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Moonshot AI eyes US$30 billion valuation as China’s AI race intensifies

Moonshot AI eyes US$30 billion valuation as China’s AI race intensifies The company behind the Kimi chatbot is aiming for a valuation that would place it among China’s most valuable AI start-ups Moonshot AI, the developer of China’s popular Kimi chatbot, is seeking to raise between US$1 billion and US$2 billion in a new funding round that could value the company at as much as US$30 billion, according to a person familiar with the matter, as competition among the country’s leading artificial...

South China Morning Post 1d ago

SpaceX’s $1.78tn IPO asks investors to buy Musk’s moonshots

Public markets asked to price in advances in AI, Starlink and space-based computing long before lift-off

Financial Times 1d ago

How US immigration policy change may 'trouble' Apple, Google, OpenAI & other tech giants

The AI race between the US and China has entered a new phase, shifting from a battle over microchips to a war for top artificial intelligence (AI) talent. Tightening US immigration policies appears to be stinging Silicon Valley as top American tech giants, including Apple, Google, OpenAI and Microsoft, face a trend of brilliant Chinese scientists increasingly opting to return home, taking Washington’s ambitious AI visions back to Beijing. For years, American tech hubs held a massive...

Times of India 4d ago

China poaches more AI talent from the U.S. as it eyes the next 'super-app'

BEIJING — A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It's a sign of a shift in the U.S.-China tech race. AI with human-level or above capabilities (AGI) has long been the goal of U.S. companies such as OpenAI, Anthropic and Alphabet, which acquired British startup DeepMind.

CNBC 5d ago

AI agents actively ignore EU law to achieve goals, study finds

The best-performing AI agent, Anthropic’s Claude Opus, only complied with EU law in 54% of cases, according to a Dutch non-profit research firm. Some of the world's most popular AI models are building agents that actively resist EU regulation to get what they want, according to new research. Aithos, a Dutch non-profit researching AI alignment, developed a system called LARA to test 12 popular AI agent models to see whether they would follow key parts of the EU AI Act, which regulates how AI...

Euronews 8d ago

When IPOs go wrong: SpaceX, AI firms face a delicate process

When IPOs go wrong: SpaceX, AI firms face a delicate process SAN FRANCISCO, June 3 : Beware the ghosts of IPOs past. SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind. That will put the companies' chiefs in the sights of the buttoned-down world of Wall Street, even as they sell moonshots in the form of rockets and artificial intelligence software that occasionally makes up answers.

Channel News Asia 6d ago

What to expect from Google I/O 2026

What to expect from Google I/O 2026 We're sliding into developer conference season and one of the biggest events on the upcoming calendar is Google I/O. This year's edition is taking place on May 19 and 20.

Engadget 56d ago

The OnlyFans Economy of American AI

“The dreamers look skyward with longing. The Internet hums with its usual promise — you will find your people, your myth, your wonder, and maybe your transformation. There is no class consciousness.

Hacker News 2d ago