TechCrunch's Equity podcast discussed the reaction to Moonshot AI's Kimi model, which reignited debates over US competitiveness and open versus proprietary AI. The hosts argued the panic echoes the earlier DeepSeek episo...
A downed power line near Washington, DC triggered roughly 3.1 gigawatts of Northern Virginia data centers to switch to backup power within 30 seconds, destabilizing the PJM grid for over 11 minutes and causing regional v...
AI chip startup Etched closed a $300 million Series C led by Sequoia at a $10.3 billion valuation, doubling its valuation in roughly seven months. The company has manufactured its custom inference chips via TSMC, booked...
White House science advisor Michael Kratsios accused Chinese company Moonshot of building its open-weight LLM Kimi K3 by distilling Anthropic's Fable model and using export-banned Nvidia GB300 chips. AI researchers are s...
OpenAI announced it will spend $750 billion on infrastructure through 2030, up 25% from earlier estimates, beginning with a $20 billion, 3.2-gigawatt data center campus in Georgia called Project Camellia. The company wil...
Nonprofit Current AI, founded in February 2025 and seeded with $100 million from the French government alongside funders including Ford Foundation, MacArthur Foundation, DeepMind, and Salesforce, is building open public...
Chinese firm Moonshot AI released Kimi K3, an open-weight model it says achieves frontier-level performance while still trailing Claude Fable 5 and GPT 5.6 Sol, with independent evaluations from Arena.ai and Vals AI corr...
Andrew Dai, a former Google DeepMind researcher, has founded Elorian and raised $55 million at a $300 million valuation to focus on visual AI. The startup aims to address current limitations in visual reasoning and under...
Chinese AI startup Moonshot AI is set to release Kimi K3, a massive open-weight model with 2 to 3 trillion parameters designed to rival closed-source frontier models like Anthropic's Opus 4.8. This launch comes alongside...
Reflection AI, a prominent open-weight AI startup, has signed a $1 billion compute partnership with European infrastructure provider Nebius to secure access to Nvidia's latest chips. This deal reflects a growing industry...
