Will startup give AI industry another 'DeepSeek moment'?

WASHINGTON, July 18 — Kimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting off fresh...

Chinese startup Moonshot AI’s new AI model sent markets tumbling on Friday. This is what you need to know about the model and its babyfaced founder, Yang Zhilin.

Kimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting off fresh discussion over the China-US…

People walk past the Moonshot booth promoting its Kimi K3 AI model, during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 17, 2026. [Photo/Agencies]

The Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and Anthropic PBC at a fraction of the cost.…