Talk of banning Chinese-made open-weight LLMs reveals the challenge of turning AI into a business.

David Sacks warns US is losing the AI race after Moonshot AI launches Kimi K3, a 2.8 trillion parameter model priced 80% cheaper than Anthropic's Fable 5.

Analysts say Beijing-based start-up Moonshot’s 2.8 trillion-parameter large language model could narrow the gap with the US within ‘weeks’.