China rejected US claims that six Chinese AI companies systematically used American models to develop their technology. US agencies accused DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and http://Z.AI of mining models from leading US developers. Beijing called the allegations “unfounded” and urged Washington to pursue greater AI cooperation instead.
MORE THAN $60 BLN FOR AN AI CHIP DEAL BENEFITING ANTHROPIC, WHILE GOLD STEADIED NEAR $4,525.
Adj. EPS 8.52 yuan, est. 11.28 yuan Rev. 268.95B yuan, est. 268.52B yuan Adj. EBITDA 39.14B yuan, est. 36.92B yuan AI product revenue triple-digit growth for 12th quarter Sustained investments in full-stack AI capabilities
*MOONSHOT ASKING PARTNERS FOR REVENUE SHARE OF UP TO 30% FOR KIMI K3 MODEL-SOURCE $BABA
MOONSHOT'S KIMI K3 AND SCORING COMPARABLY OR BETTER THAN ANTHROPIC'S FABLE 5, WITH SHARES SURGING 7% IN HONG KONG.