌revenue-sharing agreements that ⁠would allow ⁠the U.S. cloud companies to host the model.

The Economic Times

MSFT Stock Alert: Moonshot Could Give Microsoft Another AI Revenue Stream

Microsoft is in early talks with Moonshot over its Kimi K3 AI model, potentially giving Azure an additional powerful growth catalyst.

Barchart

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Moonshot Pushes Kimi K3 Into the U.S. Market. Microsoft, Amazon and Google Weigh Revenue-Sharing Deals.

Moonshot is seeking as much as 30% of the revenue generated from K3-related services offered through Microsoft's Azure, Amazon Web Services and Google Cloud, according to a new report.

International Business Times

China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing

The discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite national security concerns in Washington that have led to bans on exports of AI chips to China. They are also ‌taking place despite critical ⁠comments about ⁠Moonshot from senior…

The Economic Times

China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources say

Moonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its Kimi K3 model. The Chinese AI firm seeks up to a thirty percent revenue share from these services. Unresolved issues include revenue splits and data access for auditing token…

The Economic Times

US-China AI War: Inside the Battle for Global Tech Dominance

The world’s two largest economies are locked in a fierce competition to win the global AI race.

Benzinga

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Chinese startup Moonshot's AI model breaks out of testing environment, researchers say

AI models are typically run in isolated "sandboxes" during cybersecurity tests to block access to external information and assess their ability to solve problems independently. Kimi K3 bypassed one such sandbox, allowing it to access information beyond the test ⁠environment, U.S.-based ‌cybersecurity research firm Frontier Security said.

The Economic Times

Alibaba's Next Qwen AI Model May No Longer Be Free for Large Enterprises as It Eyes Moonshot Kimi K3-Like Revenue-Sharing Strategy: Report

Alibaba Group Holding Limited (NYSE:BABA) is reportedly preparing to introduce a revenue-sharing model for large commercial users of its upcoming open-source Qwen AI model.

Benzinga

Alibaba plans to charge big users of its next open-source AI model

Like last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that allow developers to run or adapt the system are available for download. By contrast, U.S. developers OpenAI, Anthropic and Alphabet's Google have closed-source models.

The Economic Times

Trump admin to review 'closed' AI models before release: reports

The Trump administration on Tuesday met with tech leaders to finalize a security review process for advanced AI models before their release, though it will apply only to "closed" models, US media reported. According to Axios, the review process will only apply to closed models that are tightly controlled by…

The Economic Times

The AI Chip Blockade Is Creating a Shadow Market

US export controls have spurred a multi-billion-dollar AI chip gray market in Southeast Asia, with firms like Moonshot and Alibaba using proxy cloud access to secure NVIDIA-based compute.

MarketBeat

Alibaba unveils its most capable AI model to date, not far behind Moonshot's in size

Chinese tech companies - a huge force in open-weight AI models globally - are locked in a fierce and fast-moving battle to build more powerful systems without ‌making them prohibitively ⁠expensive ⁠to run.

The Economic Times

Moonshot has Nvidia chip cluster from Alibaba computing deal: Bloomberg News reports

Chinese AI firm Moonshot has secured computing power from Alibaba. This deal involves approximately twenty thousand Nvidia chips for their models. Moonshot recently unveiled its Kimi K3 model, a large open-weight AI system. US export controls create computing power constraints for Chinese companies. Moonshot is seeking additional chips to train…

The Economic Times

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International Business Times UK

Google Helps Chinese Firm Accused by White House of Copying US AI Models Bring Kimi K3 to US Cloud

Google Cloud added support for Moonshot AI's Kimi K3 model days after White House officials accused the Chinese company of copying US AI technology.

Benzinga

Steve Eisman Says He'd Be 'Petrified' Running OpenAI or Anthropic as Cheap Chinese Models Threaten Price War

Steve Eisman says he wouldn’t want to run OpenAI or Anthropic right now, and with both labs preparing to go public, the timing stings.

The Economic Times

Moonshot AI closes $3.5 billion funding round to hit $35 billion valuation

The Beijing-based startup managed to secure far more than the $1 billion to $2 billion it initially targeted, people familiar with the matter said. The National Artificial Intelligence Industry Investment Fund — the state vehicle that’s also a backer of DeepSeek’s — was among the lead investors in the round,…

Tom’s Hardware

China's Moonshot AI reportedly used Nvidia Blackwell chips for training Kimi K3 — company circumvented both U.S. export and Chinese import controls to acquire compute

Moonshot AI reportedly used Nvidia Blackwell chips for training Kimi K3 — potentially circumventing both U.S. export and Chinese import controls

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International Business Times

U.S. Companies Believe China Has Been Acquiring AI Chips. Now A Nvidia Employee Has Been Arrested

Taiwan has detained a Nvidia employee as part of a probe into the alleged illegal exports of Super Micro AI servers to China.

Tom’s Guide

What is Kimi K3? Everything you need to know about the new ChatGPT rival

What is Kimi K3? Discover Moonshot AI’s new open-weight ChatGPT rival, its key features for coding and agents, pricing, and the latest news.

Tom’s Hardware

Moonshot AI releases weights for Kimi-K3, firing a shot across the bow of OpenAI and Anthropic — open-weight model performs almost as well as frontier models while being 2-3x easier to run

Moonshot AI has released the weights for its recent Kimi-K3 model, directly going against OpenAI and Anthropic.

The Economic Times

China accuses US of 'AI hegemonism', threatens countermeasures over potential probes

The ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanced US AI models, despite what it called a lack of factual or legal grounds.

Fortune

China's Moonshot, Z.AI, and DeepSeek are challenging U.S. AI labs—and beating them on cost

“The AI ecosystem in China is probably much better than people thought."

The Independent UK

Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

Chinese AI models are gaining popularity in the U.S. for their affordability and efficiency

Fortune

OpenAI President says rogue AI attack on Hugging Face 'is indicative of the times we are in' as the company continues to investigate incident

The OpenAI president and co-founder also calls for 'democratizing' AI access, suggesting he opposes any ban on American companies using Chinese AI.

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